Treasury management

Simpler Payments. On the Go. Regions Bank Launches Business Travel Solution for Corporate Banking Clients

Retrieved on: 
Monday, December 5, 2022

Regions Bank on Monday announced the launch of a virtual commercial card solution to facilitate quick, easy and on-the-go business travel payments for the banks Treasury Management clients.

Key Points: 
  • Regions Bank on Monday announced the launch of a virtual commercial card solution to facilitate quick, easy and on-the-go business travel payments for the banks Treasury Management clients.
  • View the full release here: https://www.businesswire.com/news/home/20221205005041/en/
    Regions Bank is launching a virtual commercial card solution to facilitate quick, easy and on-the-go business travel payments for the banks Treasury Management clients.
  • Specifically, this solution enables businesses using a travel management vendor to centrally manage reservations such as air travel, hotel, rail and car rental.
  • Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,300 banking offices and more than 2,000 ATMs.

Compliance Systems Introduces New Treasury Management Solution

Retrieved on: 
Monday, November 14, 2022

Compliance Systems, the financial industrys leading provider of digital and dynamic compliance documentation, announced today the release of the industrys first document solution for treasury management services, Simplicity Treasury Management.

Key Points: 
  • Compliance Systems, the financial industrys leading provider of digital and dynamic compliance documentation, announced today the release of the industrys first document solution for treasury management services, Simplicity Treasury Management.
  • Compliance Systems Simplicity Treasury Management addresses these challenges by removing third-party legal dependencies and automating compliance updates through cloud technology.
  • Chris Appie, President of Compliance Systems, says, We really relied on our clients to tell us what they needed in a treasury management solution.
  • Simplicity Treasury Management is built on the same framework Compliance Systems created for its Simplicity Mobile product line, the industrys first mobile-enabled compliance solution for online deposit account opening.

Cambridge Savings Bank Supports the Expansion of Tropical Products with a New Market Tax Credit and Loans Totaling $16 Million

Retrieved on: 
Thursday, November 10, 2022

Following the pandemic, Tropical Products experienced an increase in demand for local manufacturing services due to rising freight costs and associated supply chain disruption.

Key Points: 
  • Following the pandemic, Tropical Products experienced an increase in demand for local manufacturing services due to rising freight costs and associated supply chain disruption.
  • We are extremely appreciative of the investment that Cambridge Savings Bank is making in our business and in the City of Salem, said Edward Berman , Owner of Tropical Products.
  • Thanks to CSBs investment, we will be able to grow Tropical Products, Inc. exponentially and create more jobs in our home of Salem.
  • With the support of CSB, providing $16MM of loans; Tropical Products qualified for a New Market Tax Credit (NMTC) that provided over $5 million in equity for the project.

Cambridge Savings Bank Provides Artist & Craftsman Supply with a $4 Million Revolving Line of Credit to Pursue Strategic Growth Initiatives

Retrieved on: 
Tuesday, November 1, 2022

Employee-owned since 2016, A&C was continuing to expand its national footprint while seeking a strategic relationship with a financial institution capable of supporting current and future growth initiatives.

Key Points: 
  • Employee-owned since 2016, A&C was continuing to expand its national footprint while seeking a strategic relationship with a financial institution capable of supporting current and future growth initiatives.
  • The revolving line of credit provided by CSB will allow the company to invest in new technology, implement different marketing strategies, and grow sales above pre-pandemic levels.
  • From the beginning, it was apparent to me that our partners at CSB would help us to achieve our greatest potential.
  • Artist & Craftsman Supply, an employee-owned company, has been providing artists with excellent materials at competitive prices since first opening in Yarmouth, Maine in 1985.

Sending Payments in Real Time: Regions Bank Launches Digital Solution for Business Clients

Retrieved on: 
Tuesday, October 11, 2022

(Photo: Business Wire)

Key Points: 
  • (Photo: Business Wire)
    This latest enhancement is part of our commitment to providing a seamless and intuitive customer experience, said Bryan Ford, head of Treasury Management for Regions Bank.
  • Now, with the added ability to send payments in real time through Regions iTreasury, clients can instantly process digital payments for any number of needs, ranging from payroll and insurance, to facilitating business-to-business payments, delivering broker commissions, and providing other disbursements.
  • Clients access Regions iTreasury in their office or on the go through Regions OnePass, the banks secure, central sign-on application.
  • Further enhancements on the horizon for Regions Treasury Management clients include the upcoming launch of Regions CashFlowIQSM.

