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Article: Solutran Selected by Major National Retailer for Returned-Check Services.
- Article from:
- Business Wire
- Article date:
- December 17, 2002
CopyrightCOPYRIGHT 2002 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors
MINNEAPOLIS--(BUSINESS WIRE)--Dec. 17, 2002
Solutran(R), a leading provider of treasury management services, has been selected by J.C. Penney, Inc., one of the nation's largest department store, drugstore, catalog and e-commerce retailers to provide returned-check management services. The contract is Solutran's fifteenth with a major, national retailer and the twenty-sixth such contract won by the company in the past two years.
"Today's difficult economy makes the time-value of money more critical than ever, which means most retailers are looking for new ways to speed up revenue collection," said Joseph F. Keller, president and ...