Corporate America Credit Union Extends Image Capture to Remote Locations with VSoft's Software.VSoft Now Serves More Than 50 Percent of the Corporate Credit Union Market ATLANTA -- VSoft Corporation, a global information and technology provider of process improvement solutions for financial institutions, announced that Corporate America Credit Union, a not-for-profit financial cooperative serving credit unions throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , has chosen to implement its full suite of remote capture solutions as well as its image exchange, image archive and research software. With the addition of Corporate America, VSoft now serves over half of the corporate credit unions in the U.S., demonstrating its success in solutions designed for a multi-institution atmosphere such as a corporate. "VSoft's solutions provide Corporate America with a full-service, cost-effective system, as well as a reliable system being used by more than half of the corporate credit union network," said Thomas Bonds, President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Corporate America Credit Union. "VSoft's solutions seamlessly integrate, providing a comprehensive system for processing checks. By incorporating the full suite of remote capture solutions into our processes, we foresee fore·see tr.v. fore·saw , fore·seen , fore·see·ing, fore·sees To see or know beforehand: foresaw the rapid increase in unemployment. an improvement in our processing as well as the quality of service we provide our members." Using VSoft's Agile ag·ile adj. 1. Characterized by quickness, lightness, and ease of movement; nimble. 2. Mentally quick or alert: an agile mind. [TM] Branch - Back Counter, Corporate America can capture check images behind the counter at branches. Similarly, VSoft's Agile[TM] Branch - Teller TELLER. An officer in a bank or other institution. He is said to take that name from tallier, or one who kept a tally, because it is his duty to keep the accounts between the bank or other institution and its customers, or to make their accounts tally. solution enables the credit union to capture check images at the teller window within a branch. Both solutions allow check images to be sent electronically to the central processing site, eliminating courier costs associated with physical transportation. The Merchant Capture solution allows Corporate America to offer image capture to its business members, allowing them to scan and capture check images at their remote locations and send them to the credit union to process. "Transportation of paper and delayed funds have become a thing of the past," said Murthy Veeraghanta, president, VSoft Corporation. "With VSoft's remote capture software, Corporate America's members will realize faster check clearing and greater access to funds. Research time will be reduced, allowing Corporate America's employees to focus on member service rather than spending time "Spending Time" is the first single released by Christian artist Stellar Kart. The lyrics describe the band members desire to spend "more time with God". "Sometimes it’s a real struggle to spend time with God. processing and researching paper items." Furthermore, Corporate America will use VSoft's image exchange software to process incoming images from the remote locations for exchange with the Federal Reserve. The Archive and Research solution eliminates the need for storage and filing of paper checks and streamlines the research process. "With the addition of Corporate America, VSoft reinforces its leadership in the credit union market," said Vijay Balakrishnan, chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , VSoft Corporation. "VSoft's solutions are designed with a multi-institution architecture from the outset, and the ease of scalability makes it the best solution to fit the needs of our growing corporate credit union customers. This has allowed us to dominate the credit union market, serving 16 out of 28 processors serving credit unions throughout the U.S." About Corporate America Credit Union Corporate America Credit Union is a dedicated, not-for-profit financial cooperative. Since our inception, we have provided core products and services needed, more recently adding Revolving Demand Loans, Debit and ATM card An ATM card (also known as a bank card, client card, or cash card) is an ISO 7810 card issued by a bank, credit union or building society. Its primary uses are: Please [ improve this article] or discuss the issue on the talk page. areas we have developed offerings including Small Business Solutions, Inc., and CU Compliance Group. Through these achievements we serve credit unions daily. About VSoft Corporation Established in 1996, VSoft Corporation is a global provider of financial technology solutions that improve service, reduce cost and maximize efficiency. Included in Deloitte & Touche's Technology Fast 50 and the 2007 Inc. 5,000, VSoft's solutions are used by more than 1,700 financial institutions worldwide. Its broad image-based solutions include distributed deposit and payment capture across all points of presentment presentment: see indictment. , back office check processing, image exchange, document management, remittance Money sent from one individual to another in the form of cash, check, or some other manner. Financial statements sent by a creditor to a debtor frequently refer to the process of submitting a monthly remittance. REMITTANCE, comm. law. and lockbox Lockbox A collection and processing service provided to firms by banks, which collect payments from a dedicated postal box to which the firm directs its customers to send payment to. operations. VSoft was rated by Celent as "the overall performance leader in advanced technology and breadth of features," and was selected by Bank Technology News as one of The Innovators innovators people who will try new things. early innovators important figures in the farming or client community because they are the leaders in the introduction of new techniques and management systems. 2007, an annual ranking of the 25 most advanced people, companies and technologies in the financial industry. Customers include banks, credit unions, savings institutions, transaction processors, governments, utilities, telecommunications and retail organizations. VSoft's proven products and services ensure versatile and rapid delivery of solutions to mission-critical needs. For more information call (770) 225-7692 or visit vsoftcorp.com. |
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