Technology

Encore Financial institution Companions with ZSuite Applied sciences to Leverage Revolutionary Know-how Options

WESTWOOD, Mass.–(BUSINESS WIRE)–ZSuite Applied sciences, a monetary expertise firm that powers monetary establishments with digital escrow merchandise for particular business verticals, has partnered with Encore Financial institution to supply its clients ZEscrow and ZRent.

Arkansas-based Encore Financial institution is a non-public, boutique financial institution with a business focus that {couples} skilled bankers with revolutionary expertise to supply customized service and experiences to its purchasers. The financial institution chosen ZSuite as a accomplice to develop its enterprise and higher serve a bigger buyer base. Moreover, Encore will have the ability to provide its current purchasers a brand new intuitive, digital platform that eliminates guide paperwork and streamlines these processes whereas additionally adhering to relevant compliance necessities, saving Encore purchasers each money and time.

“At Encore, we’re at all times looking for new methods to leverage revolutionary expertise to satisfy and exceed the wants of our purchasers,” stated Nikki Pfleger, Encore’s EVP Director of Enterprise Banking Options. “Typical escrow and subaccounting processes are complicated, guide, time-consuming and a compliance threat. We’re thrilled to accomplice with ZSuite to supply our clients sturdy, revolutionary merchandise which might be an ideal match for our enterprise mannequin.”

An advocate for the technological and monetary development of banks and credit score unions, ZSuite affords SaaS options as a novel, value-add service. Its suite of product choices, ZRent and ZEscrow, permits monetary establishments to extend low-cost, core deposits, enhance the client expertise and attain purchasers past their department footprint by on-line channels. Serving the underserved and unknown area of interest markets inside its already current buyer base, these all-digital options are completely out there to banks and credit score unions with the aptitude of individualized customization.

“By providing ZEscrow and ZRent, Encore Financial institution can differentiate itself from different monetary establishments because the demand for digital options continues to extend within the new 12 months resulting from continued modifications in shopper calls for amid the pandemic,” stated Nathan Baumeister, CEO of ZSuite. “We’re excited to play a job in Encore’s enterprise growth efforts because it continues to be one of many quickest rising banks within the nation.”

About ZSuite Applied sciences

ZSuite Applied sciences is a monetary expertise firm that goals to energy monetary establishments with digital escrow merchandise for particular business verticals that they’ll provide to their purchasers. ZSuite’s merchandise, ZRent and ZEscrow, streamline assortment of recurring funds and automate the administration and compliance round multi-use escrow subaccounting processes.

To be taught extra about ZSuite Applied sciences and the way it may help your monetary establishment, please go to: https://www.zsuitetech.com.

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