ZSuite Technologies Experiences Significant Growth, Entering 2021 with Momentum
Summary
BURLINGTON, Mass.--(BUSINESS WIRE)--ZSuite Technologies, a financial technology company offering digital tools that helps businesses and individuals automate collection of recurring payments and manage escrow deposits, to increase low-cost, core deposits and leverage digital channels, experienced an impressive year in 2020 in terms of growth and product enhancements. Additions to its roster in 2020 have expanded ZSuite’s reach to more than nine states across the U.S. including Illinois, New Hampshire, California, New York, Missouri, Montana, New Jersey, Connecticut and Massachusetts. “With the obstacles put in place by the onset of the COVID-19 pandemic, we are excited to continue to offer our clients digital solutions that assist them in providing optimal value for their account holders. With a dedication to an effective implementation process and tier one support through multiple channels, our ZSuite team is ready to support the success of our partner financial institutions in the coming year.” At the beginning of the year, ZDeposit, ZSuite’s online account opening platform, launched multi-tenancy capabilities, allowing users to manage security deposit collection and compliance regulations for multiple tenants. ZSuites products, ZRent, ZDeposit and ZEscrow, streamline collection of recurring payments and automate the management and compliance around multi-use escrow subaccounting processes.