Printer Friendly
The Free Library
19,604,530 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Atlantic Pacific Bank Launches 'DeskTeller' Remote Deposit Technology.


SANTA ROSA Santa Rosa, city, Argentina
Santa Rosa, city (1991 pop. 80,629), capital of La Pampa prov., central Argentina. It is a modern city and road junction surrounded by a rich agricultural and cattle-raising area.
, Calif. -- Atlantic Pacific Bank (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:APFB APFB Asia Pacific Forum Berlin ) today announced the launch of DeskTeller, a banking deposit technology system that will allow business customers to make deposits from the convenience of their own office. Atlantic Pacific Bank is the first Sonoma County based bank to offer this desktop technology.

In simple terms, the product lets customers make daily deposits of check payments from their place of business. By electronically scanning each item the paper transactions are converted to digital images for high-speed electronic processing and immediately transmitted to Atlantic Pacific Bank. No more trips to the bank and no need to hold your deposits until the next business day. This state-of-the-art technology is easy, convenient and saves customers both time and money.

"Today's technology allows our customers to skip in-branch deposits or courier pickup service, and just transmit daily deposits when convenient from their own office. This service provides excellent reporting capabilities and is extremely secure and easy to use. And, unlike many new technologies, the learning curve was less than five minutes," stated Charles O. Hall, President and Chief Executive Officer.

With DeskTeller, Atlantic Pacific Bank customers can:

* Receive extended deposit deadlines

* Improve availability of funds

* Reduce the risk and expense of transporting checks

* Increase employee productivity

Here's How DeskTeller Works:

1. Users prepare and balance their deposit of checks;

2. Checks are passed through the DeskTeller Remote Deposit scanner where an image based deposit ticket, together with deposit check images is created;

3. After the check image-based deposit is prepared, users transmit the deposit over the Internet as an encrypted en·crypt  
tr.v. en·crypt·ed, en·crypt·ing, en·crypts
1. To put into code or cipher.

2. Computer Science
 file to a secure website;

4. Atlantic Pacific Bank receives the image deposit and posts the deposit total to its clients company's account; and

5. Users can review the deposit by accessing their account online.

"It was an easy business decision to roll out this product," added Allen Christenson, Chief Financial Officer. "This is an extraordinary technology solution that helps us serve our customers better and saves customer time and money in the process. Enabling customers to conduct their business banking functions in their offices instead of ours is our objective."

About the Company

Atlantic Pacific Bank is the newest independent business bank headquartered in Sonoma County. The Bank is focused on meeting the specialized spe·cial·ize  
v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es

v.intr.
1. To pursue a special activity, occupation, or field of study.

2.
 needs of small to medium-sized businesses and professionals. In addition to DeskTeller, the Bank provides business customers online cash management services protected by multifactor authentication Using two or more forms of identification to authenticate a user. Single factor authentication, which is commonly used, employs a unique username and password combination. For more security, multifactor authentication adds at least one more form, such as a physical token or biometrics.  and OnCall 24 hour telephone banking. Atlantic Pacific Bank also provides select accounts with MasterCard Debit Cards debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account. , with reimbursement Reimbursement

Payment made to someone for out-of-pocket expenses has incurred.
 of fees from use at any ATM worldwide.

Atlantic Pacific Bank is located at 3725 Westwind Blvd., Suite 100, Santa Rosa, California Santa Rosa is the county seat of Sonoma County, California, USA. As of January 1 2007, the population of Santa Rosa was approximately 157,985 residents. Santa Rosa is the largest city in California's Wine Country and fifth largest city in the San Francisco Bay Area, after San  and is near the Charles M. Schultz - Sonoma County Airport. For additional information, please contact us at (707) 236-1500 or online at www.apbconnect.com.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Jan 4, 2007
Words:468
Previous Article:Morningstar Names Jeffrey Gundlach 2006 Fixed-Income Manager of the Year.
Next Article:Abraxis BioScience Launches Ondansetron Injection, USP.
Topics:



Related Articles
Latest wave of banking automation to be introduced here in two years.
Thrift Involvement in Commercial and Industrial Lending.
BANKAMERICA-NATIONSBANK DEAL DONE; MERGED COMPANY HAS $572 BILLION IN ASSETS.
Innovations in banking: customer service means total access.
Orders issued under Bank Holding Company Act.
Check 21 brings efficiency to check deposits.
Bank stepping up the pace with remote deposit technology.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles