Remote deposit

Sunday Breakfast Rescue Mission Streamlines Donation Check Processing with Advanced RDC Solutions from FTNI

Retrieved on: 
Thursday, July 23, 2020
City and Gospel Rescue Missions, Economy, Banking, Remote deposit, Payment processor, Association of Gospel Rescue Missions

OMAHA, Neb., July 23, 2020 /PRNewswire-PRWeb/ -- Financial Transmission Network Inc. (FTNI), a provider of industry-leading integrated receivables , payment processing, and cash application solutions, today announced that Sunday Breakfast Rescue Mission, the second oldest rescue mission in the U.S., has successfully launched its ETran Remote Deposit Capture (RDC) solutions, achieving new efficiencies in the processing and posting of donation checks.

Key Points: 
  • OMAHA, Neb., July 23, 2020 /PRNewswire-PRWeb/ -- Financial Transmission Network Inc. (FTNI), a provider of industry-leading integrated receivables , payment processing, and cash application solutions, today announced that Sunday Breakfast Rescue Mission, the second oldest rescue mission in the U.S., has successfully launched its ETran Remote Deposit Capture (RDC) solutions, achieving new efficiencies in the processing and posting of donation checks.
  • Originally founded in 1878 as Sunday Breakfast Association, the organization changed its name several years ago to reflect the expanded services it delivers as a Rescue Mission.
  • Sunday Breakfast Rescue Mission , a non-profit organization, serves those experiencing homelessness in Philadelphia, PA.
  • "We're proud to be able to partner with Sunday Breakfast Rescue Mission to deliver game-changing RDC and back-office posting solutions to help streamline mission-critical donation processing operations within their organization."

Peerless Beverage Company Selects Online Payment Portal and Advanced Remote Deposit Capture Solutions from FTNI

Retrieved on: 
Tuesday, July 21, 2020
Financial services, Money, Economy, Payment processor, Payments, Peerless Motor Company, Point of sale, Remote deposit

OMAHA, Neb., July 21, 2020 /PRNewswire-PRWeb/ -- Financial Transmission Network Inc. (FTNI), a provider of industry-leading integrated receivables , payment processing, and cash application solutions, today announced that Peerless Beverage Company, one of the largest beer distributors in New Jersey, has selected its ETran Integrated Receivables platform to deliver the distributor with Online Payment Portal and Advanced Remote Deposit Capture (RDC) solutions.

Key Points: 
  • OMAHA, Neb., July 21, 2020 /PRNewswire-PRWeb/ -- Financial Transmission Network Inc. (FTNI), a provider of industry-leading integrated receivables , payment processing, and cash application solutions, today announced that Peerless Beverage Company, one of the largest beer distributors in New Jersey, has selected its ETran Integrated Receivables platform to deliver the distributor with Online Payment Portal and Advanced Remote Deposit Capture (RDC) solutions.
  • FTNI and Peerless Beverage are on track to launch these new services early in Q3 2020.
  • ETran's fully-hosted Online Payment Portal will enable Peerless Beverage to deliver its customers with new, secure, online payment options.
  • "FTNI is proud to be able to deliver Peerless Beverage Company with new RDC and online payment solutions delivered from a single, cloud-based platform, that will provide benefits not only to their customers, but also to internal A/R operations within the company."

Simmons Bank Increases Customer Engagement with the Banno Digital Platform

Retrieved on: 
Tuesday, February 25, 2020
Banking, Remote deposit, Banno

The Banno Digital Platform offered the experience the bank was looking for along with tight integrations into its Jack Henry core, the SilverLake System .

Key Points: 
  • The Banno Digital Platform offered the experience the bank was looking for along with tight integrations into its Jack Henry core, the SilverLake System .
  • Customers were eager to make the change; within the first 30 days, 80 percent of digital users logged onto the Banno Mobile app.
  • For instance, Simmons experienced more mobile remote deposit capture enrollments in one week than it realized in the previous two months.
  • Alejandro "Alex" Carriles, executive vice president and chief digital officer at Simmons, commented, "It's not often that customers say they love their banking experience, but with the Banno Digital Platform, we have proudly encountered that time and again.

