The Branch Automation: Teller Capture application allows financial institutions to process checks electronically in accordance with Check Clearing for the 21^st Century Act (Check 21 Act) regulations. When financial institution employees (e.g., tellers) scan physical paper checks, the checks are converted into electronic images to allow institutions and their clients the flexibility of processing, managing, sending, and depositing checks electronically. In addition to creating an electronic image, Branch Automation: Teller Capture evaluates the check for fraud and flags suspicious activity, provides end-of-day balancing for tellers, and saves time by eliminating manual data entry while processing a check. Branch Automation: Teller Capture provides real-time integration with Fiserv DNA UX.

Benefits

Key benefits of using the Branch Automation: Teller Capture application:

• Capitalize on Seamless Check Truncation and Management: Advanced scanning capabilities streamline check transactions including the ability to scan checks directly in DNA UX.
• Get Immediate Results: Eliminate downstream paper check handling by starting check image capture at the teller line. No more end-of-day check batching.
• Reduce Fraud: Real-time check validations radically reduce deposited item risk. Suspicious activity is flagged immediately, and the employee is alerted.
• Reduce End-of-Day Balancing: Stay in balance throughout the day and reduce end-of-day (EOD) balancing.
• Reduce Manual Data Entry: Eliminate entering transaction data manually while also improving accuracy and efficiency.
• Focus on the Consumer: By reducing the time spent handling check deposits, financial institution representatives have more time to spend with clients.
• Streamline Clearing: Send electronic cash letters (ECLs) to one or multiple end points for streamlined clearing.