Flux Releases Check Image Exchange White Paper, Shows How To Reduce Banking Costs

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Using existing check image exchange facilities, Flux's new white paper shows how to develop new revenue opportunities and to reduce expenses

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There continue to be opportunies to exploit the infrastructure deployed for check image exchange, yielding cost reductions and new revenue streams for banks.

Today, Flux released a new white paper, "What's Next for Check Image Exchange".

Banks already have sophisticated check image exchange infrastructures in place. However, many more opportunities exist to derive value from existing check image exchange solutions.

The newly released white paper shows how banks can leverage their infrastructure to:

  • Find new revenue opportunities
  • Reduce expenses overall

The white paper previews what's next on the horizon for check image exchange, including:

  • Savings Bond Redemption
  • Canadian Items
  • Least Cost Routing
  • Expedited Processing
  • Early Returns Notification
  • Enterprise Duplicate Detection
  • Big Data and Payment Analytics

"There continue to be opportunies to exploit the infrastructure deployed for check image exchange, yielding cost reductions and new revenue streams for banks. In addition, lessons learned from check image exchange can be utilized to address evolving compliance and audit requirements," said Ron Schultz, Solution Architect for Flux.

Download "What's Next for Check Image Exchange" at:

flux.ly/resources/check-image-exchange

About Flux

Flux orchestrates file transfers and batch processing for banking and financial services. First released in 2000, Flux has grown into a financial platform that the largest US, UK, and Canadian banks and financial services organizations rely on daily for their mission critical financial systems.

Flux was recently praised as a Strong Value in Enterprise Management Associates' (EMA) Workload Automation Report. Part of Flux's success is due to their engineering team’s ingeniously simple approach to managing file processing workflows.

Across platforms and many industry sectors, Flux has simplified tasks surrounding workload automation, ensuring that critical transactions are processed on time. Whether Flux is used as a powerful standalone solution or embedded into a larger application directing tens of thousands of jobs, Flux solutions bring solid business value with efficiencies, precise control, and affordability. Flux delivers it all with a single point of control through the Operations Console for IT Operations and developers alike.

Privately held, Flux's US offices are located in Nevada, Colorado, Tennessee, Hawaii, and Montana. Buenos Aires, Argentina rounds out the locations with all offices providing effective engineering, development, professional services, and technical support to Flux’s global customer base.

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Dave Sims
Flux
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