Advanced Financial Solutions Introduces New Solution Suite for Check Image Exchange

Monday 2 May 2005 16:57 CET | News

Advanced Financial Solutions (AFS), has released the AFS xVision suite. The applications included in the AFS xVision suite ensure seamless interoperability between all the leading check image exchange networks, and when combined with existing item processing operations, provides financial institutions with the critical element required to optimize its electronic payments environment.

Interoperability between image exchange networks will become an increasingly important factor in the industry?s adoption of check image exchange and its continued ability to maximize the benefits of Check 21, with faster, more secure, and more cost-effective payment operations. The AFS xVision suite allows financial institutions, regardless of their processing environment, to exchange check images with thousands of depository institutions in every Federal Reserve District across the country. The AFS xVision suite includes: - AFS xChange - ensures seamless interoperability between the leading national check image exchange networks - the Endpoint Exchange Network, the Federal Reserves FedImage Services, and SVPCo - AFS xIRD - provides an x9.37 file for items that require an Image Replacement Document (IRD). - AFS xReturn - manages the electronic return process for all check image exchanges, including IRD processing. - AFS xCapture - manages the input processing for distributed capture items, from both the AFS Direct suite of remote capture solutions and from other vendors distributed image capture solutions. - AFS xDeposit - designed for a financial institutions commercial depositor that is running the AFS ImageVision platform. - AFS xOPeRA - (Optimum Presentment for electronic Remittance Automation) serves as AFS xVision?s real-time presentment decision engine. - AFS xArchive - automates image file creation for output and storage into multiple check image archive systems. - AFS IQA - (Image Quality Assurance) tests incoming check images for potential image defects and usability problems in compliance with the FSTC Image Quality and Usability initiative.

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Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce