Webinar Hosted By Silicon Valley Bank Helps Businesses Overcome Payment Hurdles

BOSTON, Oct. 23, 2012 (GLOBE NEWSWIRE) -- Businesses looking to move away from the headaches, expense and security risks associated with manual, paper-intensive, disjointed payment processes should tune in to a webinar on Tuesday, October 30, 2012 hosted by Silicon Valley Bank.

Join Bryan Laws, Senior Director of Product Management, Silicon Valley Bank; BC Krishna, CEO, MineralTree; and Theresa Scavone, Controller, Open Mile as they offer practical steps to improve cash management and operational efficiencies, while increasing security defenses against fraud.

Title: Overcoming Payment Hurdles: Solutions for Saving Time and Streamlining Processes

Date/Time: Tuesday, October 30, 2012, at 10 a.m. PDT (1 p.m. EDT)

Register for the webinar now to learn:

  • How small and medium size businesses are handling their current A/P processes
  • How the banking industry is responding to the changing landscape of mobile, different payment options and security
  • The elements of an effective payments platform
  • How to make the payment process more secure
  • Best practices in streamlining A/P processes

"Small and medium-sized businesses are greatly underserved and many are still using paper checks and online bill pay systems to manage and process payments. This exposes security risks as a result of poorly integrated, ad hoc, manual processes," said BC Krishna, CEO, MineralTree. "There's a big opportunity to bring new efficiency, security and convenience to the payables process that suits an SMB's limited budget and technical resources."

About Silicon Valley Bank

Silicon Valley Bank is the premier bank for technology, life science, cleantech, venture capital, private equity and premium wine businesses. SVB provides industry knowledge and connections, financing, treasury management, corporate investment and international banking services to its clients worldwide through 27 U.S. offices and seven international operations. (Nasdaq:SIVB) www.svb.com.

About MineralTree

MineralTree delivers secure, online payments solutions to banks that are specifically designed to meet the needs of their small and medium business customers. The solution provides a simple, streamlined approach that brings new efficiency, security, and convenience to payments and cash management processes – at a cost that is easy to justify – while helping to enhance the bank's customer relationships. MineralTree's leadership team has a long track record of creating innovative solutions to long-standing problems in banking and financial services.

CONTACT: Shannon Wojcik Baker Communications Group 585-425-8812 shannon@bakercg.com

Source:MineralTree, Inc.