Appealing to client institutions that have a growing diversity of deposit capture options but a dwindling volume of checks, Fiserv last week began what it called its source capture optimization strategy that will integrate the capture platforms across an institution’s channels – ATM, teller, merchant, regional and even client-end RDC.
The move, according to a release, frees up the 1,100 banks running Fiserv image capture systems to include CheckFree thin-client, Web-based technology, and do so across all in-house, outsourced and ASP service models. According to a release, Fiserv CBS, Fiserv Credit Unions, Fiserv ITI, Fiserv VISION, BANKLINK, and Fiserv Item Processing solutions will all integrate with the CheckFree solution.
“Banks today are taking deposits from a multitude of sources,” said Christine Barry, research director, Aite Group, in a statement. “Providing a universal platform would allow those sources to integrate seamlessly, creating a simplified, one-stop shop for capture while lowering the total cost of ownership.”