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Fast ATM Image Capture
AFS ATM Capture
Advanced Financial Solutions, Inc. and Infonox
As financial institutions turn to electronic transaction processing, clearing and exchange, two software companies - Advanced Financial Solutions, Inc. and Infonox - have integrated their solutions to further this shift. The result of their integration, called AFS ATM Capture, captures images of items deposited at ATMs.
Advanced Financial Solutions, Inc. (AFS) provides image-based processing, payment and transaction software for banks and retail, energy, insurance, transportation, credit and government operations. Infonox develops software that allows businesses to deploy and manage transaction services. Infonox's product, Active Payment Platform, enables businesses to deliver services to PCs, POS terminals and ATM machines.
AFS ATM Capture, powered by Infonox's Active Payment Platform, equips financial institutions' ATM machines with the ability to capture images of both check and cash transactions at the time of deposit instead of later on at the traditional central bank or processing center. Checks and cash are image-scanned into a bank's system as they are being deposited into the ATM.
AFS and Infonox say image capture at the point of deposit can provide many benefits to financial institutions, such as a decrease in back-office processing costs. Also, with image capture initiated at the ATM, fraud is more likely to be detected at an earlier stage, funds are more readily available, any adjustments on ATM deposits can be made in a more timely and accurate manner and courier pickups of envelopes filled with checks and cash can be less frequent.
Advanced Financial Solutions, Inc.
International Corporate Center
1200 Sovereign Row
Oklahoma City, OK 73108
800-554-8095
info@afsimage.com
www.afsimage.com
Infonox
2350 Mission College # 250
Santa Clara, CA 95054
408-980-9888
info@infonox.com
www.infonox.com
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