NEW YORK - Ensenta Corp. has integrated A2iA's check reader into its Self-Service Branch and companion Ensenta Web Services.
A2iA Corp. develops advanced handwriting and print recognition engines. The A2iA CheckReader automatically captures check data and applies complex algorithms to each imaged check.
According to a news release, Ensenta's Self-Service Branch is the credit union industry's first and only shared-branching financial kiosk. Its electronic check exchange process - from kiosk to processor - has been certified by WesCorp and EasCorp.
The Self-Service Branch allows credit union members in the CU Service Centers Network, a cooperative network of credit unions that share branches, to access accounts just as they would in a staffed environment. The system ensures that no-envelope check deposits are easy to make and verify.
Credit unions use Ensenta Web Services to view check images, manage holds, target advertisements and perform other administrative tasks. Ensenta leverages A2iA's check recognition engine to capture check data, including courtesy and legal amounts, payee name, address block, and check date.
"Today's self-service units are revolutionizing the way the public carries out traditional banking transactions," said A2iA president and chief executive Jean-Louis Fages. "We are excited about what this product is doing for credit unions, and we're thrilled to be integrated into a solution that delivers unmatched efficiencies for credit unions while maintaining, even improving upon, their all-important personal touch."
