City National Bank buys artist payments platform Exactuals
City National Bank has acquired LA-based Exactuals, which provides software solutions designed to handle complex payments in the entertainment industry.
Exactuals’ 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 worldwide.
According to the company, this automated system reduces or eliminates the need for costly paper checks and reporting. read more at musicbusinessworldwide.com
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City National Bank buys artist payments platform Exactuals was originally published on Hookblast
