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A Zero Investment Proposition with value added outsourcing options for banks to leverage all the benefits accruing out of Image
based processing of checks in the emerging Checks Truncation scenario. |
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FTL’s CTS Outsourcing service ZIP brings to Banks, the benefit of :
- • Technology proven across the world from "Paper to follow" model of UK to the latest Check 21 environment in the USA.
- • The transaction processing experience of Forbes Technosys Ltd. that has CTS outsourcing contracts from mid sized premier banks in India.
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Our check truncation outsourcing proposition includes complete outsourcing including but not limited to the following
- • Scanning services at Forbes Check Processing Bureau
- • Inward application provided by FTL at Bank location
- • Interface with Bank application
- • CHI Gateway through a bank
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The Workflow:
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Benefits: |
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• No Investment
- Flexible payment options
- Per transaction fee for CTS Processing |
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• Scalability
- Extend this solution "Pan India" after a satisfactory experience at Delhi
- The solution supports extending the same to other locations in India
- The Security of a long term arrangement - 2/3/4 Years |
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• Trained and Skilled manpower
- Manpower already trained on handling very high outputs and accuracies as needed for CTS
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Straigthrough processing: |
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- • CDKs can be provided as Collection points at High Traffic Locations
- • Please avail of our Straigthrough Processing Service that integrates Image Based CDKs with CTS Outsourcing workflow as an additional input channel for further increasing your reach to the customer.
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Credentials: |
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Technology |
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- • Alogent Sierra solution : The Sierra solution is a mature, proven and tested suite of Payment Solutions. Sierra has to its credit Large installations across the world.
- - Lloyds TSB - the world's largest branch level truncation project with 2200 branches.
- - JP Morgan Chase Bank One - the world's largest teller automation project with 12600 tellers.
- - IPSL - the Largest clearing house in UK processing 74% of the total Checks.
We employ web services version in some scenarios which is successfully working at HSBC for Remote Deposit Automation.
- - Indian banks - Vijaya Bank, Deutsche Bank, Dena Bank,DCB,Dhanalakshmi Bank, LVB,BMC etc.
- • Hardware : Tellerscan Checks Scanners from Digital Check Corporation, one of the largest selling scanners in the world and Servers from best of breed Indian/MNC brands Corporation.
- • Indian banks experience :
- - Check Truncation contracts - Vijaya Bank, Deutsche Bank, Dena Bank
- - Check Truncation outsourcing contracts - DCB, Dhanalakshmi Bank, LVB, BMC
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