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New product allows deposits from home
BROOKFIELD, Wis. (2/7/08)--CheckFree, a part of Fiserv Inc., introduced its new remote capture product Wednesday. The CheckFree Remote Deposit Capture for Consumers product enables retail customers to electronically scan and deposit checks from any location, using a personal computer, a scanner and an Internet connection. That means consumers could make deposits from home. The product provides simple, easy-to-use functionality for the user without compromising security, fraud identification or processing quality that is required by financial institutions, said CheckFree. The solution will enable financial institutions to reduce operating costs and environmental resources associated with branch operations, back-office processing, and transportation, because checks will be submitted and processed electronically. Fiserv Inc. is a Fortune 500 company that provides information management and electronic commerce systems and services to credit unions and other financial and insurance services industries.


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