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October
2007
FOR IMMEDIATE RELEASE:
CATCH21, INC SIGNS AGREEMENT WITH SUN SECURITY BANK TO PROVIDE
CHECKNOLOGY SOLUTION FOR BRANCH CAPTURE AND ELECTRONIC IMAGE
CHECK PROCESSING.
2007-10-15 - Norman, Oklahoma - CATCH21, Inc. has signed
a two year agreement with Sun Security Bank in Missouri to
provide paperless check processing solution for 30 branches
and receive items drawn on Sun Security Bank through Federal
Reserve Bank's Fed Receipt plus product using the CATCH21,
Inc. Checknology solution.
“The innovative management team at Sun Security Bank
makes them a perfect client for our Checknology solution.
The migration of check processing in a post Check 21 world
is where the industry is going rapidly and Sun Security Bank
has already taken steps to capitalize on the potential savings
through their branch capture network.” said Kelly Ingram,
President of CATCH21, Inc. “With Sun Security using
our Checknology service it will allow them to continue utilizing
investments that were made some time ago to capture teller
transactions at their branches, and once scanned CATCH21 will
provide all balancing and processing of these transactions,
while allowing personnel at each branch to continue concentrating
on their core business of banking.”
About CATCH21, Inc.
CATCH21, Inc. offers state of the art item processing, document
management and image capture solutions. CATCH21’s products
include an outsourced, hybrid solution for item processing
for financial institutions. CATCH21’s ‘You Scan
It” philosophy allows financial institutions to scan
their checks either at the teller line, in the back room of
the branch, or at the merchant site. The checks are truncated
at the closest point of presentment and paper trails are minimized.
In addition to outsourced item processing CATCH21, Inc. also
provides professional consulting and support services, as
well as, customized services like DynaClear - the lowest price
transit clearing tool to financial institutions all over the
United States. CATCH21, Inc. has over 100 years of combined
experience in item processing and information technology in
the financial sector. Visit CATCH21,
Inc. on the Web at
www.CATCH21.com.
END OF RELEASE
Contact: Chris Boyd, CATCH21, Inc.
405-701-8111,
chris.boyd@CATCH21.com
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