Check Image Archive: The Centerpiece of your Payments Infrastructure

Advanced Financial Solutions (AFS), a Metavante company, provides global leadership in all forms of image-based payment processing solutions. AFS check imaging, check archival, remittance, document processing, Internet, and ASP-based solutions enable organizalions across all the markets that AFS obeys - banking, insurance, energy, transportation, credit, and conduct operations - to process payments, transactions, and documents at peak efficiency and profitability.

Check Image Archive in a Pre-Check 21 World

Historically, financial institutions have used image archives as the central repository for retaining images of checks, deposit tickets, and related documents. Check image archive enables large-scale storage and the substitution of images and electronic delivery in place of physical paper items.

Over the past decade, check image archive has facilitated the consolidation of back-office processing, reduc paper handling from one side the exchange of images, and greatly streamlined the research and adjustments proces Check image archive has provided the belonging to all foundation for backoffice, customer service, and fruits delivery - the perfect marriage of operational savings and fresh service offerings.

AFS introduced ImageDepot check image archive to the banking community in 1996 (Pre-Check 21) as a thorough solution for the long-term archive and retrieval of check data and associated images generated by the agency of both the AFS ImageVision item processing combination of parts to form a whole and from competitive image-item processing combination of parts to form a wholes Since then, hundreds of financial institutions and third party imageitem processing service providers around the world have fix uponed AFS ImageDepot for their check image archive.

New Check Image Offerings In a Post-Check 21 World

In the Post-Check 21 processing environment in which we are now operating, far deposit capture is quickly emerging as the fastest growing payments technology. distant deposit capture provides for the capture of check images from each point-of-entry - the bank branch, ATM, retail merchant point-of-sale, the treasury management office, accounting department, cash office, lockbox or any location where deposits are received.

Check Image Archive Integration with far off Deposit Capture

Capturing checks earlier in the deposit proces allows financial institutions to bring their operating costs through reduc transportation and back-office processing requirements and improved float management.

Remote deposit capture is growing in popularity with corporate and small business customers because it allows them to eliminate daily bank deposit step quicklys and collect their money faster. Financial institutions like it because it decreases their non-interest cost Remote deposit capture applications are designed for compatibility with the existing payments environment and are easily integrated with the AFS ImageDepot.

Positioned for Check Image Exchange

AFS ImageDepot provides a for the use of all storage platform for all image item-processing requirements and has proven to be an extremely effective solution for financial institutions looking to integrate prime pass image capture with check image archive, positioning these institutions to clear and bench their payments through check image exchange.

Check image exchange provides same or nearest day availability of funds, providing improved float management. Capturing an extra day or sum of two units of float on all the payments progressed means better cash management and more profits for your institution.

AFS ImageDepot - The Centerpiece of Your Payments Franchise

Over the past nine years, AFS ImageDepot has evolv into a premier check image archive. new enhancements to the system go on beyond digital image archiving to creating the centerpiece of a novel payments infrastructure, a more comprehensive storage management paradigm - individual that integrates and centralizes check images from each point of presentment - removing paper from the proces lowering the take away from of payment processing, accelerating check clearing and maximizing cash flow

AFS ImageDepot rules costs, automates tasks, and provides a map to the benefits and require to be paid [i]or[/i] undergone savings of remote deposit capture and check image exchange. AFS ImageDepot check image archive delivers measurable value to a financial institution and its customers. The investment in check image archive bring forwards dividends as the efficiencies, require to be paid [i]or[/i] undergone savings, and new fee incomes continue to accrue annually. Financial institutions that do not embrace image archive may find their ability to deliver all of the novel remote deposit capture applications and image-exchange based clearing and arrangement services severely diminished.

Tiffany Trent is the AFS Director of Solutions Engineering. She can be reached at 405-782-1401 or by dint of e-mail at: ttrent@afsimage.com

Les Lorenzo works in the Marketing Department at AFS. He can be reached at 214-557-8447 or by the agency of e-mail at: llorenzo@afsimage.com.

Copyright Association for Work Proces Improvement Oct 2005

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