SAN DIMAS, Calif. — Check processing has long been a 'raison d'etre' for corporate credit unions.
Check 21 has changed that business dramatically in rapid fashion and, in order to "continue to be relevant," the biggest of the corporates has bought a stake in two well-known names in electronic imaging and paperless innovation in the credit union space.
WesCorp is now a part owner of both California-based Ensenta Corp., a specialist in digital deposits, image cash letters and straight-through deposit processing in the shared branching and ATM channels, and of Digital Mailer, a Virginia-based pioneer in e-statements and e-alerts.
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