eDOC Innovations has announced the release of RapidPost, the solution that automatically enables frequent and consistent posting times so mobile deposits become available for members’ use sooner.
“As we continue to build our mobile deposit solutions, our owners wanted a solution that would automate the posting of these transactions on a regular basis. Operational efficiency and predictable funds availability became important, so we built a tool to accommodate those needs. Cooperatively, building solutions with our owners is inherent to our business model,” commented Mark Fierro, Executive Vice President of eDOC Innovations.
Lindsay Beyer, Online Services Project Manager at Fox Communities Credit Union is enthusiastic about the offering: “We have actually deposited more checks with mobile check deposit than one of our smaller branches for the past three months in a row and the volume continues to increase. We are excited to offer our members more posting times and again hope to push volume with this added valuable member experience.”
When eDOC Innovations first released the CheckLogic Mobile application, pilot credit unions wanted to review every check and manually post to the members’ accounts. As volume increased, clients became confident in the business rules built into the solution. “Operational efficiency that drives a lower cost per transaction while improving member service is a win for everyone. Mobile transactions will continue to grow at exponential rates over the next several years. Join us in building solutions for the future,” concluded Fierro.