Asure’s New Technology Integration With Certegy Helps Businesses Offer Secure, Convenient, and Lower-Fee Check Cashing for Unbanked Employees
25 January 2022 - 12:15AM
Asure Software, Inc., (Nasdaq: ASUR), a leading provider of
cloud-based Human Capital Management (“HCM”) software solutions,
today announced a new partnership with Certegy, a leading provider
of payment and risk management technology for retailers and
financial institutions.
Connecting Asure’s 80,000+ Payroll and HR business
customers with Certegy’s Positive Pay program enables these
businesses to now offer their unbanked employees more options when
cashing their paper checks. In turn, this increases our business
customers’ ability to retain and recruit employees.
Certegy's Positive Pay program enables quick
approval for checks on record while preventing fraud. The
information provided by check issuers is used to validate checks
upon presentment at 100,000+ retailers throughout the US. This
validation process greatly reduces risk for check cashing
retailers, which allows these retailers to assess a lower
check-cashing fee to customers of enrolled companies.
Certegy’s Positive Pay program protects check issuers from fraud
while offering consumers hassle-free access to funds through a
fast, frictionless check cashing experience.
Asure’s business customers benefit by reducing
payroll fraud while concurrently allowing their unbanked employees
to conveniently cash checks with lower fees.
“Adding this secure payment integration to our
technology suite is yet another innovation that powers the growth
of our business customers. In today’s marketplace, companies need
every edge to onboard workers. Offering employees the ability to
cash their checks with lower fees at over 100,000 locations is a
distinct competitive advantage that our customers can leverage to
win more workers,” said Pat Goepel, Chairman and CEO of Asure.
About Certegy
Certegy is a leading provider of payment and risk management
technology for retailers and financial institutions across North
America. Certegy’s technology allows businesses to expand their
payment mix with ACH payments, leveraging proprietary authorization
systems, algorithms, and risk assessment decision-making platform
to provide low risk, low-cost transactions via mobile, web, and
point-of-sale. For over 60 years, Certegy has managed risk by
staying at the forefront of payment innovation, using sophisticated
proprietary technologies to process, verify, and warranty ACH and
check transactions for more than 4,000 retailers, corporations, and
financial institutions at more than 100,000 retail locations. To
learn more, visit www.certegy.com.
About Asure Software
Asure (Nasdaq: ASUR) is a leading provider of Human Capital
Management (“HCM”) software solutions. We help small and mid-sized
companies grow by assisting them in building better teams with
skills to stay compliant with ever-changing federal, state, and
local tax jurisdictions and labor laws, and better allocate cash so
they can spend their financial capital on growing their business
rather than back-office overhead expenses. Asure’s Human Capital
Management suite, named Asure HCM, includes cloud-based Payroll,
Tax Services, and Time & Attendance software as well as human
resources (“HR”) services ranging from HR projects to completely
outsourcing payroll and HR staff. We also offer these products and
services through our network of reseller partners. Visit us at
asuresoftware.com.
Investor Relations Contact
Randal RudniskiVice President, Investor Relations, Financial
Planning &
Analysis512-859-3562randal.rudniski@asuresoftware.com
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