Payment technology

ICBA’s relationship with ProfitStars allows offering of Remote Deposit Anywhere solution

ICBA logoThe Independent Community Bankers of America said on Tuesday that as a result of an enhanced relationship with ProfitStars, the Remote Deposit Anywhere solution will become available to community bank customers.

With the new remote deposit solution, individual and business bank customers can deposit checks using a compatible smartphone, camera-enabled tablet or flatbed scanner.

“Both individual and business consumers are quickly embracing the convenience offered by mobile banking technology,” Dan Clancy, the executive vice president of services at ICBA, said. “Remote Deposit Anywhere offers a great convenience to community bank customers by enabling them to make deposits without visiting a physical bank branch while also automating and streamlining the deposit process for the bank.”

The service provides an intuitive user interface and integrates image processing technologies that ensure accuracy and correct distortions of the check image.

“We are excited to once again expand our relationship with ICBA and we are committed to meeting the critical business needs of their member banks,” ProfitStars President David Foss said. “Our remote deposit solutions enhance the service we provide to regional and community banks by offering the competitive advantage of anytime, anywhere check deposit. Remote Deposit Anywhere offers an outstanding user experience, provides industry-leading imaging technology, and drives material operational efficiencies that will ultimately benefit bank customers.”

Deposit data processed through the service is secured by 256-bit encryption. Additional security measures include audit trails, deposit limits and duplication prevention tools.

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