The banking industry uses a variety of technologies and methods for transacting money exchanges. Lockbox payments exist as an alternative method used by banks for managing customer invoice and payment ...

Even after the Check Clearing for the 21st Century Act takes effect in October, the vast majority of lockbox payments will continue to start with a paper check and remittance information. Lockbox ...

Cash flow is an essential part of small businesses, but it'd be a lie to say that depositing checks isn't a hassle. Mobile banking only goes so far, and for bootstrapped companies, time is short. When ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Khadija Khartit is a strategy, investment, and funding expert, and an educator of fintech ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. To a business owner, cash flow is essential. But making ...

First Data’s REMITCO retail lockbox payment services division is adopting an enterprise-wide remittance platform, through a partnership with Wausau Financial Services to standardize its processing ...

SCOTTS VALLEY, Calif.--(BUSINESS WIRE)--Paystand – the leader in blockchain enabled B2B payments – today announced the launch of Smart Lockbox, the digital-first alternative to traditional lockbox ...

U.S. Bank Treasury Management is now offering three new services designed to accelerate the processing and deposit of retail lockbox exception payments, such as payments received without a remittance ...

SHOREVIEW, Minn.--(BUSINESS WIRE)--Deluxe (NYSE: DLX), a Trusted Business Technology™ company, today announced it has added the Remittance Solutions assets of Fiserv – which include lockbox processing ...

Constant cash flow is the most significant aspect of every business. But depositing cheques is always a complicated task for small businesses. It can be painful for the businesses to go to the bank to ...