Dolphin Debit partners with CheckAlt for ATM image deposit

Dolphin Debit Access, an ATM management company, has broadened its ATM outsourcing capabilities through an alliance with CheckAlt, a provider of ATM image deposit processing solutions, a press release from the companies said.

The CheckAlt solution automates processing and consolidation of items received via image-enabled ATM, allowing financial institutions to monitor check deposits virtually in real time.

In addition, users can set business rules governing total deposit amount, individual check amount, duplicate suspect, amount changes and MICR data matching. Suspect items can be flagged for review and action before a check is processed forward, the release said.

Dolphin Debit offers turnkey ATM network services for FIs covering every aspect of ATM management from site prep and equipment procurement to system updates, cash management and, now, image check deposit processing and reconciliation.

"Dolphin Debit and CheckAlt both want the same thing for our financial institution clients — to help them lower expenses and improve operational efficiency," said Ben Allen, president of Dolphin Debit. "It is because of this shared vision that our new partnership makes so much sense."

CheckAlt CEO Shai Stern said the two companies together make a "powerful combination" for FIs seeking a full-service ATM solution. "This allows financial institutions to remain focused on executing key strategic initiatives and their business plan."

Topics: ATM Management, Deposits / Check 21, Distributors / ISO / IAD

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