by Michael Tempesta | Oct 8, 2018 | Blog Post
This month’s article is a continuation of the lockbox payment lifecycle. When we last left our lockbox payment, it had been delivered to the lockbox processing facility, removed from its envelope, and batched with other payments in preparation for high speed...
by Michael Tempesta | Sep 4, 2018 | Blog Post
Continuing with articles that help with understanding how lockbox works, the following is an article on the lockbox payment lifecycle that describes how a payment is processed from beginning to end. As consumers, I’m sure you’re quite accustomed to the concept of...
by Michael Tempesta | Aug 6, 2018 | Blog Post
For those of you who read my articles, you’ll note that I spend a lot of type talking about lockboxes in general, without regard for the various lockbox types most often encountered. And so for this article, I wanted to speak about the differences between a wholesale...
by Michael Tempesta | Nov 7, 2017 | Blog Post
If you’re a bank that doesn’t offer lockbox service, or a bank that maintains a bare-minimum in-house courtesy, you might be missing out on leveraging a lockbox service provider to its fullest potential. Below are just a few of the reasons why you might want to take...
