Deposit24 Branch Capture  |  How it Works  |  FAQ  |  Equipment Options  |  Legal Requirements  |  Why Branch Capture?

Deposit24 Branch Capture is a back counter solution that allows bank branches to process deposits in batches, behind the teller counters. The system accommodates a wide variety of volume and processing window scenarios to process branches in major cities or in very remote locations.

Features

• Imaging technology. Branch capture enables financial institutions to capture front and back images of checks and create font-controlled images of those items. This creates increased clarity leading to greater accuracy during processing.
• Enhances image capabilities. Checks written on the financial institution will be imaged and made available so that the financial institution’s customers can view them online.

Benefits

• Improves daily cut-off time. Work gets back to proof and data processing in order to make the deadlines imposed by the local federal sites and other clearing houses or affiliate banks.
• Reduces courier costs. Electronic transmission to a central site reduces courier runs, costs and risk of lost work.
• Additional level of security. Branch Capture allows financial institutions to digitally store transactions for safekeeping. This reduces the opportunity for checks to become lost during transport and eliminates the need for microfilming.
• Detects fraud and errors earlier. Capturing transactions at the point of entry can expedite the identification of fraudulent activity and customer deposit errors.
• Reduces overhead. Branch Capture replaces outdated archiving systems, allowing for the elimination of microfilm and maintenance.
• Reduces back office staff. Financial institutions can reallocate the money spent on headcount in the back-office to additional resources elsewhere in the bank.
• Increases productivity. Tellers scan checks they receive at the end of the day. Those checks are automatically transmitted to a central processing site. Creative Payment Solutions’ central processing site handles all data completion, so there is no need for the financial institution’s staff to spend time and money proofing and encoding checks.
• Dramatically lowers operating costs. Consumables and proof machine maintenance costs go down with fewer proof machines performing MICR encoding.
• Opens up opportunities for new value-added services.