May 15, 2015 — CheckAlt’s ATM Deposit Automation Solution Helps Banks Improve Operational Efficiency and Mitigate Risk
LOS ANGELES (PRWEB) MAY 15, 2015
CheckAlt today announced Zions Bancorporation has renewed its partnership with them to continue providing automated item processing for 327 ATM terminals across 5 financial institutions. More than 150,000 items are processed on a monthly basis.
“We are proud of our partnership with Zions Bancorp, which began in 2009, and of our ability to help efficiently process their ATM check deposit transactions,” said Shai Stern, co-chairman and CEO. “Our goal is to provide leading edge processing and payment solutions which help financial institutions improve efficiencies, lower costs, mitigate risk and ensure an exceptional customer experience.”
CheckAlt ATM Processing automation works directly with image-enabled ATMs to efficiently process check images and data captured when customers make an ATM deposit. CheckAlt seamlessly consolidates these items into Image Cash Letter files for prompt and accurate clearing.
About Zions Bancorporation
Zions Bancorporation is one of the nation’s premier financial services companies, consisting of a collection of great banks in select Western markets. Zions operates its banking businesses under local management teams and community identities in 11 Western and Southwestern states: Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The Company is a national leader in Small Business Administration lending and received 24 “Excellence” awards by Greenwich Associates for the 2014 survey. In addition, Zions is included in the S&P 500 and NASDAQ Financial 100 indices. Investor information and links to subsidiary banks can be accessed at zionsbancorporation.com.
CheckAlt is a leading provider of Check 21 application & processing solutions such as eChecks, Remote Deposit Capture (RDC), Mobile Payments, Lockbox and Item Processing. We help financial institutions improve processing efficiency, lower expenses and mitigate risk from all capture points. Our innovative white label payment solutions help financial institutions attract and maintain high-value commercial and small business customer relationships. We help all types of merchants who need an economical and more efficient way to get paid. Visit http://www.checkalt.com for more information.