Online Banking Solutions Inc. said Commerce Bancshares Inc. of Kansas City, Mo., is using its alert application to notify business customers of incoming and outbound wire transfers.
The $17 billion-asset holding company's Commerce Bank has installed the OBS Online Messenger Alerts application, which delivers encrypted alerts by e-mail and text message, the Atlanta vendor said Monday.
"Wire notifications add real-time reporting to traditional treasury management products and services," Joe Spatarella, the vice president of sales and marketing at Online Banking Solutions, said in a press release. "In the current volatile environment, up-to-the-minute information about transactions is a requirement for funds management and control."
