AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
CHARLOTTE, N.C., April 19, 2018 -- Unity FI Solutions, a leading provider of payment and software processing solutions, announced today its new partnership with Raleigh, North Carolina-headquartered First Citizens Bank through the innovative Smart Returns product.
This strategic partnership was formed when the two industry leaders saw a need to provide a cutting-edge software solution designed to meet the complex bank return needs of First Citizens’ business and commercial customers.
What makes the Smart Returns product so unique? The proprietary software platform showcases a unique Re-presented Check (RCK) solution. Smart Return works by electronically re-presenting returned checks up to two times for collection and lets the client choose the re-presentment schedule. In addition, Smart Returns can help reduce staff-hours spent attempting to collect on return items while significantly reducing collection costs and recovery periods. This can lead to as much as a 90 percent collection rate.
“Businesses that don’t use an RCK solution often spend much longer or never get the money owed to them,” said Stephen Contino, Principal and Co-founder of Unity FI Solutions. “The Smart Returns product takes away the need for First Citizens’ enrolled business customers to manage and collect bank return items. This reduces staffing, reporting, capital investments and frees up valuable resourcing for these businesses.”
For First Citizens, the Smart Returns product creates invaluable operational efficiencies for enrolled business and commercial clients. “These customers rely on Smart Returns to track and collect their return items and help reconcile their receivables, whether they are small businesses or high-volume retail enterprises,” said Caren Helms, Treasury Services product analyst with First Citizens Bank.
About Unity FI Solutions:
Unity FI Solutions is a Charlotte, North Carolina-based technology firm that delivers customized, secure and cost-effective electronic payment and collections solutions to clients in a wide range of industries. For more than a decade, Unity FI Solutions has brought innovative payment solutions to its clients with the goal of helping them improve their bottom lines and increase operational efficiencies.
Contact:
Stephen Contino – Principal and Co-Founder
(704) 329-0125 | [email protected]
