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.

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Lockbox Risk Treasury Checks 75

PYMNTS

OCTOBER 31, 2019

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 Lockbox services may seem outdated in today’s ecosystem of electronic payments and cloud-based financial management platforms.

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Lockbox Remittance Data Checks RTP 43

PYMNTS

OCTOBER 22, 2020

In this week's look at bank-FinTech collaboration, new partnerships aim to address some of the longest-standing points of friction in business finance, including late payments to small suppliers and the headache of manually managing check payment data. PYMNTS rounds up the latest tie-ups below.

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Lockbox Small Business Checks Addressing 79

PYMNTS

APRIL 16, 2020

The shift to electronic supplier payments is just one example of the demands finance teams are facing to endure difficult times. With personnel working from home, this company could no longer cut and send checks to pay suppliers because AP staff couldn’t access the checks stuck in a lockbox in the office.

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Finance Automation Lockbox Checks 75

PYMNTS

JANUARY 22, 2021

As Franco recently told PYMNTS, work-from-home mandates have ignited a mindset shift in how work can and should get done in the finance organization, with plenty of potential to drive efficiency in a post-pandemic environment. That's not something you typically think about from a finance organization," he said.

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Lockbox B2B Checks Volume 74

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.

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Lockbox FinTech Treasury Management Payment APIs and Integration 57

PYMNTS

JANUARY 30, 2020

Working closely with Mastercard is a testament to our vision to enrich all transactions for the future of banking and finance,” he said. In a statement, Jørgen Christian Juul, founder and CEO of Cardlay, highlighted the importance of industry collaboration in enhancing corporate financial services. Bankin’ Steps Into Payments APIs.

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Use Case Payment APIs and Integration FinTech Payroll 64