Source: Jack Henry
Jack Henry & Associates, Inc. (NASDAQ:JKHY), a leading provider of computer systems and electronic payment solutions primarily for financial services organizations, today introduced Remote Deposit Anywhere™, a mobile, tablet device, and flatbed scanner remote deposit capture solution provided by its ProfitStars® division as part of its Enterprise Payment Solutions platform.
This ASP solution enables financial institutions to offer retail and small business customers the option to deposit checks from a compatible smartphone, camera-enabled tablet device, or flatbed scanner.
Remote Deposit Anywhere will help banks and credit unions retain and attract new customers and members by expanding the available deposit channels. It will also drive operational efficiencies for the institutions, including reduced labor and operating costs. The hosted technology features end-to-end security and accuracy and compliance services that will be maintained and updated with changing regulations.
According to David Foss, president of ProfitStars, "Smartphone and tablet adoption has been more rapid than initially predicted and Remote Deposit Anywhere enables financial institutions of all asset sizes to meet the growing demand for enhanced consumer convenience which is inherent in these devices. It offers small companies and on-the-go individuals the ability to scan deposits from any location with a variety of devices while enhancing the efficiency and performance of financial institutions."
Remote Deposit Anywhere can complement financial institutions' existing Enterprise Payment Solutions platform or it can be implemented as a stand-alone solution. It can be customized based on business-sized and personal-sized checks, velocity preferences, and limits for mobile-based transactions and traditional deposits.