Electronic Check Processing
Since the early 1980’s, CU*Answers has offered premier Check Processing services to credit unions. The success of CU*Check comes from the quality service provided through our Item Processing Support Team. This dedicated group is trained to provide personalized and responsive client service. They are available to assist with any issue that may arise, including difficult reconciliation and balancing issues. CU*Answers receives electronic check images, processes and transmits check data for credit unions using any DP system, automates returns processing and provides a variety of check image retrieval options for membership and staff.
Learn more about Electronic Check Processing.
CheckLogic is a high-quality, cost efficient solution for branch check capture and electronic image forward presentment. Check image readers capture draft and internal document information. MICR line and courtesy amount information is then converted into a X9.37 file format for electronic forward clearing, and internal document information is captured to facilitate balancing and check image retrieval. CheckLogic uses advanced MICR reading and image character recognition (“ICR”) programs to perform a scan of MICR and non-MICR information on drafts. Additionally, the ICR software enables CheckLogic to incorporate critical account or transaction information not printed on the MICR line during a single pass of the document so it passes through the scanner only once.
CheckLogic Lite’s remote deposit capabilities turn the process of depositing checks into a snap. Member deposits have never been simpler – members simply run received checks through a scanner at their home or business location for capturing and electronic image forward processing.
CheckLogic integration with eDOC Innovation‘s state-of-the-art imaging system, 2020DOC© allows you to retrieve a copy of the draft item any time necessary. CheckLogic’s balancing reports record the teller, check processor and branch location for full-feature balancing capability. Easy-to-use user interface makes CheckLogic operations possible for any employee to use with minimal training.