News

Vero financial services solution offers new features

March 19, 2006

ORLANDO, Fla. - Vero Inc., a Portland, Ore.-based provider of financial services solutions, announced new features with the commercial deployment of its automated check-cashing solution in a news release. Following a successful pilot at California's Palm Desert National Bank, the Vero's solution is now commercially available with enhancements to services, software and hardware. (Read also, ATM leaders gather out West to talk security, fraud, reaching the unbanked.)

Vero's self-service financial solution now offers multiple check-type cashing, support of multiple fee structures and integrated stored-value card loading. The company's proprietary Fraud Decision Engine reflects rules-based improvements to support features that further serve and protect both the customer and the enduser.

Vero also pre-released an assisted workstation hardware upgrade option, manufactured by Kiosk Information Systems.

"Gaining customer input has played a crucial role in helping us advance our solution this past year," said Dave Grano, Vero's chief executive. "Banks who rely on our automated check-cashing solution will benefit immediately from reduction in fraud and improvements in customer acquisition while they prepare to capitalize on future financial self-service opportunities."