- Automated Systems, Inc. Announces Release of iTeller™ Update Supporting Virtual Endorsements
Lincoln, Nebraska – July 31, 2009 Automated Systems, Inc. announces an updated iTeller™ version which includes support for optional virtual endorsements.
With the rapid adoption of Check21 electronic cash letters, the passing of physical items between banks, and the Federal Reserve is becoming increasingly less common. For this reason, an enhancement was made in Insite iTeller™ to add electronic or virtual endorsements that place the bank of first deposit information directly onto the image instead of printing it on the physical item.
The main benefits of virtual endorsements are having a clear, legible endorsement that doesn’t appear smeared, smudged, or faded like physical endorsements, saving money by reducing the time and cost of equipment maintenance, and reducing the cost of ink replacement.
Because iTeller™ seamlessly integrates with the core Insite Banking System™, tellers can easily view customer balances and histories in checking and savings accounts, CDs, and loans. This enables tellers to better answer customer inquiries in less time. Transactions made at the teller window are instantly available in Insite™ at all branches, as well as in all online ancillary products, including Online Banking, the ATM module, and Telephone Banking.
About Automated Systems, Inc.
Automated Systems, Inc. (ASI) has built strong relationships with community banks since 1981 to create the technological solutions necessary to address community bank management’s needs. ASI develops and supports software to help its customers operate efficiently and effectively. ASI also provides network support and consultative services to enable clients to maximize the latest technologies.
ASI corporate headquarters are at 1201 Libra Drive, Lincoln, Nebraska 68512, 402.420.6000 or 800.279.7312. For more information about the banking solutions from ASI, visit www.asiweb.com.
About Insite Data Services™
The Insite Banking System™ is a complete in-house or hosted core data processing solution utilizing a 100% Microsoft Windows environment: no Unix, no AS/400 and no mainframe. Automated Systems provides directly integrated solutions: image teller solution, check and document imaging, real-time telephone and real time online banking with remote capture. For more information about hosting from IDS, visit www.insitedataservices.com.