SS&C Introduces New Innovative Solutions at SS&C Deliver 2022

Retrieved on: 
Tuesday, October 4, 2022

WINDSOR, Conn., Oct. 4, 2022 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), today announced new solutions at its SS&C Deliver Conference to help clients better align their tax, data and infrastructure services and quickly adapt to every phase of growth. The conference highlights new capabilities across its fund administration technology platform, an enhanced managed services offering, and new tax and treasury management solutions. The updates include the recently announced [link] embedded BPM capabilities within the SS&C Blue Prism solution.

Key Points: 
  • WINDSOR, Conn., Oct. 4, 2022 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), today announced new solutions at its SS&C Deliver Conference to help clients better align their tax, data and infrastructure services and quickly adapt to every phase of growth.
  • The conference highlights new capabilities across its fund administration technology platform, an enhanced managed services offering, and new tax and treasury management solutions.
  • We are committed to delivering the tools, expertise and tangible solutions to our clients so they can focus on growing their business."
  • Kevin O'Leary, renowned Investor on ABC's Shark Tank and Founder and Chairman, O'Shares Investment Index Strategies, delivered the keynote at SS&C Deliver 2022.

Cambridge Savings Bank Provides Strategic Capital Empowering Metro Walls to Become Employee-Owned

Retrieved on: 
Thursday, September 29, 2022

When Metro Walls was seeking a financial institution to facilitate the succession planning process, CSB came highly recommended from a third-party consultant.

Key Points: 
  • When Metro Walls was seeking a financial institution to facilitate the succession planning process, CSB came highly recommended from a third-party consultant.
  • Thanks to our partners at CSB, I am confident about the future success of Metro Walls and the satisfaction of our respected employees.
  • Cambridge Savings Bank is a full-service banking institution with nearly $6 billion in assets.
  • Metro Walls employs over 250 skilled craftsmen who are among the best in the industry and who take pride in their work.

Danny Peltz Joins Identifee as Strategic Advisor

Retrieved on: 
Tuesday, September 13, 2022

LOS ANGELES, Sept. 13, 2022 (GLOBE NEWSWIRE) -- Identifee, the connected platform for financial services, today has announced that Danny Peltz, former Wells Fargo executive, has joined as Strategic Advisor.

Key Points: 
  • LOS ANGELES, Sept. 13, 2022 (GLOBE NEWSWIRE) -- Identifee, the connected platform for financial services, today has announced that Danny Peltz, former Wells Fargo executive, has joined as Strategic Advisor.
  • "The team at Identifee has built a great solution to helpsmall to mid-sized financial institutions grow," says Danny Peltz.
  • Peltz joins the Identifee Advisory Board, consisting of banking and technology leaders, focused on delivering the best-in-class solution.
  • We are honored to have him join our Identifee family," says Joe Proto, Identifee Strategic Advisory.

Colony Bankcorp Announces Organizational Changes

Retrieved on: 
Tuesday, September 13, 2022

Colony Bankcorp, Inc. (Nasdaq: CBAN) (Colony or the Company), the bank holding company for Colony Bank (the Bank), today announced senior management organizational changes designed to position the Company for long-term success on its mission to build a sustainable, high-performing independent bank.

Key Points: 
  • Colony Bankcorp, Inc. (Nasdaq: CBAN) (Colony or the Company), the bank holding company for Colony Bank (the Bank), today announced senior management organizational changes designed to position the Company for long-term success on its mission to build a sustainable, high-performing independent bank.
  • Commenting on the announcement, T. Heath Fountain, Chief Executive Officer, said, We are grateful for Eddies leadership and commitment to Colony.
  • As Colony continues to grow, our organizational structure has to evolve as well.
  • Colony Bankcorp, Inc. is the bank holding company for Colony Bank.

CommercePayments® Partners with FISPAN to Offer Commerce Connections® Direct

Retrieved on: 
Thursday, September 1, 2022

Commerce Bank is pleased to announce the launch of Commerce Connections Direct, developed in collaboration with FISPAN , a leading North American fintech, to offer embedded banking within customers Enterprise Resource Planning (ERP) systems to automate processes, payments and financial information.

Key Points: 
  • Commerce Bank is pleased to announce the launch of Commerce Connections Direct, developed in collaboration with FISPAN , a leading North American fintech, to offer embedded banking within customers Enterprise Resource Planning (ERP) systems to automate processes, payments and financial information.
  • Commerce Connections Direct provides an enhanced banking and treasury experience with a limited technology burden.
  • Were thrilled to be working with CommercePayments on this integration, said Clayton Weir, FISPAN CEO.
  • Visit commercebank.com/payments for more information about CommercePayments and Commerce Connections Direct.