DadeSystems, a provider of next generation payment processing solutions, today announced that Customers Bank has selected its DadePay AR Automation solution to expand and enhance its payment processing strategy.
Headquartered in Wyomissing, PA, Customers Bank is $7.1 billion, full-service community bank serving small- and medium-sized businesses, professionals, individuals and families throughout Pennsylvania, New York, Rhode Island, Massachusetts and New Jersey.
Customers Bank will replace two legacy RDC systems with DadeSystems’ next generation DadePay solution. DadePay is a single application built on the latest technology that can efficiently process C2B and B2B payments. The application is a true, multi-payment platform supporting all payments forms and can be accessed from any popular browser and both the Apple iOS and Android mobile platforms. The application goes beyond today’s RDC platforms by providing sophisticated AR Automation capabilities including full support for the most complex B2B payments.
“We were very impressed with the advanced capabilities of DadePay,” said Robert J. Diegel, Deputy Chief Administrative Officer. “This solution will provide immediate efficiencies to our current RDC service as well as providing a new platform on which we can quickly deliver innovative new Virtual Lockbox and AR Automation services to our business customers. No other vendor offered a single application that covered such a wide spectrum of functionality, running on today’s latest technology.”
“Customers Bank is well known in the industry for its 'high tech, high touch' business philosophy to enhance the customer experience,” said DadeSystems President and CEO Bill Zayas. “We are pleased that they immediately saw the architectural advantages of our DadePay AR Automation system over both of their existing systems and made the decision to replace them with our integrated offering. We look forward to working with Customers Bank to incorporate DadePay into their innovative customer service strategy.”