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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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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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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 Lockbox services may seem outdated in today’s ecosystem of electronic payments and cloud-based financial management platforms.

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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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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.

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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.

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Wells Fargo Rated ‘Fastest Lockbox Network’

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That’s where Wells Fargo says its lockbox network comes into the mix. Not only can we process payments faster, but mail that is sent to lockboxes arrives more quickly because of their special ZIP codes,” said Keith Theisen, executive VP and director of product management at Wells Fargo’s Treasury Management Group. “Not

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