Washington, D.C. (PRWEB) September 30, 2005
ICBA Bancard Inc., the electronic payments services subsidiary of the Independent Community Bankers of America (ICBA), announced its newest product, Remote Deposit Solutions. Through this strategic alliance with Goldleaf Technologies, Inc. of Brentwood, Tenn., community banks will have the technology and support to allow their commercial clients to scan, submit and deposit checks electronically.
ÂFor community banks, remote deposit presents an incredible opportunity,Â said Charles L. Saeman, president and CEO of State Bank of Cross Plains in Cross Plains, Wis. and ICBA Bancard chairman. ÂCommunity banks can advance and retain their small business relationships by putting the convenience of a bank branch into the office of each of their commercial clients. Remote Deposit Solutions from ICBA Bancard represent the competitive edge community banks need to expand their reach and increase efficiencies with their small business customers.Â
Check electronification models, pushed aggressively by ICBA in Check 21 legislation, help community banks accelerate check clearing, improve fraud detection capabilities and reduce check-handling costs. Through remote deposit technology, check images are scanned at the commercial clientÂs location and sent swiftly and securely to the bank, eliminating the need for frequent and after-hours deposits and costly check-handling processes.
ÂWe are very excited about the tremendous response both banks and businesses have expressed over remote deposit,Â said Paul McCulloch, president and CEO of Goldleaf Technologies. ÂAs it requires no additional software and no pre-existing Check-21 readiness, Goldleaf Technologies has designed a web-based remote deposit solution that gives community banks the quickest, simplest entry possible into the ongoing race for low-cost commercial deposits.Â
About ICBA Bancard & TCM Bank, N.A.
ICBA Bancard is a wholly owned subsidiary of the Independent Community Bankers of America, "The Nation's Voice for Community Banks." Since 1985, ICBA Bancard has provided more than 2,000 community banks with equitable access to payment system products and services. In addition to ATM, credit and debit cards, banks have access to merchant services, ATM driving, risk management services, Internet banking and marketing services.
About Goldleaf Technologies, Inc.
Brentwood, TN-based Goldleaf Technologies, Inc., is a privately held financial services company offering Web-based ACH, check conversion, and remote deposit solutions as well as dynamic, feature-rich websites, intranets, and security solutions for community financial institutions. Goldleaf's e-payments solutions help financial institutions attract and retain profitable customers, increase core deposits, and generate recurring fee income. Goldleaf serves over 2,500 financial institutions nationwide. For more information, call (877) 999-BANC or visit http://www.goldleaf.com.
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