Certisoft Solutions Inc., a start-up software company based in Engelwood, Colo., has developed a low-cost automated clearing house origination and receiving system targeted at community banks.

Women's Bank in Denver was the beta test site for the system. "It's very sophisticated," said Louis K. Clain, vice president and cashier at the $110 million-asset institution. "It used to be that you had to have a pretty expensive package on a big mainframe to do everything on the ACH."

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