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Tuesday, April 10, 2012
(VSoft Corporation)
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ATLANTA, April 10, 2012 – VSoft Corporation, a global information and technology provider of process improvement solutions for financial institutions, announced today that it will collaborate with Early Warning Services® LLC, a leader in fraud prevention and risk management. This new relationship enables banks and credit unions leveraging VSoft’s check imaging solutions to further protect against fraud while maintaining a single in-house or outsourced platform.
VSoft’s check imaging solutions will now include Early Warning’s DEPOSIT CHEK® service, a tool that enables financial services organizations (FSOs) to receive responses to help prevent, detect and deter fraud. DEPOSIT CHEK service validates deposit item information and provides notification of potentially high-risk deposits using collaborative data contributed daily to the National Shared DatabaseSM from FSOs across the country.
DEPOSIT CHEK service helps banks and credit unions protect customers and members from check fraud, while also improving customer service with expedited cash back decisioning. The solution adds confidence to FSOs’ front lines and will be available through VSoft’s in-house, outsourced or SaaS delivery models to best meet the needs of individual FSOs.
“Early Warning’s DEPOSIT CHEK service is an ideal fit for VSoft’s collaborative approach to delivering innovative business solutions on a unified platform,” said Murthy Veeraghanta, chairman and managing director, VSoft Corporation. “Its bank-owned infrastructure enables the financial services community to join forces in the global struggle to eliminate fraud.”
About VSoft Corporation
VSoft Corporation offers core and payment-processing solutions that improve service, reduce cost and maximize efficiency for financial institutions. Its solutions provide seamless, real-time, high-volume and high-performance transactions across multiple channels and can be delivered in–house, or as an outsourced ASP or SaaS model to best meet the needs of individual financial institutions. VSoft’s services have been trusted by more than 1,900 banks, credit unions and savings institutions, as well as transaction processors, governments, utilities, telecommunications and retail organizations worldwide. The company’s growth and stability has been recognized by inclusion in the Inc. 5000 list for four years running and featured in Bank Technology News’ 9th Annual Innovator Awards for CoreSoft, its core solution.
For more information call 770-225-7692 or visit www.vsoftcorp.com.
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