BROOKFIELD, Wis. — Fiserv Inc. is jumping into the remote deposit capture market with its own offering, via the company's latest acquisition.
CheckFree's Remote Deposit Capture for Consumers solution allows credit unions and banks to empower their members and customers to scan and deposit checks from anywhere they have a PC, scanner and an Internet connection.
The solution uses the institution's existing online banking portal and security applications, supports any generic TWAIN scanner, and can be installed as a new product or integrated as an add-on to any other remote deposit capture solution, the company said.
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"Banks have successfully used Fiserv and CheckFree remote deposit capture products with their corporate customers for quite some time now. Now the consumer is demanding that same convenience," said Tom Warsop, group president, Financial Institutions, for Fiserv.
"The collaboration between our Fiserv and CheckFree teams allowed us to develop and quickly bring to market this easy-to-use consumer-friendly product that has the potential to change the face of consumer banking," Warsop said.
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