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From the April-19, 2006 issue of Credit Union Times Magazine • Subscribe!

Digital Insight, BankServ Alliance Brings Remote Deposit To Businesses

CALABASAS, Calif. - Through an alliance between Digital Insight Corp. and BankServ, business clients will soon have access to a remote deposit product for check clearance. The Remote Deposit Image Capture will be available to Digital Insight's Business Banking clients. The product, anticipated to be accessible through secure single sign-on within Digital Insight's Business Solutions ASP platform, enables business customers of financial institution clients to scan the front and back of checks at their place of business and transmit the electronic images over the Internet for processing by their credit union or bank and credit to their depository account, via connections designed to be secure and convenient, the companies said. Financial institutions and their business customers will also have access to images of checks deposited through the Remote Deposit Image Capture service. The new technology capitalizes on the initiatives of Check 21 legislation and Accounts Receivable Conversion rules implemented by the National Automated Clearinghouse Association. The recent agreement between BankServ, which supplies bank-branded Check 21 and Accounts Receivable Conversion services for the banking industry, and Digital Insight, an online banking provider, expands on a partnership both established in 2003.

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