Remove B2B Remove Lockbox Remove Treasury Management
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Citizens Bank Working With CheckAlt On Lockbox Processing

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CheckAlt , which provides lockbox and treasury management services, is now working with Florida's Citizens Bank & Trust to provide the aforementioned services, a press release says. Previously, Citizens Bank & Trust processed lockbox payments in-house.

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How AR Can Usher The Legacy Lockbox Into The Digital Age

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Take the lockbox, for example. It’s a service designed around the ubiquity of the paper check, and with checks still a popular payment tool in B2B transactions, lockbox services remain in high-demand. Lockbox services may seem outdated in today’s ecosystem of electronic payments and cloud-based financial management platforms.

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Why The Time Is Right For Banks To Tap Into Integrated Receivables

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As it stands, many larger banks — and even mid-sized banks — tap into treasury management solutions for two reasons. And, on the lending side, to the extent that a bank is offering both a loan and treasury management services to a corporate, they have the entire relationship with that particular customer. percent to $3.6

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FIs Embrace FinTech Options To Bolster Business Banking

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Apollo Bank Adopts CheckAlt Lockbox Technology. Miami-based Apollo Bank is turning to a third-party FinTech to strengthen its corporate payments and treasury management offering. PNC Acquires Tempus Technologies.

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CheckAlt, Tru Treasury Partner To Help Credit Unions Accelerate Pay And Reconciliation

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CheckAlt , which provides lockbox and treasury management services, has struck a partnership with credit union service organization (CUSO) Tru Treasury to help credit unions attract new members and boost services, a press release says. The partnership touts its ability to work in both paper and electronic services.

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FTNI Brings AR Automation To Horicon Bank Clients

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“The traditional corporate banking customer relationship is changing,” reflected Horicon Bank Vice President of Treasury Management Bob Van Kirk in a statement. The AR solution also supports payment acceptance across channels, including online, mobile, in-person and others.