CIT Group announced its Treasury and Payments Services business is collaborating with B2B fintech innovator Fintainium to provide an integrated payments and financial workflow management solution to meet the needs of small and midsize businesses.
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CIT and Fintainium will waive the first three months of subscription fees for this new solution and also waive all integration fees for businesses that enroll before June 30 in support of the current challenges for many small and midsized businesses.
Leveraging CIT’s advanced payments capabilities and Fintainium’s cloud-based platform, the collaborative solution improves financial workflow, increases management visibility and reporting, and provides outstanding payment execution, enhancing cash-flow support for small and midsize businesses.
“Successfully handling payments workflows is one of the biggest challenges that businesses face in this period of economic uncertainty,” said Bob McElyea, managing director, Treasury and Payment Services for CIT. “Our collaboration with Fintainium is the right answer at the right time for small and midsize businesses, and we are pleased to offer a digital tool to help them manage their business from any location.”
