According to a Federal Reserve study, Automated Clearing House (ACH) transactions are growing at a rate of over 13% annually, the same rate as all other types of electronic payment transactions combined. And while check transactions are declining in comparison, they still account for over $39 trillion in annual value. At CPS, we recognize that financial institutions and their business customers are looking to take advantage of this growth in e-payments. Our remote deposit capture, NSF check recovery and telephone payment products allow you to cost effectively offer your customers the speed and convenience of electronic payment processing. In addition, we offer remote receivables processing in combination with remote deposit capture check processing with automated file updates into your accounting software. With CPS, you’ll save administrative time and expenses and speed your cashflow. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Our full product offerings include: Financial Institutions • Deposit24® Remote Deposit Capture Suite Remote Deposit Capture Remote Remittance Capture Remote Branch Capture
• CheckTrack℠ NSF Check Recovery
• AR-Box® Receivables Processing
• PaymentXChange® Telephone Payment and Authorization