(PRWEB) May 4, 2005
NetDeposit, Inc. (http://www.netdeposit.com), an innovator in Check 21 software and leading provider of franchise-building software solutions for the financial industry, today announced the company has just completed corporate re-branding that includes new product names and a redesigned Web site. These re-branding activities deliver better-defined solutions to financial institutions, and reflect industry advancements. There is an acknowledged trend whereby major cash management banks are taking advantage of the revenue generating and customer relationship building opportunities of the Check 21 environment - The C21 Marketplace. NetDeposit, founded with a mission to design revolutionary software solutions to leverage Check 21 legislation, enables financial institutions to benefit from the new opportunities that exist in the C21 Marketplace.
NetDepositÂs NetCaptureÂ and NetConnectÂ family of products work in conjunction with financial institutionsÂ existing paper payment platforms, to provide complete distributed capture and electronic processing. The NetCapture software product family powers a financial institutionÂs remote check capture strategy.
Â NetCapture Business: Industry-leading remote corporate capture platform
Â NetCapture ICL: Secure landing zone for accepting deposit and cash letter files from a financial institutionÂs image-enabled corporate customers and correspondent banks
The NetConnect software product family delivers a platform to concentrate, process and connect electronic check data to internal posting and external clearing channels.
Â NetConnect Decision GatewayÂ: Centrally routes items for electronic image presentment, IRD or ARC clearing
Â NetConnect IRD: Prepares items, bundles, and cash letters for printing X9.100-140 compliant Image Replacement Documents (IRDs)
Â NetConnect ARC: Enables financial institutions to take full advantage of the Accounts Receivable Conversion (ARC) clearing channel
"NetDeposit is the leader in providing new technology that helps banks win new business and customers in the Check 21 environment,Â said Danne Buchanan, NetDeposit CEO. ÂOur new product names clearly communicate and reaffirm our commitment to provide both remote capture products, as well as provide advanced options that electronically connect to legacy bank systems and to optionally clear items through image presentment, IRDs or ARC.Â
NetDepositÂs product suite is built on a platform designed for security and scalability. The products are designed to deliver mission critical enterprise transaction processing. With more than three years of production experience, NetDepositÂs NetConnect and NetCapture product families deliver the power and promise of check electronification to financial institutions.
About Netdeposit, INC.
NetDeposit, Inc., an innovator of Check 21 software, through its Franchise-Building Technology Platform, delivers the power and promise of check electronification to financial institutions, third party processors and corporations. NetDepositÂs NetCaptureÂ and NetConnectÂ solutions help financial institutions take advantage of the new marketplace enabled by enactment of the Check 21 legislation -- the C21 Marketplace. The companyÂs solutions include tools for distributed capture as well as sorting and routing of electronic items. For over three years, NetDeposit has been remotely capturing and electronically routing items, and currently powers two of the nationÂs largest IRD print networks. The company has processed millions of electronic items.
NetDeposit is a wholly-owned subsidiary of Zions Bancorporation (NASDAQ:ZION), located in Salt Lake City, UT and San Mateo, CA. For information call 1 (801) 273-6067, email: email@example.com or visit http://www.netdeposit.com.
NetDeposit, NetConnect, NetCapture, Decision Gateway, Remote for Business, and C21 Marketplace are trademarks of NetDeposit, Inc., Salt Lake City, UT. All other brand and product names are registered trademarks, trademarks or servicemarks of their respective holders and are gratefully acknowledged. All specifications subject to change without notice.
# # #