City National Bank Acquires Exactuals
Royal Bank Of Canada (RY)
Last royal bank of canada earnings: 2/21 06:00 am
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Source: GlobeNewswire
LOS ANGELES, Aug. 13, 2018 (GLOBE NEWSWIRE) -- City National Bank, America’s Premier Private and Business Bank®, today announced it has acquired Exactuals, a Los Angeles-based provider of innovative SaaS solutions for complex payments in the entertainment industry. Exactuals’ innovative payment system, PaymentHub, allows studios, unions, guilds, payroll companies, music publishers, record labels, distributors and marketplaces to provide direct deposit payments, tax document management and online reporting to rights holders, performers, managers, service providers and independent contractors across the globe. In many cases, this automated system has replaced an outdated payment process, reducing or eliminating the need for costly paper checks and reporting. Exactuals’ system provides payments and reporting functions with greater security, accuracy, transparency and speed. Firms can process global payments through operating accounts at City National. In addition to PaymentHub, Exact
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