Archive

Go to:

August 2017
SMTWTFS
12345
6789101112
13141516171819
20212223242526
2728293031
< Jul Sep >
Leaguer Email Subscription

You are not currently subscribed. Click Subscribe below to receive the Leaguer email.

Catalyst Corporate to Begin TranzCapture Pilot
Tuesday, June 14, 2016 6:40 AM

On the heels of announcing its new TranzCapture remote deposit services platform, Catalyst Corporate has selected half a dozen credit unions to begin testing this summer.

Over the next few months, Catalyst Corporate will test Branch Capture, an integral component of the company’s new platform. In addition to Branch Capture, TranzCapture services also include ATM, Mobile, and Business (Merchant) Capture applications – as well as a new ITM (Integrated Teller Machine) Capture application, anticipated to be available to Catalyst Corporate members by yearend.

Built with the latest technologies in mind, TranzCapture provides an alternative to aging solutions developed a decade ago to respond to the Check Clearing for the 21st Century Act. TranzCapture also provides the ability to add enhancements – specifically designed for credit unions – to the platform, as technology and credit union needs evolve.

Customizing and enhancing the platform in-house provides a true credit union-based solution, introducing additional flexibility over a third-party solution.

“Third-party providers hesitant to fund mature software platforms have slowed the dedication of resources to remote deposit service enhancements, turning their focus, instead, to emerging revenue opportunities,” said Brad Ganey, Catalyst Corporate senior vice president and chief operating officer. “TranzCapture can fill that void, while integrating seamlessly into Catalyst Corporate's online account management system.”

When fully implemented, nearly 600 credit unions will be able to access their remote deposit functionality from within the same system used to manage their other Catalyst Corporate accounts, such as wires, ACH or investments. This adds a new measure of convenience and efficiency to daily operations.

Over the next few months, Catalyst Corporate will communicate details and give credit unions the opportunity to ask questions and prepare for a smooth transition tailored to their specific needs. Webinars and system demonstrations will also be scheduled to increase credit union understanding prior to and during the rollout of TranzCapture.

To learn more about TranzCapture, contact the Remote Deposit Services Support Team at rdservices@catalystcorp.org or 800-442-5763, ext. 7515, option 1.