Domuso Announces Mobile Check Pay, Enabling Residents a Self-service Way to Pay Rent with a Photo of Their Check

Retrieved on: 
Monday, November 11, 2019
Financial services, Economy, Money, Banking, Payment systems, MoneyGram, Cheque, Bank, Mint Bills, Paym, Remote deposit

Similar to how millions of consumers remotely deposit check images into their bank accounts, Mobile Check Pay allows renters to pay rent using the same technology.

Key Points: 
  • Similar to how millions of consumers remotely deposit check images into their bank accounts, Mobile Check Pay allows renters to pay rent using the same technology.
  • "Mobile Check Pay integrates modern banking services into the rent payment experience, creating convenience for residents and enabling property managers to run a more efficient business," said Michael Lightfoot, co-founder and COO of Domuso.
  • Mobile Check Pay uses the same underlying technology banks use to allow customers to make mobile check deposits.
  • Other Domuso innovations include a point-of-sale Installment Loan option, secure off-site cash payments in partnership with MoneyGram and the ability for residents to pay with a photo of their check using Mobile Check Pay.

Jury Finds Wells Fargo Infringes on USAA's Mobile Remote Deposit Capture Patents

Retrieved on: 
Wednesday, November 6, 2019
Financial services, Finance, Companies, USAA, Remote deposit, Wells Fargo, Patent infringement, Apple Inc. litigation, Smartphone patent wars

The jury awarded USAA $200 million in damages for Wells Fargo's past infringement of USAA's auto capture patents associated with this lawsuit.

Key Points: 
  • The jury awarded USAA $200 million in damages for Wells Fargo's past infringement of USAA's auto capture patents associated with this lawsuit.
  • In June 2018, USAA filed a patent infringement lawsuit alleging Wells Fargo Mobile Deposit infringed on certain USAA patents related to mobile check capture.
  • USAA filed a separate suit for additional patents related to the mobile remote deposit process against Wells Fargo in August 2018 in the U.S. District Court for the Eastern Division of Texas.
  • USAA pioneered mobile remote deposit capture, driven by the need to support members of the military and their families across the globe.

Alogent & Panini Announce the First True OS Agnostic, All-In-One Check Capture Solution to Address All Channels of Branch and Remote Deposit

Retrieved on: 
Monday, October 28, 2019
Economy, Banking, Service industries, Panini Group, Cheque, Panini, Remote deposit, Bank teller, Omni

Together, Alogent and Panini bring the first operating system agnostic, all-in-one check capture solution to market to address the branch capture needs of financial institutions, along with the remote capture requirements of small businesses and merchants.

Key Points: 
  • Together, Alogent and Panini bring the first operating system agnostic, all-in-one check capture solution to market to address the branch capture needs of financial institutions, along with the remote capture requirements of small businesses and merchants.
  • The Alogent and Panini omni-channel offering bridges the branch of today with the branch of the future.
  • Visit Alogent at the ABA Annual Convention, booth 120, October 28-29, in Seattle, WA, to learn more, or visit info.alogent.com/panini-make-omni-channel-a-reality.
  • Panini's scalable solutions address the complete range of distributed check processing opportunities including teller capture, back-counter capture, remote deposit capture, check cashing and remittance processing.

Deluxe Treasury Management Expanding Integrated Receivables Functionality with Deluxe Bill Pay and AR.Bots

Retrieved on: 
Tuesday, October 22, 2019
Technology, Marketing, Banking, Communications, Professional services, Software, Internet, Social media, Data management, Search engine marketing, Economy, Financial services, Business, E-commerce, Payment systems, Accounts receivable, Business software, Point of sale, Deluxe Corporation, Payment processor, Remote deposit, Receivables

Deluxe Corporation today announced the continued expansion and automation of its integrated receivables functionality with the addition of Deluxe Bill Pay and AR.Bots.

