Addison Avenue FCU Signs For EasCorps DeposZip Mobile Remote Deposit
PALO ALTO, Calif. – Addison Avenue FCU said yesterday it has signed with EasCorp FCU’s Vertifi Software LLC CUSO to implement the company’s DeposZip Mobile remote deposit capture service through downloadable software applications for smartphones.
The company said the applications will enable the $2.4 billion credit union to broadly deploy deposit capture technology to members across multiple platforms including Apple’s iPhone and Google’s Android phones.
The applications are developed as free downloads on the App Store and Google’s Android Market. They make use of the phone’s built-in camera to acquire images, and image pre-processing and validation takes place on-device. Checks are processed electronically end-to-end through Vertifi, and deposits are posted to members’ accounts in real time with immediate access to check images.