M&T Introduces Two Cash-Flow Management Products

M&T Bank (MTB) in Buffalo, N.Y., has rolled out two products that small businesses can use to manage their cash flow.

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M&T's merchant services division announced M&T Mobile for Merchants, a card reader that can be attached to mobile devices, and Portfolio Manager, an online account management system.

"M&T Bank has launched both a convenient new way for our customers to accept credit card payments and a state-of-the-art reporting tool that will help businesses save time and manage their cash flow," Christopher Morphew, group vice president of commercial product management, said in a news release Tuesday.

M&T has introduced a series of services for retail customers in the past several months, including deposit-account add-ons like ATM fee refunds and overdraft protection, new card designs and customizable account alerts.

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