{"id":762870,"date":"2023-06-12T06:03:08","date_gmt":"2023-06-12T10:03:08","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/dime-launches-zsuite-to-expand-digital-banking-capabilities-for-commercial-escrow-customers\/"},"modified":"2023-06-12T06:03:08","modified_gmt":"2023-06-12T10:03:08","slug":"dime-launches-zsuite-to-expand-digital-banking-capabilities-for-commercial-escrow-customers","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/dime-launches-zsuite-to-expand-digital-banking-capabilities-for-commercial-escrow-customers\/","title":{"rendered":"Dime Launches ZSuite to Expand Digital Banking Capabilities for Commercial Escrow Customers"},"content":{"rendered":"<div class=\"mw_release\">\n<p>HAUPPAUGE, N.Y., June  12, 2023  (GLOBE NEWSWIRE) &#8212; Dime Community Bancshares, Inc. (the \u201cCompany\u201d or \u201cDime\u201d) (NASDAQ: DCOM), the parent company of Dime Community Bank (the \u201cBank\u201d), announced today the launch of ZSuite for Commercial Escrow Management.<\/p>\n<p>ZSuite is an entirely digital commercial escrow and\u00a0subaccounting\u00a0platform. This platform adds a significant piece to Dime\u2019s technology stack and is designed to improve the customer experience for property managers, law firms, municipalities, title companies and other industries that heavily utilize escrow and\u00a0subaccounts.<\/p>\n<p>Commenting on the launch of ZSuite, Michael Fegan, Chief Technology and Operations Officer of Dime, said, \u201cWe are excited to launch ZSuite today in support of our commercial escrow customers. This reinforces Dime\u2019s continued commitment to provide a top-tier digital experience. Conventional escrow and subaccounting processes are manual and extremely resource-intensive for everyone involved. As such, we partnered with ZSuite to provide our customers a best-in-class digital solution.\u201d<\/p>\n<p>\u201cWe are proud to partner with Dime for their new escrow banking solution,\u201d says Nathan Baumeister, CEO and Co-Founder of ZSuite Tech. \u201cWe share Dime\u2019s focus on customer service and look forward to working with them closely.\u201d<\/p>\n<p>\n        <strong>ABOUT DIME COMMUNITY BANCSHARES, INC.<\/strong><br \/>\n        <br \/>Dime Community Bancshares, Inc. is the holding company for Dime Community Bank, a New York State-chartered trust company with over $13.8 billion in assets and the number one deposit market share among community banks on Greater Long Island\u00a0<sup>(1)<\/sup>.<\/p>\n<p>\n        <strong>Dime Community Bancshares, Inc.<\/strong><br \/>\n        <br \/>Investor Relations Contact:<br \/>Avinash Reddy<br \/>Senior Executive Vice President \u2013 Chief Financial Officer<br \/>Phone: 718-782-6200; Ext. 5909<br \/>Email:\u00a0<a href=\"mailto:avinash.reddy@dime.com\" rel=\"nofollow noopener\" target=\"_blank\">avinash.reddy@dime.com<\/a><\/p>\n<p>(1)\u00a0Aggregate deposit market share for Kings, Queens, Nassau &amp; Suffolk counties for community banks with less than $20 billion in assets<\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg1NjEyOCM1NjQxNjE5IzIwMTk0NjI=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/ODhhMzM2OTQtYTU2ZC00Njc0LTkzYTctNmI0MThjODk4ZmEzLTEwMzA5Mzk=\/tiny\/Dime-Community-Bancshares-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>HAUPPAUGE, N.Y., June 12, 2023 (GLOBE NEWSWIRE) &#8212; Dime Community Bancshares, Inc. (the \u201cCompany\u201d or \u201cDime\u201d) (NASDAQ: DCOM), the parent company of Dime Community Bank (the \u201cBank\u201d), announced today the launch of ZSuite for Commercial Escrow Management. ZSuite is an entirely digital commercial escrow and\u00a0subaccounting\u00a0platform. This platform adds a significant piece to Dime\u2019s technology stack and is designed to improve the customer experience for property managers, law firms, municipalities, title companies and other industries that heavily utilize escrow and\u00a0subaccounts. Commenting on the launch of ZSuite, Michael Fegan, Chief Technology and Operations Officer of Dime, said, \u201cWe are excited to launch ZSuite today in support of our commercial escrow customers. This reinforces Dime\u2019s continued commitment to provide a top-tier digital experience. