Paystand

FEBRUARY 6, 2024

For a long time, bank lockbox services have helped treasury and finance teams manage their receivables. But now, there are a number of options for lockbox services in the internet age. These services help with processing checks and other payments sent by mail.

Lockbox 75

Lockbox Risk Treasury Checks 75

PYMNTS

OCTOBER 2, 2019

Settling funds faster, no matter the use case, benefits the entire ecosystem, and takes liquidity risk out of the equation. In corporate settings, there’s a clear advantage, as reducing liquidity risk accelerates working capital, giving firms more leeway to put money to work and capitalize on growth opportunities.

C2B 81

C2B Faster Payments Real Time Payments Lockbox 81

PYMNTS

FEBRUARY 2, 2021

Apollo Bank Adopts CheckAlt Lockbox Technology. The bank recently announced a partnership with CheckAlt to adopt its lockbox technology, allowing corporates to automatically accept, process and reconcile check payments. PNC Acquires Tempus Technologies. The Clearing House Facilitates Third-Party Data Sharing.

Lockbox 57

Lockbox FinTech Treasury Management Payment APIs and Integration 57

PYMNTS

JANUARY 13, 2021

Companies may push back on the cost of new tech deployments but eventually can begin to ramp up the transition (conversion, really) to electronic payment methods from lockboxes and checks. “The process overall is typically overlooked as a necessary evil, and it's not usually viewed as an opportunity,” Shields explained.

Process 94

Process AI Accounts Lockbox 94

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.

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Credit Union Treasury Reconciliation Credit Union Service Organization 52

PYMNTS

MARCH 1, 2018

Trumbull believes early companies used to store keys in lockboxes. As a result, the company developed a technology that combines a lockbox with a GPS tracker and an online booking platform. In a way, the technology is back to the future: Car shares started off with lockboxes, after all. The Technology.

Lockbox 40

Lockbox Technology Returns Economy 40

PYMNTS

JULY 22, 2019

A business may be warned about the risk of fraud connected to paying with checks and believe “It won’t happen to me,” when in many cases, it already has — or it soon will be.

B2B 57

B2B Reconciliation Checks Lockbox 57