Remove Checks Remove Lockbox Remove Remote Deposit Capture
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Why The Time Is Right For Banks To Offer Integrated Receivables

PYMNTS

For receivables, Berdan noted that larger banks have done well with lockboxes as have smaller banks have with remote deposit capture (RDC). Beyond larger institutions, smaller banks can enter the market by using newer capabilities with Remote Deposit Capture (RDC).

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Preserving Check Workflows Can Ease B2B Payments Digitization

PYMNTS

Although a recent uptick in B2B payments innovation has accelerated corporates’ migration away from the paper check, old habits die hard, and the legacy payment tool remains a mainstay in the accounts payable (AP) department. “Checks will be around for a while. Preserving Check Workflows.

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FTNI Brings AR Automation To Horicon Bank Clients

PYMNTS

21) that FTNI will provide AR processing services for Horicon Bank’s corporate banking clients, which will have access to a single SaaS platform to accept payments across payment rails, including ACH, check, cards and cash. The companies revealed Tuesday (Feb.