National City deploys NetDeposit remote deposit capture technology

NetDeposit, Inc., the leader in innovative check payment technology, announced that National City (NYSE: NCC), a premier diversified financial services provider, has implemented NetDeposit's remote deposit capture (RDC) solution to efficiently handle the processing of check payments received by its corporate clients.

  0 Be the first to comment

External

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.

Leveraging its experience as the most widely deployed remote check capture solution, NetDeposit is providing National City with the tools to lead its competition in reshaping the way banks in its region compete for cash management accounts. NetDeposit provides National City with a complete solution set for electronic check payment processing, including all client and back-end software, as well as scanner purchase and fulfillment for end-users. With NetDeposit's inherent software and hardware interoperability, National City will be able to quickly bring the point of check presentment for its RDC clients to their location, eliminating their need to make trips to a branch.

"We selected NetDeposit based on their leadership and experience within the market. They have a proven product and a track record of success for enabling all aspects of check capture," said Mary Ann Francis, senior vice president of Payment Solutions with National City's Global Treasury Solutions. "At National City we are committed to always delivering the products and services that meet our customers' needs. This new relationship with NetDeposit enables us to further that tradition."

"The economies of check processing are changing in dramatic ways," said Danne Buchanan, CEO of NetDeposit. "The country's premier financial institutions are taking advantage of the competitive advantage and business growth opportunities that our solutions have proven to bring. National City has a reputation for excellence in all they do and we are honored to add them to our list of customers."

NetDeposit's solutions have a proven track record of driving real value to its customers and enabling added efficiencies in processing. With four of the world's largest cash management banks as customers, and hosted solutions tailored to the scale of any bank, NetDeposit continues to lead the market for RDC.

Sponsored [New Impact Study] Exploring the Rise of Originate-to-Distribute (OTD) Models

Comments: (0)

[New Report] The Future of European Fintech 2025: A Money20/20 Special EditionFinextra Promoted[New Report] The Future of European Fintech 2025: A Money20/20 Special Edition