Asure Launches Treasury Compliance Services
Portfolio Pulse from Benzinga Newsdesk
Asure Software, Inc. (NASDAQ:ASUR), a licensed money transmitter, has announced the launch of its Treasury Compliance Services to help payroll providers with compliance demands related to money movement. The service addresses state money transmission laws, the Bank Secrecy Act, and NACHA Operating Rules. Asure's partnership with J.P. Morgan enhances its ability to offer a comprehensive solution. The service will be available in Q4 2023 and aims to simplify compliance for payroll providers, allowing them to focus on their core business.
November 13, 2023 | 2:15 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Asure Software's launch of Treasury Compliance Services could attract more clients among payroll providers seeking to navigate complex compliance requirements, potentially boosting ASUR's revenue and market position.
The launch of Treasury Compliance Services by Asure is directly related to its core business and is likely to be seen as a positive development by investors. The service addresses a clear market need for compliance assistance among payroll providers, which could lead to increased adoption and revenue for Asure. The partnership with J.P. Morgan may also lend additional credibility and operational support to the service.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100