August 14, 2005
MOSINEE, Wis. - Nearly one-third of the Automated Clearinghouse network's 383 million interbank accounts receivable conversion transactions originated from Wausau Financial Systems' Optima3 ImageRPS remittance platform during the second quarter of 2005. According to a news release, total originations from ImageRPS systems included more than 500 million transactions from March 2002.
"As ARC volumes continue to grow significantly, Wausau's ImageRPS remittance clients are successfully meeting their business needs and reaping the rewards that electronic clearing with ARC provides through our integrated ARC functionality," said Mike Tallitsch, product line manager for remittance solutions at Wausau.