VECTOR Image Exchange Solution

Email This Print

Helping your bank enter the Check 21 world, and prosper in it, this Solution provides the tools for your bank to conduct Electronic Check Presentment as an interim step, or to move directly to image exchange, its operational cost savings and new revenue opportunities.

The VECTOR Image Exchange Solution consists of:

VECTOR: ImageEX^TM positions you to initiate a streamlined method of check processing. After a check's image is captured, the image is transmitted quickly over a secure, managed network to other banks, shortening the traditional settlement process. This component also performs "virtual" reject repair. ImageEX will help you avoid the delays of antiquated ground and air transportation methods, lessen the chance of checks being lost, and eliminate backlogs created by paper checks that cannot be physically transported due to weather or unforeseen events.

VECTOR: Presentment^TM gives you control over the entire ECP operation, including sending, receiving, warehousing and reconciling paper to electronic transactions. Its optional Operational Transparency allows you to implement ECP without changing your normal item workflow.

VECTOR: IQA^TM (Image Quality Analysis) provides image quality protection for both internal bank products and truncated/image exchange items. Selected items are reviewed for three criteria: image quality (Is it too light, too dark, skewed, etc.?); image integrity (Is the image the same item as the MICR record?); and image usability (Is the necessary data present in all legal fields on the check?). Suspect items are reviewed by operators and the unusable items are selected for rescan or return processing.

Read More

Check Processing

• Large Scale
• Check Management
• Image Exchange
• Exceptions
• Returns
• Fraud
• Reconcilement
• Dispute Management
• Research
• Currency Control
• E-Payments
• Broad Range
  • VisionIP
  • VisionRisk