WAUSAU Outsourcing options address critical challenges for both banks and corporations.
It's a critical time. Under pressure to cut costs and grow deposits, many banks can no longer afford to maintain large remittance operations or invest in penetrating new markets. Additionally, insurance companies, utilities and other corporations are under pressure to lower operating costs, increase daily investible cash, reduce payment float time and save time and money. Consequently, they provide tremendous deposit growth opportunities for financial institutions that offer remittance services.