Remote Branch Capture does for financial institutions what remote deposit capture does for businesses and merchants. Using small image scanners and web-based or desktop software, any financial institution can electronically capture and process deposits at the branch. The technology saves administrative time and transportation costs, and extends deposit deadlines to normal closing times with same day posting of deposits and no afternoon holdover.
Branch Capture systems such as Deposit24 from CPS feature: • Small, inexpensive image scanners and thin client, web-based software that operates behind the teller line through • a standard DSL internet connection.
• Deposits are truncated and balanced at the branch using online images for verification, so discrepancies are • promptly resolved.
• Images are automatically archived for research purposes and available for viewing online Day Two.
• Faster notification of fraudulent items and items returned for insufficient funds (NSF).
For financial institutions, Branch Capture technology holds the promise of cost effectively reducing paper processing
and courier transportation costs as well as offering time savings of 65-75% in item processing versus manual data entry.
In addition, branch capture integrates easily into existing branch operations with no major systems installation or investment in hardware and software needed.
CPS has unique branch capture industry experience
How it works
As an Application Service Provider (ASP), Creative Payment Solutions is uniquely qualified to provide
financial institutions of all sizes with branch capture solutions that fit their needs. In fact, we helped develop
and install a branch capture solution with the nation’s 14th largest bank in over 330 branches. It includes
new balancing processes and branch procedures developed specifically for that bank and handles five
million transactions a month. Those are the types of answers other service providers won’t supply and the experience software providers can’t match.
Deposit24 Remote Branch Capture from Creative Payment Solutions is easy to implement and use for any size financial institution.
