Summit Financial Solutions Announces New Balancing Module for Image-Enabled ATMs
|
| Posted
:
Mon, 02 Nov 2009 14:05:00 GMT |
| Author
:
Summit Financial Solutions, Inc. |
| Category
:
Press Release |
| News Alerts by
Email ( click
here ) |
|
|
|
|
JEFFERSON CITY, Mo., Nov. 2 MO-SummitFin-New-ATM
JEFFERSON CITY, Mo., Nov. 2 /PRNewswire/ -- Summit Financial Solutions, Inc., a subsidiary of Computer Services, Inc. (CSI) (Pink Sheets: CSVI), today announced the release of a new module for their industry-leading Summit.NET Image-based Payment Processing Platform.
(Logo: http://www.newscom.com/cgi-bin/prnh/20081027/SFSLOGO)
The new Image ATM Balancing Module will simplify the back-office processing and collection of imaged checks deposited at NCR Corporation (NCR) image-enabled ATMs. The new module was developed to provide advanced solutions to NCR users as a result of Summit's partnership agreement with NCR.
Summit.NET's Image ATM Balancing Module allows a bank to seamlessly import imaged check transactions from a network of NCR Image-enabled ATMs, perform CAR and MICR line recognition, balance transactions, and create an industry standard X9.37 file for electronic collection and processing. Combining NCR's ATMs and Aptra Consolidation Server software with the Summit.NET system provides financial institutions with a streamlined system for processing ATM transactions.
In addition to streamlining ATM deposits, this new software module will offer other benefits to financial institutions including extending deposit deadlines, providing labor savings in the branch and back-office, and reducing costs from courier runs and paper costs. Another benefit of this new product is the reduction of fraud from "empty envelope" deposits.
"Summit's Image ATM Balancing Module allows any organization with a network of NCR image-enabled ATMs to focus on providing new products and services to retain its existing customers and attract new deposits," said Ron Thill, President of Summit Financial Solutions. "This new software solution provides the user with a robust solution to streamline the overall workflow of checks deposited at the ATM."
About Summit Financial Solutions, Inc.
Summit Financial Solutions, Inc. is a developer and provider of payment processing software and services. Summit introduced the financial industry's first integrated check imaging solution based entirely on Microsoft's .NET platform. Summit.NET was the first system specifically built to handle the electronic image exchange requirements of Check 21. The Company's open data and image capture, exchange, remittance and lockbox solutions are in service at over 600 banks. Summit, a wholly owned subsidiary of Computer Services, Inc., is based in Jefferson City, Missouri. For more information about Summit, visit www.summitfs.net.
SOURCE Summit Financial Solutions, Inc.
|
Copyright © 2008
PR Newswire. All rights reserved.
|
|
|
|
|
Related
News
Bestselling Author, Daniel Whyte III, Shares How to Get in a "Thanksgiving State of Mind" in "Money Under the Car Seat"
Money Under the Car Seat & Other Things to Thank God For, by Daniel Whyte III with family and friends, is a light and fresh celebration of Thanksgiving. Money Under the Car Seat was written to "rekindle an excitement for Thanksgiving in the hearts of some who have allowed that fire t...
Reportlinker Adds Current Development of Leading Chinese IC Design Houses
NEW YORK, Nov. 25 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
KKBOX Music Services Expands In Asia-Pacific TAIPEI, Taiwan -
Taiwan’s largest music subscription service, KKBOX, today announced the
expansion of its unlimited music download service for PC, iPhone and
Android-based phones in Hong Kong with Hutchison Telecom.
Backed by big-name investors and local telecom giants,
Expanded Salvation Army Thanksgiving Dinner to Feed 10,000 New Yorkers; Ushers in 'Stand Together New York' Campaign, Three-Year Effort to Meet Sharp Increases in Demand for Services
NEW YORK, Nov. 25 /PRNewswire/ -- As the nation faces the most severe recession since the Great Depression, The Salvation Army Greater New York Division is expanding its annual Thanksgiving...
Yingli Green Energy Receives Multiple Business Awards
BAODING, China, Nov. 25 /PRNewswire-Asia-FirstCall/ -- Yingli Green Energy
Holding Company Limited (NYSE: YGE) ("Yingli Green Energy" or the "Company"),
one of the world's leading vertically integrated photovoltaic ("PV") pro...
Biggest Basic Materials Stock Losers were GGR, HAYN, AWC : by Penny Stock Pick Alert (EMAILWIRE.COM, November 25, 2009 ) Dallas, TX - GeoGlobal Resources Inc. (AMEX:GGR) fell 7.39% to close the day at $2.13. The stock hit an intraday high of $2.36. In the last six months the stock went up over 95%. GeoGlobal Resources Inc is an indep..
Today's Biggest Industrial Goods Stock Losers were CPST, GFA, HEAT : by Penny Stock Pick Alert (EMAILWIRE.COM, November 25, 2009 ) Dallas, TX - Capstone Turbine Corporation (NASDAQ:CPST) plunged 3.85% to $1.25. The stock hit an intraday high and an intraday low of $1.32 and $1.21 respectively. In the last six months the stock went up over 86%...
|
|
|
|
|
|
|
|
|