ATLANTA - (08/02/04) -- VSoft Corp. and A2iA (ArtificalInteligence and Image Analysis) said they have integrated VSoft'sBranch Item Capture technology with A2iA's CheckReader to allowfinancial institutions to capture check images at the point ofpresentment in the branch. The combined technologies willautomatically read checks and deposit slip amounts, reducing thelabor-intensive balancing process in the branches. The integratedproduct will help prepare institutions for Check 21 by helping themto better monitor image quality and detect missing fields, such ascourtesy and legal amounts, signature, payee name, payeeendorsement and date.
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The pending $369 million deal would bolster National Bank Holdings' footprint in Texas, where it currently operates as Hillcrest Bank.
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The Minneapolis-based bank has rolled out payroll and bill pay features four months after unveiling a service to monitor card spending. An accounts receivable solution is on deck.
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An alleged scandal involving the LA Clippers is just the latest reputation hit to the beleaguered fintech.
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When JPMorganChase said it planned to charge aggregators for its customer data, it sparked strong feelings on all sides.
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The card brand has added several tools that expand "agentic commerce," which adds artificial intelligence-based automation to shopping, service and checkout, innovation that's becoming popular with payment companies.
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Execs say other banks are still more of a rival for deposits than the digital currency.
September 15