Ensenta's end-to-end RDC (Remote Deposit Capture) integrates with a financial institution's existing risk management program based on that financial institution's tolerance for risk.
This end-to-end support, called Straight-Through Deposit Processing enables robust Risk Assessment of both Legal and Compliance Risks, and Operational Risks.
Ensenta's web-based technologies combined with true end-to-end deposit process automation provides Straight-Through Deposit Processing to financial institutions with Real time controls for each stage of the RDC process:
- Securely capture image deposits
- Implement Risk factor analysis based on the financial institution's risk tolerance level
- Data verification by the User
- Determine funds availability
- Provide real time exception review, adjustment and management for check verification
- Support for existing return processes
- Transport the image for check clearing and settling with Image Processors
Ensenta's flexible web-based architecture is the key to making Straight-Through Deposit Processing a reality.
The power of the application resides server-side at Ensenta. In this software as a service model, financial institutions buy a subscription to the service vs. an expensive upfront license. Software is always up-to-date with the latest version and patch.
Financial Institutions activate and monitor their remote deposit systems online through Ensenta's web-based applications. Back-office staff with minimal technical expertise can utilize Ensenta's web applications to override hold policies, view check images, and generate transaction reports and more.