CheckLogic™ Lite

 

 

CheckLogic™ Lite remote deposit makes depositing checks a snap!  A critical component to your overall e-document strategy, CheckLogic™ Lite is a high-quality, cost efficient, internet based solution that enables your merchants or members to make deposits from their home or business.  Wherever they are, your member simply places the check into their scanner and scans the check using CheckLogic™ Lite’s advanced capture and electronic image forward processing.  Other features of CheckLogic™ Lite include the following:

  • Notifies you of the deposit request and allows you to authorize the deposit.
  • Administrative platform for deposit approvals ensures you don’t accept unwanted risk. 
  • No middlemen or other financial institutions stand between you and your members.
  • Deposit details are accessible by both member and CU staff.
  • A comprehensive workflow allows for an easy system for member and staff that generates a high quality service experience for your members.
  • Provides balancing reports that record the teller, member account and deposit history for full-feature balancing capability.
  • Easy-to-use user interface makes CheckLogic™ Lite a cinch to use with minimal training.
  • CheckLogic™ Lite transactions reduces traditional costs per deposit incurred at credit unions. Compared with an average $1.75 per mail-in deposit, $2.25 per deposit at foreign ATMs, and nearly $3 per shared-branching deposit, transactions using CheckLogic™ Lite bear average costs of less than 45 cents.

Unlike other remote-deposit programs, CheckLogic™ Lite uses the same administrative platform, same cost-structure and same process for accepting deposits from consumer and business members.  CheckLogic™ Lite is about member convenience in doing business with the credit union. With CheckLogic™ Lite, you gain a strategic solution for your members’ remote deposit capture needs and an experienced peer and partner that can ensure your program’s success.

For more detailed product information, or to schedule a demonstration of CheckLogic™ Lite, submit a webform or contact sales at 800.425.7766.