Citizens Bank has selected payments technology company Transactis to
expand its Treasury Solutions offering with electronic billing and
payment solutions. This new capability will enable Citizens' commercial
clients to distribute bills to their customers electronically and accept
As the need for more efficient payments solutions has expanded, Citizens
has worked to further enhance its treasury offerings. Incorporating the
cloud-based Transactis platform will enable Citizens' thousands of
commercial clients, which range from small businesses to Fortune 500
companies, to rapidly and securely send electronic bills and documents,
and accept payments via web sites, phones and mobile devices.
"Citizens is committed to providing our clients with leading treasury
management solutions. This technology will allow us to offer our
customers advanced, high-quality billing and payment services to help
them run their businesses more efficiently," said Michael Cummins, head
of Treasury Solutions at Citizens Bank.
Citizens' clients will be able to configure the platform so they have
control over how they are paid, helping to automate their receivables
and streamline operations.
"Both consumers and businesses increasingly prefer viewing and paying
their bills through digital channels," said Transactis CEO Joe Proto.
"We look forward to working with Citizens to make sure their commercial
clients have the best electronic billing and payment services available."
Citizens is a trusted strategic and financial advisor, consistently
delivering clear and objective advice. The Citizens Commercial Banking
approach puts clients first by offering great ideascombined with
thorough market knowledge and excellent execution to help our clients
enhance their business and reach their potential.
For more information, please go to the Citizens
Commercial Banking website.
About Citizens Financial Group, Inc.
Citizens Financial Group, Inc. is one of the nation's oldest and largest
financial institutions, with $151.4 billion in assets as of June 30,
2017. Headquartered in Providence, Rhode Island, Citizens offers a broad
range of retail and commercial banking products and services to
individuals, small businesses, middle-market companies, large
corporations and institutions. Citizens helps its customers reach their
potential by listening to them and by understanding their needs in order
to offer tailored advice, ideas and solutions. In Consumer Banking,
Citizens provides an integrated experience that includes mobile and
online banking, a 24/7 customer contact center and the convenience of
approximately 3,200 ATMs and approximately 1,200 branches in 11 states
in the New England, Mid-Atlantic and Midwest regions. Consumer Banking
products and services include a full range of banking, lending, savings,
wealth management and small business offerings. In Commercial Banking,
Citizens offers corporate, institutional and not-for-profit clients a
full range of wholesale banking products and services, including lending
and deposits, capital markets, treasury services, foreign exchange and
interest rate products and asset finance. More information is available
or visit us on Twitter,
View source version on businesswire.com: http://www.businesswire.com/news/home/20171012005753/en/
[ Back To CustomerZone360's Homepage ]