Reading Cooperative Bank leverages automated escrow option

Reading Cooperative Bank (RCB) is partnering with fintech ZSuite Technologies to introduce ZEscrow, an automatic industrial escrow option, and ZRent, an automatic payment collection tool. Escrow, trust and “for the benefit of” (FBO) accounts have actually long been discomfort points for banks, needing manual account opening and management procedures, ZSuite Technologies Chief Executive Nathan Baumeister informed […]


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