Compelo Banking is using cookies

We use them to give you the best experience. If you continue using our website, we'll assume that you are happy to receive all cookies on this website.

ContinueLearn More

Valley Savings Bank Selects Open Solutions’ Imaged Payment Technologies

The solution optimises workflow, provides business flexibility and generates fee income

Valley Savings Bank has selected Open Solutions’ Imaged Payment Technologies Group’s “remote deposit capture” software to take advantage of Check 21 legislation and further streamline its check operations processes. It has been reported that Open Solutions’ image-enabled item processing system drives a range of check-processing transports and streamlines a financial institution’s operations. In addition, the solution optimises workflow, provides business flexibility and generates fee income, claims the company.

Ann Durr, president of Valley Savings Bank, said: “Open Solutions provides on-site training for our employees and that is important to our institution. Additionally, in the current environment it was imperative to our organization that we selected a stable, proven provider. As a nationally recognized and respected provider, we feel confident that Open Solutions will be able to meet our needs now and in the future. The industry has witnessed record change this year and partnering with stable providers is very important to our continued success.”

David O’Malley, senior vice president and GM, SSG, IPTG and CFS, said: “Open Solutions provides customized imaging solutions that help financial institutions achieve greater efficiency, profitability and competitiveness. Banks can implement solutions to provide the most cost-efficient clearing path, provide unlimited access to image archives, combat fraud or increase fee income. Additionally, these solutions can be deployed rapidly to anticipate market demands by clients of our financial institutions. Whatever the objective, Open Solutions has a solution that ensures the highest level of operational success.”