by
Catalyst Corporate | Aug 16, 2022
Think about how check processing looks today versus 20 years ago. Filling out long deposit slips and endorsing piles of paper checks is, for the most part, a thing of the past.
Today’s check solutions allow financial institutions to capture the electronic copy of the check for verification, processing and deposit. This cuts down trips to local branches, reduces risk, and makes deposits available to consumers sooner. Other technologies, like remote deposit capture, have evolved alongside check processing.
What if outsourcing these operations could provide more in terms of economy of scale and back-office efficiencies? The best of both worlds does exist.
Meet TranzCapture – Catalyst Corporate’s all-in-one solution that combines innovative technology with advanced features and risk controls to help credit unions with both check processing and remote deposit capture services. TranzCapture is an internet-based platform with fast and easy deployment.
Cutting-edge technology and stand-out features
The suite of next-generation remote deposit services includes branch, teller, ATM/ITM/intelligent kiosk, mobile and business capture applications, as well as Image Clear for non-TranzCapture deposits. As a customizable solution, TranzCapture is stacked with services that enable credit unions to select options that meet their needs. The deposit services suite provides intuitive, time-saving features, such as duplicate deposit detection.
Credit unions receive flexible deposit risk review settings, expert implementation support, ongoing assistance and real-time and batch fraud protection services across all deposit channels.
Share draft processing capabilities
In addition to deposit services, why not consider Catalyst share draft processing? You can count on Catalyst to ensure your posting file is perfected, returns are processed and adjustments are resolved – all part of the service. Credit unions and their members can conveniently access online images with a seven-year archive.
Credit union-owned and operated
Did we mention TranzCapture was created for credit unions, with input from credit unions? This suite of item processing and remote deposit capture services is the only comprehensive, credit union-owned solution. Catalyst Corporate, along with three other corporate credit unions, owns TranzCapture, LLC, which provides the ability to implement service enhancements and control system costs.
Nearly 4,000 credit unions are represented by the cooperative power behind TranzCapture. Aggregation translates into savings and convenience, as it reduces credit union labor.
Consolidate all your credit union’s item processing operations and remote deposit capture services with TranzCapture. To discover the difference it could make at your credit union contact us today.