Public Service Credit Union Expands Relationship with VSoft

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Credit Union Leverages VSoft’s Unified Platform to Add Mobile and Merchant Capture

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VSoft’s single platform delivery offers functionality, like enterprise-wide duplicate detection and risk profile management, that we were looking for in an RDC solution. - David Pierce, CIO for Public Service Credit Union

VSoft Corporation, a global provider of information and technology solutions for financial institutions, announced today that Denver-based Public Service Credit Union has added VSoft’s Mobile and Merchant Capture solutions to its remote deposit offerings.

With over 1.2 billion in assets and 140,000 members, Public Service Credit Union is focused on providing the means for members to achieve their financial goals. Since 2010 the credit union has trusted VSoft for a variety of solutions including: Teller Item Capture, Branch Item Capture, ATM Capture and more. For Public Service Credit Union, an outsourced deployment model using VSoft’s data center works best to meet its needs.

"We are a member-focused organization," said David Pierce, chief information officer for Public Service Credit Union. Pierce added, "We proactively evaluate our member-base and look for opportunities to improve their financial lives. A careful assessment of our members’ needs and of solutions in the market led us to our decision to expand our relationship with VSoft. VSoft’s single platform delivery offers functionality, like enterprise-wide duplicate detection and risk profile management, that we were looking for in an RDC solution."

VSoft has completed seamless integration and is currently in production with a number of mobile banking platforms, including Access Softek, which is Public Service Credit Union’s chosen mobile banking provider. VSoft’s Mobile and Merchant Capture solutions will reside on the single platform already deployed at the credit union and will use the system’s underlying workflows to meet channel-specific needs. Both Mobile and Merchant Capture will strengthen the credit union’s relationship with its members, particularly with its growing number of small business members.

"We are excited that Public Service Credit Union has decided to grow with VSoft," said Murthy Veeraghanta, Chairman and CEO of VSoft Corporation. Incorporating Mobile and Merchant Capture into their RDC strategy will allow them to expand their market to surrounding areas, while providing new, convenient solutions for their account holders. We are looking forward to continuing this partnership."

About VSoft Corporation

VSoft Corporation offers core and payment-processing solutions that improve service, reduce cost and maximize efficiency for financial institutions. Its solutions provide seamless, real-time, high-volume and high-performance transactions across multiple channels and can be delivered in–house, or as an outsourced ASP or SaaS model to best meet the needs of individual financial institutions.

VSoft’s services have been trusted by more than 2,600 financial institutions worldwide. For more information call 770-225-7692 or visit http://www.vsoftcorp.com.

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Rebekah Youngers
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