VSoft and Diebold Establish Strategic Alliance.Combined Offerings Provide a Cost Effective, Comprehensive Deposit Automation Solution ORLANDO, Fla. -- VSoft Corporation, a global information and technology provider of process improvement tools for financial institutions, announced at the 2007 BAI n. 1. a language spoken in the Dali region of Yunnan. Noun 1. Bai - the Tibeto-Burman language spoken in the Dali region of Yunnan Baic Transpay Conference and Expo that it will certify cer·ti·fy v. cer·ti·fied, cer·ti·fy·ing, cer·ti·fies v.tr. 1. a. To confirm formally as true, accurate, or genuine. b. Diebold's (NYSE NYSE See: New York Stock Exchange : DBD DBD DNA binding Domain (nuclear receptors) DBD Database Design DBD Day-By-Day DBD Database Description dBd Decibels (dipole antenna) DBD Death Before Dishonor (gaming clan) ) ImageWay[R] Automated Teller Machine automated teller machine (ATM), device used by bank customers to process account transactions. Typically, a user inserts into the ATM a special plastic card that is encoded with information on a magnetic strip. (ATM) software for implementation with its server solution. Any ATM with Diebold's ImageWay solution can now seamlessly integrate with VSoft's Image ATM server utility software to capture images at the ATM location for processing in compliance with Check 21 legislation. "The financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. industry continues to embrace and implement the power of deposit automation to provide high quality, self-service deposit transactions for consumers in a cost-effective processing environment," said David Bucci, senior vice president of Diebold's customer solutions group. "This strategic alliance is just one example of how Diebold offers the industry advanced ATM imaging solutions that are more easily implemented into an existing item processing network." Diebold's ImageWay ATM solution uses industry-standard message formats, and incorporates store-and-forward technology to allow assured delivery of transaction information to a VSoft server solution. VSoft's ATM server consolidation solution accepts deposit transaction data including all check images from the ImageWay ATM. Every check and currency deposit is positively matched against the ATM records. ATM balancing workflows are automated, allowing the institution to decrease the resources needed to support multiple ATM's. Following deposit reconciliation, VSoft's solution sends all images to the central check processing site, maintaining a complete audit trail for clearing purposes. "As a result of Check21 Legislation, deposits through imaging ATMs have become a reality," said Murthy Veeraghanta, president, VSoft Corporation. "As financial institutions move towards accepting depository The place where a deposit is placed and kept, e.g., a bank, savings and loan institution, credit union, or trust company. A place where something is deposited or stored as for safekeeping or convenience, e.g., a safety deposit box. transactions on our Image ATM server utility software we see partnering with market leaders such as Diebold a win / win for both organizations." About Diebold Diebold, Incorporated is a global leader in providing integrated self-service delivery and security systems and services. Diebold employs more than 15,000 associates with representation in nearly 90 countries worldwide and is headquartered in Canton, Ohio Canton is a city in the U.S. state of Ohio and the county seat of Stark CountyGR6. The municipality is located in northeastern Ohio and is situated on the Nimishillen Creek, approximately 24 miles (38 km) south of Akron[4] , USA. Diebold reported revenue of $2.9 billion in 2006 and is publicly traded on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol "DBD." For more information, visit the company's Web site at www.diebold.com. About VSoft Corporation A global information and technology provider of process improvement tools for financial institutions, Atlanta-based VSoft Corporation has been offering scaleable, flexible solutions since its inception in 1996. Led by industry experts with a proven track record in excellence, VSoft Corporation is proud of its ability to provide technology designed for easy implementation and migration from the proprietary banking systems of the past. VSoft's experienced systems integration teams ensure that every customer is met with VSoft Advantage. VSoft Corporation has multiple products, services and support that cover back office, operations, 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. processing, Check 21 legislation, and retail functions. These solutions are designed to maximize core efficiencies while reducing operational costs. More information about the company can be found at www.vsoftcorp.com. |
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