Busey Bank, headquartered in Champaign, Illinois, has selected Fundtech as its commercial remote deposit capture (RDC) solution provider.
The bank, which is an existing customer of Fundtech’s wire transfer solution, has added the technology firm’s NetDeposit Business and NetDeposit Receivables to address customer demand for remote deposit capture.
Fundtech claims that its NetDeposit Suite will enable Busey Bank to provide its corporate customers with a secure, scalable, and manageable remote deposit capture solution that includes the risk management, user and system management, deposit review and reporting tools needed to manage all aspects of deployment, centrally.
Busey Bank EVP Cash Management Jason Freeman said: "Busey Bank is committed to providing the best experience possible for our customers.
"With Fundtech’s technology and their remote deposit capture, we are able to do just that. We look forward to upgrading our current platform to a solution that’s more user-friendly — providing greater functionality for our customers."