PYMNTS

MARCH 18, 2020

As Biegel explained, a lack of data standardization across payment tools remains a challenge to the reconciliation and cash application process, even when that data is electronic. Lockbox Data Headaches. “Accepting payments via check through company lockboxes can be a very difficult process today,” said Biegel.

Lockbox 80

Lockbox Reconciliation Checks Automation 80

PYMNTS

JULY 15, 2020

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.

Credit Union 52

Credit Union Treasury Reconciliation Credit Union Service Organization 52

PYMNTS

JANUARY 29, 2020

Offering solutions that promote workflow automation from sourcing through to payment, reconciliation and accounting is not usually part of an FI’s product roadmap. When it comes to helping corporates manage their supply chains, traditional banks tend to focus on the financing aspect via trade finance, factoring or other such products.

P2P 52

P2P Lockbox Payment Reconciliation Value Added Service 52