VSoft’s OnView Business Deposit implemented by CenterState Bank

VSoft’s OnView Business Deposit implemented by CenterState Bank
30.03.2016 09:30 am

VSoft’s OnView Business Deposit implemented by CenterState Bank

Banking , Reconciliation , Corporate Banking

CenterState Bank, one of Florida’s largest publicly traded banks, selected VSoft Corporation’s OnView Business Deposit solution to offer its more than 800 commercial remote deposit capture customers the convenience of depositing multiple checks in a single deposit.

VSoft’s OnView Business Deposit extends the convenience and cost savings of electronic deposit capture and transmission to businesses that receive a regular volume of checks. Commercial accountholders will reduce preparation time, overhead, operational costs and branch visits by depositing checks using a variety of devices. The configurable platform allows institutions to set up their commercial customers to either use a tethered check scanner, mobile device, or both.

“At CenterState Bank, it is very important to provide our customers with innovative solutions,” said Jarrod Hurd, VP and treasury management director of CenterState Bank. “Our goal was to find a long term partner to help us enhance our product offerings, especially for our commercial customers. Due to recent acquisitions and growth, we needed to select a new vendor and convert our customers in a very short time-frame. After an extensive selection process, VSoft’s OnView Business Deposit solution was the best choice. Their flexibility, scalability and resources will be a tremendous asset to help our customers reduce their overall operating costs.”

OnView Business Deposit uses a single platform so the commercial client can be set-up in the same place, using the same interface. This allows CenterState to deliver a unified set of risk management thresholds and a superior experience. The solution is tailored to business’ specific needs including role-based user management and self-administration, as well as multi-location functions. It also allows the teller to focus on other revenue-driving activities while promoting less foot traffic in the branch.

“We view OnView Business Deposit as an avenue for growth for institutions,” said Murthy Veeraghanta, chairman and CEO of VSoft Corporation. “As a highly relevant service, it is important for institutions to offer their commercial customers an innovative solution that is designed specifically to their everyday business banking activities. We look forward to working with CenterState Bank to help reduce their cost of operations, as well as provide their customers with a cost efficient solution.”

 

Related News

Contego chosen by Open Banking to help kickstart retail banking revolution

Contego, the RegTech and compliance specialist, has been chosen by The Open Banking Implementation Entity (the ‘OBIE’), the body created by the UK’s largest personal and small... Read more »

Bricks and Clicks Unite: Metro Bank Takes The Revolution Nationwide With Launch Of Current Accounts Online

Metro Bank, the revolution in British banking, has launched instant online account opening for its current account. For the first time, customers from across the UK can join... Read more »

The research was carried out among 248 senior banking execs, from across the globe, as part of Temenos’ 10th annual banking survey, co-authored with Accenture.

Eight in 10 bankers see Open Banking as more of an opportunity than a threat and 62 percent would be prepared to distribute third-party products through their platforms and... Read more »

Finastra establishes Future of Banking Center of Excellence in Hong Kong

Finastra, a Vista Equity Partners portfolio company, today announced the establishment of its Future of Banking Center of... Read more »

World Finance Digital Banking Awards 2017

As the last year has shown, banks have had little choice but to fully embrace the digital revolution. Today, consumers demand the utmost convenience - and they expect no less... Read more »

Milestone for FinReach – Postbank, Yet Another Major Bank Uses the Account Switch Service

In partnership with the Berlin-based software provider FinReach, Postbank today launches a quick and secure tool for its... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53, +44 (0) 173 261 71 47 Download Our Mobile App