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CheckAlt, CU Wireless and iParse Power Mobile Deposits for Utah Heritage Credit Union

Today, industry partners CheckAlt, CU Wireless and iParse announced that their joint mobile deposit solution was selected by Utah Heritage Credit Union enabling members to deposit checks using their smartphones.

“Credit Unions must continue to position themselves for success as the financial services world is disrupted by technology,” said Shai Stern, co-chairman and CEO of CheckAlt. “CheckAlt and its partners help Credit Unions remain competitive by providing best-of-breed solutions.”

The mobile deposit capture solution enables credit union members to take a picture of their check and deposit it to the selected account via smartphone. CheckAlt, CU Wireless and iParse offer this solution as a separate product, or as part of an integrated mobile banking solution. For more information, visit http://www.checkalt.com or http://www.cuwireless.com.

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About CheckAlt
CheckAlt is a leading provider of financial technology 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 expand their capabilities to attract and maintain high-value commercial and small business member 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.

About iParse
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. CU Wireless offers mobile services to credit unions and members throughout the United States through innovative technologies and partnerships.

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