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June 28, 2022
Finance Technologies

Sterling National Bank picks Cashfac for back office tech

Sterling National Bank has selected back-office cash management software from Cashfac, deploying its Virtual Bank Technology (VBT) platform. Cashfac is deploying VBT in the cloud for Sterling National Bank VBT is deployed via the cloud and will allows Sterling to “provide scalable solutions” and “enhance client experience.” The platform will provide a self-service receivables management process, linking clients’ master accounts to many sub-accounts. Cashfac claims the system can remove “arduous manual” processes and enable more tailored solutions to specific market segments. Sterling National Bank has more than 70 branches across New York state. The bank has $22.4 billion in deposits,…
Sterling National Bank picks Cashfac for back office tech

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