Firms Go to Works On Business Payments

Kite, Shane
February 2005
Bank Technology News;Feb2005, Vol. 18 Issue 2, p1
Trade Publication
Reports on the collaboration between SunTrust Banks Inc., Commerce Bank, Intrust Bank NA with Works Inc. in Austin, Texas. Purpose of the deal to increase the financial companies' commercial card business by automating payment and expense accounts for local corporate customers; Aim of the bank to seek greater percentage of merchant fee revenue and penetration of the overall commercial card business; Aid of Works in automating the payment software of the banks that can provide corporate purchasing and expense departments.


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