"This is a very exciting technology that will dramatically improve our ability to serve clientele quickly and efficiently," says Sandra Ellsworth, Treaty Oak Bank CFO. "Goldleaf's solution will allow our business clients to deposit checks daily without coming in to our offices or relying upon a courier service," she adds. "As a new bank with only one local office and a focus on small to mid-size businesses, Remote Deposit Express is the right solution at the right time."

Remote Deposit Express is a Web-based, bank-branded, front-end solution that requires no software installation. Merchants scan, truncate, and submit checks electronically through a secure, 128-bit RS4 encrypted Internet connection. Financial institutions may process the standardized X9.37 check image files electronically or on paper as substitute checks, making implementation of Remote Deposit Express independent of an institution's Check 21 readiness on the backend.

"Though a young bank, Treaty Oak's organizers and management team comprise an impressive roster of seasoned experts in every facet of financial services," says Goldleaf Technologies CEO, Paul McCulloch. "Treaty Oak understands the implications of automating check deposits from the business site, and Remote Deposit Express will enable the bank to leverage its payments franchises fully and bolster its deposits," he continues. "As their name signifies, Treaty Oak is well positioned to thrive and endure for years to come."

Remote Deposit Express is a simple, optional module on the existing Web-based Goldleaf Client system that many financial institutions already use to provide ACH origination services. As such, financial institutions may now offer remote deposit (i.e., check truncation) services and/or ACH origination/check-conversion services to participating businesses via a single Web-based, front-end solution using a single check scanner.