Accounting and Financial Software
Software expands check processing capabilities of banks.
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Press Release Summary:
Facilitating adoption of Check 21 among large and mid-size banks and their corporate customers, NetCapture Business v5.0 enables users to optimize how remote capture works. Remote deposit enables companies to electronically deposit checks from their offices. Software provides web accessible item search and research capabilities, dual control for deposit approval within customer environment, and multiple reporting options for banks and their customers.
Original Press Release:
NetDeposit Launches NetCapture Business 5.0
SALT LAKE CITY, Feb. 7 -- NetDeposit, Inc. (www.netdeposit.com), an innovator in Check 21 software and the leading provider of remote deposit capture solutions for the financial industry, today announced the availability of its NetCapture Business 5.0. The new software is designed to expand the check processing capabilities of banks and their remote deposit corporate customers, further changing the competitive rules of the industry.
NetCapture Business 5.0 will enable banks and corporations to improve how remote capture works, allowing them to increase market share, retain and up-sell clients and grow their bottom line. In today's competitive financial services environment, these capabilities will help fuel adoption of Check 21 among large and mid-size banks and their corporate customers.
"A number of leading banks and corporations are already recognizing the benefits of Check 21," said Danne Buchanan, CEO of NetDeposit. "The enhanced capabilities of NetCapture Business 5.0 will help drive its widespread adoption and will impact how banks compete for corporate business."
Remote deposit, part of the new era in check processing instituted under Check 21, enables companies to electronically deposit checks from their offices. NetCapture Business 5.0 was developed in collaboration with NetDeposit's banking customers, which include Bank of America, ABN Amro, Zions Bancorporation and Harris Nesbitt, some of the largest cash management banks in the world. Also, because companies can essentially complete their check deposits on premise, banks are no longer bound by traditional geographic boundaries for customer acquisition.
Through NetCapture Business 5.0, banks can provide their corporate customers with a number of improvements in key business functions -- work flow efficiency, make deposits at anytime, no need to leave the office to make deposits, improved access to deposit data, and the ability to consolidate banking relationships.
Among the new software's upgrades and enhancements are:
o Multiple reporting options for banks and their customers
o Web accessible item search and research capabilities
o Automatic client software updates
o One-click installer for ease of customer implementation
o Dual control for deposit approval within the customer environment
o Security and usability enhancements
For NetDeposit, the new version of NetCapture Business represents a milestone in the company's development. Founded in 2003, NetDeposit has established itself as a leading software provider and thinker in the Check 21 space. More than 3,700 corporate locations use NetDeposit software, and the software supports more than 6,000,000 transactions monthly and is growing exponentially.
For detailed product specifications, hardware and software requirements please visit www.netdeposit.com/products_netcapture_business.php or call 1 (801) 273-6067.
About NetDeposit, Inc.
NetDeposit, Inc., an innovator of Check 21 software, through its Franchise-Building Technology Platform, delivers the power and promise of check electronification to financial institutions, third party processors and corporations. NetDeposit's NetCapture(TM) and NetConnect(TM) solutions help financial institutions take advantage of the new marketplace enabled by enactment of the Check 21 legislation -- the C21 Marketplace. The company's solutions include tools for distributed capture as well as sorting and routing of electronic items. For over three years, NetDeposit has been remotely capturing and electronically routing items, and currently powers two of the nation's largest IRD print networks. The company has processed millions of electronic items.
NetDeposit is a subsidiary of Zions Bancorporation (NASDAQ:ZION), located in Salt Lake City, UT and San Mateo, CA. For information call 1 (801) 273-6067, email: pressrelations@netdeposit.com or visit www.netdeposit.com.
NetDeposit is a registered trademark. NetConnect, NetCapture, Decision Gateway, and C21 Marketplace are trademarks of NetDeposit, Inc., Salt Lake City, UT. All other brand and product names are registered trademarks, trademarks or servicemarks of their respective holders and are gratefully acknowledged. All specifications subject to change without notice.
CONTACT: Rahn Rampton of NetDeposit, Inc., +1-801-273-6079, rrampton@netdeposit.com
