VSoft forms partnership with Worldwide Interactive Services
VSoft Corporation, a global information and technology provider of process improvement solutions for financial institutions, announced today a partnership with Orlando, Fla.-based Worldwide Interactive Services, LLC, a provider of technology solutions to more than 300 financial institutions nationwide, to offer VSoft's Teller and Home/Office Item Capture services to its CUtopia core credit union customers.
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CUtopia's core software solution was developed to provide credit unions with a highly functional, reliable and fully compliant in-house system that can be tailored to meet their individual needs, as well as the needs of their members. Leveraging CUtopia e-Suite banking with VSoft's proven remote deposit capture solutions enables credit unions to reduce operational costs and effectively compete with larger institutions.
"VSoft shares in our dedication to helping credit unions stay ahead of the technology curve and guarantee member satisfaction," said president and CEO at Worldwide Interactive Services, John Panteleon. "This partnership gives our credit union customers access to the most advanced financial services, which can be quickly and easily implemented, enabling them to experience significant cost savings while also better serving their members."
VSoft's teller capture solution allows credit unions to capture deposits at the teller window, or behind the teller line in the branch back office, depending on strategy, branch footprint and deposit mix. Its Home/Office Item Capture solution enables credit unions to further extend their services by providing added convenience for personal or small business accounts. As a result, it protects a credit union's current member base and makes it more attractive to new members.
"Worldwide Interactive Services and VSoft have each served the credit union marketplace for more than 15 years, and are committed to continually developing technology and partnerships that enable credit unions to compete with even the largest institutions," said Murthy Veeraghanta, chairman and managing director, VSoft Corporation. "This is the ideal time to combine VSoft's comprehensive and flexible solutions, with the robust features offered by Worldwide's core banking system. As regulations continue to change and the industry moves out of the recession there will be great opportunities to gain new members; and protecting your current member base is now more important than ever."