VISTA, Calif. (11/30/11)--Bluepoint Solutions, a provider of remote deposit capture, item processing and enterprise content management solutions, has launched a mailroom processing solution that complies with Check 21 rules.
The latest addition to the ImagePoint suite, ImagePoint Mailroom, allows financial institutions to capture and electronically process both deposits and remittances, including credit card, mortgage, auto and other loan payments, received in the mailroom.
Bluepoint's ImagePoint Mailroom application software is a service-based, automated processing tool designed to scan, sort, apply and split remittances and deposits; validate the data; and export it for clearing, posting and archiving. The Web-based application operates in a cloud environment with no local software to install or maintain.
"Financial institutions of all sizes need to constantly evaluate new technologies that help them improve productivity, particularly in payments processing," said Hal Tilbury, Blue point CEO and founder. "Back-office remittance and deposits are areas where financial institutions of all sizes can leverage the benefits of electronic processing to lower costs and boost efficiencies."
Bluepoint's ImagePoint Mailroom application interacts directly with the institution's existing host system, loading all current, expected receipts--plus all current account information. Operators perform a pre-sort and then scan remittances, which the system matches to the expected receipts and account information, presenting unmatched items to the operator in an automated queue for review.
Upon completion, the system generates a cash letter file to be included with all other items for clearing and archival, and a posting file that goes back to the host system and/or to separate accounting systems.
CHICAGO (11/30/11)--RISC Networks, a provider of business technology analytics, will host a webinar on managing wide-area network (WAN) performance at 12 p.m. (ET) today.
Recent membership growth has put increased pressure on credit union information systems, said the company. One of the most important affected areas is wide-area networks. During the webinar, "Build Your Roadmap to Successful WAN Performance," Jeremy Littlejohn, chief analyst of RISC Networks, will provide a step-by-step overview for optimizing a network to withstand unforeseen growth issues.
RISC Networks uses IT Analytics, a system of analysis and data-reporting tools and services that provides data to help clients optimize the reliability, scalability and performance of their information technology infrastructure.
To optimize the network, organizations must first have a thorough understanding of the needs specific to the industry and the state of their particular network, Littlejohn said.
"Credit unions have a mix of real-time, near real-time, and background applications," he said. "In most environments we see, the background traffic is the biggest user of bandwidth and has the greatest one-to-one traffic growth with member-account increases. Increases in membership mean increases in background traffic and impacts on member-facing services."
Credit unions attracted 700,000 new member accounts within a short period of time preceding the Nov. 5 Bank Transfer Day, according to the Credit Union National Association. That growth surpassed the 600,000 new members acquired during the entire year last year.