VIENNA, Va. – Navy FCU on Friday said it has named WAUSAU Financial Systems its remote capture solutions provider, and is using WAUSAU Financial’s Web-based branch capture application for capture, balance and review of all back counter check images.
The $36 billion credit union has signed with WAUSUA Financial to install its Web-based branch capture as an end-to-end solution, capturing check images and performing centralized balancing and image quality review at its headquarters here. The credit union's cash letter deposits from branch offices around the world will be eliminated and control over forwarding for payment will be centralized.
The platform offers Navy Fed numerous benefits, including efficiencies in presentment of items for payment, transportation, fraud mitigation, float time, member service and per-item cost.
