The app is available through the Fundtech service bureau and can be added to a financial institution’s existing mobile banking app or offered as a standalone app.
NetDeposit Mobile Express includes such features as multilingual support, locations and contact capabilities, an error detection component to detect and correct missing payee endorsement, duplicate suspects or image validation errors, deposit fraud and detection business rules as well as selective provisioning, multi-factor authentication and no deposit data stored on the device.
In recent news, Fundtech has added US-based metallurgical coal producer Walter Energy to its SWIFT for corporates client list.
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