August 8, 2014— Remote Deposit Helps Extend Reach, Member Engagement
LOS ANGELES, CA (PRWEB) AUGUST 08, 2014
MED5 Federal Credit Union announced today its members can deposit checks from their smartphones with mobile remote deposit capture from industry partners CheckAlt, CU Wireless and iParse. With this solution, MED5 members will have the mobile capture option included as part of their mobile banking application.
“With our mobile deposit application, we are extending the reach of MED5 while offering its members more freedom in how they interact with their credit union,” said Shai Stern, CEO of CheckAlt. “This mobile extension of core credit union services is essential to continued member engagement and satisfaction.”
MED5 marks another successful mobile deposit application implementation from CheckAlt, CU Wireless and iParse. This client further builds upon the companies’ growing network of credit unions using their mobile solutions.
CheckAlt is a leader in Check 21 payment processing products for financial institutions and business customers. With products such as eChecks, Item Processing, Remote Deposit Capture (RDC), Mobile Payments, and Lockbox Services, CheckAlt’s solutions help financial institutions improve their internal operations, banks attract and keep business customers, and merchants of all types who need a cheaper, more efficient way to get paid. Find out more about CheckAlt at http://www.checkalt.com.
iParse is a mobile banking technology provider, developing innovative smart phone applications for the financial services industry including the patented Point and Capture technology which recognizes checks and captures their image automatically.
About CU Wireless
CU Wireless is a 100% credit union owned CUSO based in Salem, Oregon. Through innovative technologies and partnerships, CU Wireless offers mobile services to credit unions and members throughout the United States.