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MnIPC Supports CFC Technology’s Mobile Check Deposit Solution

Friday, April 13, 2012 (CFC Technology)

Minnetonka, MN, April 13, 2012 - Minnesota Item Processing Corporation (MnIPC), an independent check processor serving credit unions and financial institutions, is now supporting CFC Technology’s Mobile Deposit® solution.

"CFC Technology has done a nice job with their RDC Managed Services™ program in offering merchant remote deposit services to our credit union clients," said Michelle Carlson, MnIPC Vice President. "Adding the Mobile Deposit® option to our interface allows us to assist our clients in offering affordable mobile capture services that will help them compete with larger, regional financial institutions."

CFC’s Mobile Deposit® solution allows consumers and small business owners to deposit checks into their checking or savings account via their smartphone. Users simply take a photo of the front and back of their checks and submit the deposit to their financial institution through a secure smartphone software application.

"We are pleased to offer Mobile Deposit® capture services to credit unions that utilize MnIPC’s check clearing services," noted Jim Brummer, Product Manager at CFC Technology. "Mobile Deposit® strengthens our existing merchant remote deposit capture services with MnIPC and their member credit unions."

Credit unions will benefit from Mobile Deposit’s® ability to reduce check transactions at the branch, strengthen existing member relationships and attract new deposit members.

About CFC Technology
CFC Technology un-complicates growth for FIs. We help financial institutions strengthen customer relationships and secure new business. How? By providing a seamless, bundled RDC solution tailored to each FI’s specific needs. Our unprecedented RDC Managed Services™ approach includes merchant marketing, installation, insight, and support. At CFC, we deliver the complete package for your RDC needs. For more information, visit www.cfctechnology.com.


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