Direct Insite Signs Strategic Partnership with Enterprise Risk Management

FT. LAUDERDALE, FL / ACCESSWIRE / April 28, 2016 / Direct Insite Corp® (OTCQB: DIRI), provider of the powerful PAYBOX® Cloud for accounts payable and accounts receivable automation platforms, today announced that the company has formed a strategic partnership with Enterprise Risk Management, a provider of risk management services to businesses, financial institutions and government entities worldwide.

The partnership will provide Direct Insite customers with access to a broader range of services for safeguarding their critical financial information. Enterprise Risk Management's service lines include IT security, risk management, computer forensic services, IT audit services, regulatory compliance, and attestation services. The company's services range from risk assessments to the design of secure networks to the correction of existing problems. The partnership also further validates the security of Direct Insite's processing infrastructure, which is PCI and SSAE - 16 compliant, and ISO 9001:2008 certified. Additonally providing Enterprise Risk Managements customers access to Direct Insites suite of PAYBOX AP Automation, Electonic Invoice Presentment and Payment and Integrated Recievables products.

"Financial operations face growing IT security and regulatory compliance obligations, as well as increasing risks to the integrity of their systems. Enterprise Risk Management will help provide our clients the highest level of expertise to assess and address risks, comply with standards and regulations and mitigate risks. By combining these services with Direct Insite's highly secure infrastructure and PAYBOX product offerings, businesses can achieve greater peace of mind about the safekeeping and integrity of their financial information," said Chairman of the Board and Chief Executive Officer Matthew E. Oakes.

"This new strategic alliance combines the technology, services and industry experience of two market leaders to help organizations address today's compliance and risk management issues, while positioning them to keep up with continually changing and increasingly complex security demands," stated Enterprise Risk Management President Silka M. Gonzalez. "Enterprise Risk Management looks forward to working with Direct Insite to meet the needs of financial operations."

About Enterprise Risk Management

Enterprise Risk Management is a leader in cyber-security, information assurance and digital forensics management firm based in Miami, Florida. It provides local, national, Fortune 500, and international businesses and government organizations with completesecurity life cycle services and products. For more information, visit

About Direct Insite®

Direct Insite® provides a powerful platform for unified working capital management that facilitates over $160 billion worth of transactions annually between more than 375,000 companies worldwide. Direct Insite's clients include IBM, Siemens, B/E Aerospace, Saint Gobain, Carlson and one of the world's largest financial institutions. The flagship component of Direct Insite's unified working capital management platform is PAYBOX® Cloud, which contains AR and AP platforms that customers leverage safely. This innovative automation solution facilitates invoice processing, online approvals and adjustments, and payments. PAYBOX® can be integrated with any legacy accounting, ERP or lockbox system. Learn more

Corporate Contact:

Lowell M. Rush
Chief Financial Officer
Direct Insite Corp.

SOURCE: Direct Insite Corp.

ReleaseID: 439359

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