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With the impending launch of Spring by Citi , Citi ’s Treasury and Trade Solutions (TTS) is increasingly incorporating the consumer payments experience into its broader B2B treasurymanagement and transaction banking offering as it moves to support its institutional clients in their own journeys to meeting customer payment demands.
Treasurymanagement system provider GTreasury announced it reached a deal to acquire risk management and compliance software company Visual Risk , reports in Mondo Visione said Tuesday (April 17). Pater will lead the combined entity as CEO, while Nailand will continue to serve as managing director of Visual Risk.
Paper checks are far from disappearing in business payments, but a new solution from U.S. Bank will add a digital, mobile twist to the paper paymenttool. Bank Head of Receivables Solutions for TreasuryManagement Sam Robb in a statement.
In the flurry of payments innovation, it can be difficult to remember that legacy tools remain commonplace, especially in corporate payments. It’s a service designed around the ubiquity of the paper check, and with checks still a popular paymenttool in B2B transactions, lockbox services remain in high-demand.
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