<p>ENGLEWOOD, Colo. & MIDWAY, Utah – Credit union Net banking firm Liberty Cavion and core processor Reed Data, Inc. have partnered to integrate Reed Data's suite of optical imaging and archiving systems with Liberty Cavion's Internet banking solutions. According to Mike Provenzano, Liberty Enterprises Executive Vice President, Internet Applications and Business Groups, anything that a credit union mails to members could be delivered over the Internet, including share draft images, signed loan documents and receipts. "For example, members can access images of their cleared checks faster than a MSR can find the microfiche, load it, find the check, copy it, and mail it," Provenzano said. Credit unions are adopting optical imaging/Net delivery systems in an effort to reduce paper storage and at the same time reduce mailing and delivery costs.</p>
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.