SunTrust Introduces Payroll Card for Corporate Clients

Friday 25 June 2004 00:44 CET | News

SunTrust Banks has expanded its Treasury Management services with the introduction of a payroll card solution that offers distinct advantages over traditional stored-value cards.

The addition represents the latest in a series of product introductions and enhancements over the past 12 months designed to strengthen SunTrusts competitive position in the high-growth Treasury Management services market. SunTrust said its primary focus for the new service will be the Companys extensive base of corporate clients in its Mid Atlantic and Southeast footprint as well as in other national markets. SunTrust is offering the Skylight Account through a partnership agreement with Atlanta-based Skylight Financial, a leading provider of account-based financial services for individuals without a traditional banking relationship.

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Categories: Payments & Commerce | Payments General
Countries: World
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