by Michael Tempesta | Nov 16, 2018 | News
Lighthouse Payment Services was honored to speak at the NEAFP November Meeting held at the Hasbro Toy Headquarters in Pawtucket, RI. It’s no secret treasury services are changing. Businesses want banks to deliver strategic technology solutions to automate their manual...
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 | Jul 9, 2018 | Blog Post
Businesses use a lockbox provider to speed up the collection of mail-based payments from its customers, thus improving cash flow. In addition to electronically depositing those payments, a lockbox provider can also attribute those transactions to specific customer...
