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Reading Cooperative Bank leverages automated escrow solution

By Whitney McDonald as featured on Bank Automation News ZSuite Technologies reduced tenant security deposits steps to nine from 32 Reading Cooperative Bank (RCB) is partnering with fintech ZSuite Technologies to launch ZEscrow, an automated commercial escrow solution, and ZRent, an automated payment collection tool. Escrow, trust and “for the benefit of” (FBO) accounts have …

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Reading Cooperative Bank Partners with ZSuite Technologies to Enhance Small Business Banking Services, Expand Commercial Banking Market Reach

Bank automates subaccounting processes for large commercial investment portfolio, streamlines workflow with digital escrow platform WESTWOOD, Mass., Aug. 23, 2022 –– ZSuite Technologies (ZSuite Tech), a financial technology company that powers financial institutions with unbound digital accounts encompassing escrow, subaccounting, sub-ledgering, FBO and trust accounts for commercial customers, today announced it has partnered with Reading Cooperative Bank …

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ZSuite Tech’s ZEscrow Development Group Selected as a Finovate Finalist

Buildout of commercial escrow solution chosen for Best Fintech Partnership category The ZEscrow Development Group has been named as a finalist for Finovate Awards 2022 in the Best Fintech Partnership category. Built with Leader Bank,  Bank of New Hampshire, Haven Savings Bank, Kearny Bank, Patriot Bank and ZSuite Technologies (ZSuite Tech), a financial technology company …

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ZSuite Tech Secures $11 Million in Series A Round, Led by S3 Ventures

WESTWOOD, Mass., Aug. 4, 2022 – ZSuite Technologies (ZSuite Tech), a financial technology company that powers financial institutions with unbound digital accounts encompassing escrow, subaccounting, sub-ledgering, FBO and trust accounts for commercial customers, today announced the completion of an $11 million Series A funding round. The financing is led by S3 Ventures with additional participation from multiple …

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Capital Bank Launches ZRent in Partnership with ZSuite Technologies

ROCKVILLE, Md., June 21, 2022 (GLOBE NEWSWIRE) — Capital Bank, N.A., announced today the addition of ZRent to its already robust portfolio of tech forward solutions in partnership with ZSuite Technologies, Inc. ZRent is a digital platform created by ZSuite Technologies, a leading provider of fintech commercial solutions. A responsive web app that automates the …

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ZEscrow Development Group given Highly Commended mention for Best FinTech Partnership

The ZEscrow Development Group, consisting of ZSuite, Leader Bank, Haven Savings Bank, Bank of New Hampshire, Kearny Bank, and Patriot Bank, has received a highly commended mention in the Best FinTech Partnership category of the 2022 Banking Tech Awards USA program. The five banks worked closely with ZSuite to solve to problem of the heavy …

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ZEscrow Development Group Named as a Finalist for Banking Tech Awards USA

ZSuite Technologies’ work with five community financial institutions shortlisted for Best FinTech Partnership The ZEscrow Development Group, consisting of Haven Savings Bank, Bank of New Hampshire, Kearny Bank, Leader Bank and Patriot Bank, has been selected as a finalist in the Best FinTech Partnership category of the 2022 Banking Tech Awards USA program. These banks …

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The Next Wave of Digital Transformation

By Nathan Baumeister, as featured on BankDirector.com There is no question that digital transformation has been a long-term trend in banking. However, innovation is not instantaneous. When faced with the obstacles the recent pandemic presented, bankers initially accelerated innovation and digital transformation on the consumer side, thanks to a broad scope of impact and the …

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The Village Bank Partners with ZSuite Technologies to Digitize Rent and Security Deposit Collection

WESTWOOD, Mass., April 6, 2022 – The Village Bank has selected ZSuite Technologies, a financial technology company that powers financial institutions with digital escrow products for specific commercial verticals, to offer its customers ZRent and ZDeposit. The Village Bank, a community bank headquartered in Newton, Massachusetts, partnered with ZSuite Technologies to help its customers manage properties more …

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ZSuite Technologies Completes SOC 2® Type 1 Examination

WESTWOOD, Mass.–(BUSINESS WIRE)–ZSuite Technologies, a financial technology company that powers financial institutions with digital escrow products for specific commercial verticals, has completed its SOC 2® Type 1 examination. Achieving SOC 2 compliance indicates that ZSuite Technologies’ controls and processes meet the common Trust Services Criteria. This accomplishment furthers the company’s commitment to making digital commercial escrow …

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