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/dime-launches-zsuite-to-expand-digital-banking-capabilities-for-commercial-escrow-customers\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Dime Launches ZSuite to Expand Digital Banking Capabilities for Commercial Escrow Customers&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-762870","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Dime Launches ZSuite to Expand Digital Banking Capabilities for Commercial Escrow Customers - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/dime-launches-zsuite-to-expand-digital-banking-capabilities-for-commercial-escrow-customers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dime Launches ZSuite to Expand Digital Banking Capabilities for Commercial Escrow Customers - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"HAUPPAUGE, N.Y., June 12, 2023 (GLOBE NEWSWIRE) &#8212; Dime Community Bancshares, Inc. (the \u201cCompany\u201d or \u201cDime\u201d) (NASDAQ: DCOM), the parent company of Dime Community Bank (the \u201cBank\u201d), announced today the launch of ZSuite for Commercial Escrow Management. ZSuite is an entirely digital commercial escrow and\u00a0subaccounting\u00a0platform. This platform adds a significant piece to Dime\u2019s technology stack and is designed to improve the customer experience for property managers, law firms, municipalities, title companies and other industries that heavily utilize escrow and\u00a0subaccounts. Commenting on the launch of ZSuite, Michael Fegan, Chief Technology and Operations Officer of Dime, said, \u201cWe are excited to launch ZSuite today in support of our commercial escrow customers. This reinforces Dime\u2019s continued commitment to provide a top-tier digital experience. &hellip; Continue reading &quot;Dime Launches ZSuite to Expand Digital Banking Capabilities for Commercial Escrow Customers&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/dime-launches-zsuite-to-expand-digital-banking-capabilities-for-commercial-escrow-customers\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-12T10:03:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg1NjEyOCM1NjQxNjE5IzIwMTk0NjI=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dime-launches-zsuite-to-expand-digital-banking-capabilities-for-commercial-escrow-customers\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dime-launches-zsuite-to-expand-digital-banking-capabilities-for-commercial-escrow-customers\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Dime Launches ZSuite to Expand Digital Banking Capabilities for Commercial Escrow Customers\",\"datePublished\":\"2023-06-12T10:03:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dime-launches-zsuite-to-expand-digital-banking-capabilities-for-commercial-escrow-customers\\\/\"},\"wordCount\":286,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dime-launches-zsuite-to-expand-digital-banking-capabilities-for-commercial-escrow-customers\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODg1NjEyOCM1NjQxNjE5IzIwMTk0NjI=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dime-launches-zsuite-to-expand-digital-banking-capabilities-for-commercial-escrow-customers\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dime-launches-zsuite-to-expand-digital-banking-capabilities-for-commercial-escrow-customers\\\/\",\"name\":\"Dime Launches ZSuite to Expand Digital Banking Capabilities for Commercial Escrow Customers - 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(the \u201cCompany\u201d or \u201cDime\u201d) (NASDAQ: DCOM), the parent company of Dime Community Bank (the \u201cBank\u201d), announced today the launch of ZSuite for Commercial Escrow Management. ZSuite is an entirely digital commercial escrow and\u00a0subaccounting\u00a0platform. This platform adds a significant piece to Dime\u2019s technology stack and is designed to improve the customer experience for property managers, law firms, municipalities, title companies and other industries that heavily utilize escrow and\u00a0subaccounts. Commenting on the launch of ZSuite, Michael Fegan, Chief Technology and Operations Officer of Dime, said, \u201cWe are excited to launch ZSuite today in support of our commercial escrow customers. 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