Feb 27, 2018   SOURCE: PR NewsWire

U.S. Dataworks, Inc. Advances Integrated Receivables

SUGAR LAND, Texas, Feb. 27, 2018 /PRNewswire/ -- Today, U.S. Dataworks announced that over 85 financial institutions, with assets ranging between $500 million and $20 billion, have migrated to its Clearingworks(®) - Integrated Receivables 2.0 platform. This new technology expands the relationships between banks and their business customers, by simplifying the complexity of receivables processing.

"Clearingworks has been an integral part of our correspondent banking solution for 8 years," said Mark Keeling, EVP and COO of The Bankers Bank. "We are extremely excited to have U.S. Dataworks as part of our holding company. Many of our respondent banks have requested an integrated receivables solution for their business customers, and we look forward to introducing our banks to U.S. Dataworks' innovative service suite in the near future."

Banks that are serious about offering a complete cash/treasury management service must have a robust integrated receivables solution for their business customers. U.S. Dataworks has developed the most complete, intelligent integrated receivables solution available. Key differentiators of Clearingworks include:

    --  Secure cloud-based deployment for ease of implementation and audit
        controls;
    --  Intelligent Learning(TM) consistently improves straight through
        processing (completed payments with no manual intervention),
        significantly reducing manual effort;
    --  Simplified adoption of new payment methods, including real-time
        payments.

With fintech's aggressive advance into traditional banking business, there is an urgency for banks to make their treasury service offerings more complete. U.S. Dataworks is ready to assist financial institutions in deploying a mission-critical service that today's business customers see as a "must have." To learn more about making this key financial technology available to your bank's business customers, call Kathy Harkey at 770-331-3086, or visit www.usdataworks.com.

About U.S. Dataworks

U.S. Dataworks provides integrated software solutions that empower banks of any size to offer sophisticated treasury management services to their business customers. The flagship software, Clearingworks, takes treasury management solutions to a new level, by combining Intelligent Learning(TM) evolving technology with proven integrated receivables technology to meet the changing demands of financial institutions and the businesses they serve.

U.S. Dataworks is the newest subsidiary of Bankers Bancorp of Oklahoma, Inc. This financial holding company also owns The Bankers Bank, a correspondent bank serving community banks in the Southwest region. Other subsidiaries of Bankers Bancorp include Forward in Technology, Inc., a consulting and technical support provider, and Bankers Professional Services, Inc., a provider of bank regulatory compliance audit services.

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SOURCE U.S. Dataworks, Inc.