CheckAlt, CU Wireless and iParse Power Remote Mobile Deposit for Knoxville News Sentinel Employees Credit Union

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Mobile Application Offers Credit Union Members Ability to Deposit Checks from Anywhere, Anytime

Industry partners CheckAlt, CU Wireless and iParse today announced that Knoxville News Sentinel Employees Credit Union (KNSECU) members can deposit checks from their smartphones utilizing the joint CheckAlt/CU Wireless/iParse solution.

“Through the partnership of CheckAlt, CU Wireless and iParse, our clients get a true best of breed solution,” said Shai Stern, co-chairman and CEO of CheckAlt. “Knoxville News Sentinel Employees CU is able to extend their reach while making transactions simple for their members with our mobile RDC product.”

The mobile deposit capture solution enables members of KNSECU to take a picture of a check and deposit it via their mobile device. CheckAlt, CU Wireless and iParse offer this solution as a standalone mobile capture application or as part of a larger mobile banking application.

These most recent customer wins continue a string of successful new credit union implementations for the CheckAlt/CU Wireless/iParse partnership. For more information about the mobile applications, visit http://www.checkalt.com or http://www.cuwireless.com.

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About CheckAlt
CheckAlt is a Check 21 application and processing provider. CheckAlt assists financial institutions in more efficiently processing their items from all capture points within the bank or credit union, and in attracting and retaining business customers with innovative white label payment solutions. Additionally, CheckAlt offers easy-to-integrate APIs for mobile and web developers that want to accept Check 21 payments. Products include eChecks, Item Processing, Remote Deposit Capture (RDC), Mobile, eCommerce, and Lockbox Services.

About iParse
iParse is a mobile banking technology provider, developing innovative smart phone applications for the financial services industry including the patented Point and Capture technology which recognizes checks and captures their image automatically.

About CU Wireless
CU Wireless is a 100% credit union owned CUSO based in Salem, Oregon. Through innovative technologies and partnerships, CU Wireless offers mobile services to credit unions and members throughout the United States.

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Josh Wendroff
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