Encore Bank Partners with ZSuite Technologies to Leverage Innovative Technology Solutions
WESTWOOD, Mass.–(BUSINESS WIRE)–ZSuite Technologies, a fintech company that provides financial institutions with digital escrow products for specific vertical markets, has partnered with Encore Bank to offer its customers ZEscrow and ZRent.
Arkansas-based Encore Bank is a commercially-minded private bank that combines experienced bankers with innovative technology to deliver personalized service and experiences to its customers. The bank chose ZSuite as a partner to grow its business and better serve a wider customer base. Additionally, Encore will be able to offer existing customers a new, intuitive digital platform that eliminates manual paperwork and streamlines these processes while meeting applicable compliance requirements, saving Encore customers time and the money.
“At Encore, we’re always looking for new ways to leverage innovative technologies to meet and exceed our customers’ needs,” said Nikki Pfleger, Executive Vice President of Business Banking Solutions at Encore. “Conventional escrow and sub-accounting processes are complex, manual, time-consuming and pose compliance risk. We are excited to partner with ZSuite to bring our customers robust and innovative products that fit perfectly with our business model.
An advocate for the technological and financial growth of banks and credit unions, ZSuite offers SaaS solutions as a unique value-added service. Its suite of product offerings, ZRent and ZEscrow, enable financial institutions to increase basic deposits at low cost, improve customer experience and reach customers beyond their branch through online channels. line. Serving underserved and unknown niche markets within its already present customer base, these all-digital solutions are exclusively available to banks and credit unions with the ability for individualized customization.
“By offering ZEscrow and ZRent, Encore Bank can differentiate itself from other financial institutions as demand for digital solutions continues to increase in the new year due to the continued evolution of consumer demands amid the pandemic” , said Nathan Baumeister, CEO of ZSuite. “We are excited to play a role in Encore’s business development efforts as it continues to be one of the fastest growing banks in the country.”
About ZSuite Technologies
ZSuite Technologies is a financial technology company that aims to provide financial institutions with digital escrow products for specific business verticals that they can offer to their customers. ZSuite’s products, ZRent and ZEscrow, streamline the collection of recurring payments and automate management and compliance around multi-purpose escrow sub-account processes.
To learn more about ZSuite Technologies and how it can help your financial institution, please visit: https://www.zsuitetech.com.