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Banks eye savings as businesses automate payments

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Share  More businesses are turning to automated payments, a shift that is streamlining banks’ manual workflows to process their commercial clients’ accounts payable (AP), according to a recent report by MineralTree.  MineralTree automates AP for middle-market businesses and financial institutions, working with banks such as Truist Bank, Union Bank, CNB Bank and Umpqua, among others. Founded in 2010, MineralTree processes about $8 …Read More

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Source: https://bankinnovation.net/allposts/biz-lines/payments/banks-eye-savings-as-businesses-automate-payments/

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