07/15/2024
Citizens Cash Flow Essentials™ Recognized as “Top Innovation in Payments by a Bank” at 2024 PayTech Awards
PROVIDENCE, R.I. – Citizens Cash Flow Essentials™, a complete online and mobile banking platform and payment suite designed specifically for small businesses, has been awarded “Top Innovation in Payments by a Bank” at the 2024 PayTech Awards.
Hosted by FinTech Futures, the annual PayTech Awards celebrate excellence and innovation in the payments sector worldwide. The award for “Top Innovation in Payments by a Bank” recognizes an institution that has demonstrated genuine innovation in the payments area and is awarded to a product, solution or service that will define the future of banking and finance.
“This award recognizes Citizens’ commitment to developing innovative tools that empower small business owners to confidently manage their cash flow, optimize their payments and achieve better business outcomes,” said Mark Valentino, head of Business Banking, Citizens. “In partnership with Taira Hall and Citizens’ Enterprise Payments team, we are continuously developing new digital tools and payment solutions to meet the evolving needs of customers.”
The award highlights the rollout of Citizens Cash Flow Essentials™. Launched in 2023, the online and mobile cash management platform provides access to real-time information, seamless payment functionality and practical tools to help small business owners confidently meet their daily cash flow requirements and make well-informed business decisions.
The bank recently expanded the platform with the launch of Citizens Cash Flow Forecasting in May 2024. The forecasting solution offers tips and insights as well as competitive benchmarking that enables business owners to compare their company to similar businesses based on geography, revenue and employee count.
For more information about Citizens’ cash management solutions for small businesses, please click here.
About Citizens Financial Group, Inc.
Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $220.4 billion in assets as of March 31, 2024. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Citizens helps its customers reach their potential by listening to them and by understanding their needs in order to offer tailored advice, ideas and solutions. In Consumer Banking, Citizens provides an integrated experience that includes mobile and online banking, a full-service customer contact center and the convenience of approximately 3,300 ATMs and more than 1,000 branches in 14 states and the District of Columbia. Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings. In Commercial Banking, Citizens offers a broad complement of financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, interest rate and commodity risk management solutions, as well as loan syndication, corporate finance, merger and acquisition, and debt and equity capital markets capabilities. More information is available at www.citizensbank.com or visit us on X, LinkedIn or Facebook.