Key Points: 
  • Deluxe Corporation today announced the continued expansion and automation of its integrated receivables functionality with the addition of Deluxe Bill Pay and AR.Bots.
  • Customers pay invoices using their favorite bill pay service or via a secure payment portal via their computer, tablet or smartphone.
  • We are always looking for ways to improve the customer billing and payment experience, explained Samuel Golbach, product management, Deluxe Treasury Management Solutions.
  • Deluxe Treasury Management Solutions bring best-in-class services such as payment processing, receivables management, remote deposit capture, digital imaging solutions and more to financial services and corporate clients alike.

ProfitStars to Bring Mobile Remote Deposit to More Businesses Through the ICBA

Retrieved on: 
Thursday, October 17, 2019
Economy, Financial services, Money, Banking, E-commerce, Remote deposit, Bank, Community bank, Independent Community Bankers of America, Deposit, Cheque, Point of sale

Its ProfitStars division today announced the addition of JHA SmartPay mRDC (Mobile Remote Deposit Complete) to the Independent Community Banks of America (ICBA) Preferred Service Provider program.

Key Points: 
  • Its ProfitStars division today announced the addition of JHA SmartPay mRDC (Mobile Remote Deposit Complete) to the Independent Community Banks of America (ICBA) Preferred Service Provider program.
  • JHA SmartPay mRDC is a commercial mobile remote deposit capture solution built exclusively for businesses, enabling them to conveniently deposit checks anytime, anywhere using camera-enabled smartphones and tablets.
  • Mobile remote deposits are an easier, more efficient way for businesses to make routine deposits particularly those with low check volumes or entities with in-the-field representatives.
  • Expanding commercial payment solutions, such as mobile remote deposit, can help ICBA member banks further distinguish themselves by equipping businesses with the high-demand, convenience-driven services they need to thrive."

Digital Check Introduces Updated SmartSource Elite Scanner with High-Resolution ID Card Image Capture, Self-Cleaning Mode

Retrieved on: 
Wednesday, September 18, 2019
Economy, Financial services, Money, Business software, Cleaning card, E-commerce, Remote deposit, Elite Model Management, Economy, Financial services, Money, Business software, Cleaning card, E-commerce, Remote deposit, Elite Model Management

This feature reminds the user when its time to maintain the scanner, then uses an automated process to "scrub key components with a cleaning card.

Key Points: 
  • This feature reminds the user when its time to maintain the scanner, then uses an automated process to "scrub key components with a cleaning card.
  • Also prominent on the new Elite series is a re-engineered ID card capture track, which now moves the feeding of ID cards from the rear to the front of the scanner.
  • Affected models include not only the multi-feed SmartSource Elite, SmartSource Expert Elite, and SmartSource Pro Elite models, but also the SmartSource Micro Elite, a compact single-feed check scanner aimed at the remote deposit capture market using select API versions.
  • Limited quantities of the updated models are currently available to Digital Check partners for testing purposes and special projects.

Guardian Analytics® Will Feature Fighting Mobile Remote Deposit Capture Banking Fraud With Machine Learning & Behavioral Analytics at the WesPay 2019 Payments Symposium

Retrieved on: 
Wednesday, August 7, 2019
Economy, Financial services, Articles, Banking, E-commerce, Guardian Analytics, Mobile banking, Remote deposit, Analytics, Bank fraud, Bank, Fraud

With new technology comes new risks, mobile banking and remote deposit capture (mRDC) are no exception.

Key Points: 
  • With new technology comes new risks, mobile banking and remote deposit capture (mRDC) are no exception.
  • Analysis from Guardian Analytics across hundreds of financial institutions found that 72% of mobile banking fraud included the use of RDC and fraudulent checks.
  • "Unless the financial institution utilizes a multi-channel machine learning & behavioral analytics fraud detection, it will not be able to detect mobile RDC, unusual payments behavior, and prevent illicit money transfers."
  • Our session, "Fighting RDC Mobile Banking Fraud with Machine Learning," will take place on September 12th from 11:15am - 12:15pm.