Sendpoint

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A line of distributed capture services from all points-of-presentment through Deposit AggregationTM.

Definition: Deposit Aggregation

The ability to collect, monitor, process, report, and direct deposits from multiple points-of-presentment (POPs) for multiple financial institutions. Multi- POP, Multi- Institution- a unique capability offering you maximum flexibility.

Meeting customer demand for enhanced payment capabilities
The distributed capture marketplace is accelerating every day. But where do you start? With merchant, branch teller, ATM, correspondent banks? Do you invest in separate technologies from several providers? How do you optimize total cost of ownership as volumes grow, and how do you bring new services to market seamlessly?

Sendpoint is a line of services that provides for the image capture of items at their source - merchant and corporate sites, branch tellers, branch back counters, ATMs, correspondent banks, and point-of-sale. All services are designed to remove paper from the process, improve service levels, lower the cost of payment processing, accelerate check clearing, and maximize cash flow. With Sendpoint, you choose the order in which you want to offer distributed capture. You control the pace. With variable costs, you get to moderate your investment as volumes grow. All this without the challenges of implementing and operating in-house software.

The services that make up Sendpoint are:

  • SendPoint: Merchant
  • SendPoint: Teller
  • SendPoint: Back Counter
  • SendPoint: ATM
  • SendPoint: Correspondent

Common infrastructure and technology facilitates flexibility
Sendpoint services are based on industry-leading technology from Metavante Image Solutions' DirectTM distributed capture software solution. The infrastructure is managed by Metavante at a secure and state-of-the-art data center with qualified personnel - the entire supporting and delivery capability necessary for a successful distributed image capture service. Metavante maintains SAS 70 approved facilities and networks to ensure that customer information is available only to those employees that have approved access. You gain from Metavante's years of experience in delivering reliable transaction processing services in mission-critical environments.

You gain the benefits of a common solution across all points-of-presentment. You get the full benefits of Deposit Aggregation regardless of the size of your institution or breadth of deployment. Common business rules and updates alleviate the need to manage your send points one at a time. Our robust collection and monitoring ensures that transactions are not lost due to issues related to connectivity from diverse and disparate sending locations. Reporting across points-of-presentment gives you a unique perspective of your entire deposit landscape. Configurable rules allow for additional processing of deposits after central collection. Data perfection from flexible workflows ranging from correction, balancing, image quality assurance, duplicate detection, and ACH conversion. Adding new locations, or launching a whole new point-of-presentment is simplified given the common infrastructure.

Sendpoint puts you in control.
A rich set of benefits

  • Control over pace and breadth of offering
  • Incremental and predictable investment through variable cost
  • Secure and reliable infrastructure from industry leader
  • Complete hardware and software fulfillment and installation service
  • Adoption marketing kit for financial institutions to sell to merchants
  • Seamless ability to add send points or additional services
  • Uniform solution environment through common business rules
  • Flexibility to perform data perfection after central collection through configurable rules