Citizens Bank Taps Transactis for Electronic Billing Solutions
October 12 2017 - 9:12AM
Business Wire
Payments leader will power Citizens’ new
electronic billing and payment offering
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 payments online.
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
ideas combined 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 at
www.citizensbank.com or visit us on Twitter, LinkedIn or
Facebook.
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version on businesswire.com: http://www.businesswire.com/news/home/20171012005753/en/
Citizens Financial Group, Inc.Frank Quaratiello,
617-725-5851frank.quaratiello@citizensbank.com
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