News | August 26, 2008

ACHeck21™ Solution Suite With A2iA CheckReader™ Combines The Benefits Of ACH And Remote-Image Deposit Solutions

Source: A2iA Corporation

Diversified Check Solutions integrates A2iA CheckReader into ACHeck21, its industry-leading second-generation remote deposit system

A2iA Corp., a leading provider of tools for document analysis and handwritten data extraction, announced today its A2iA CheckReader™ toolkit, a comprehensive set of tools that locates and reads key transactional information from paper checks and other related-payment documents, has been integrated into Diversified Check Solutions' payment processing solution, ACHeck21™. Diversified Check Solutions, a provider of end-to-end ACH and Check 21 processing systems, developed its solution to provide more than just remote check deposit – it allows for best-route decisioning on how to process a check, integration into most accounting software, as well as robust image archiving and retrieval for internal workflow enhancements.

As one of the first applications that some industry experts are calling "second-generation" remote deposit solutions, ACHeck21 focuses on the needs of the end-users rather than those of the financial institutions. Embedding A2iA CheckReader into the ACHeck21 Solution Suite is an example of this, as ACHeck21 eliminates the need for manual data-entry of information and allows for the automatic decisioning of how to best process a check. A2iA CheckReader also provides ACHeck21 users with the ability to confirm check-image quality and usability according to the latest industry standards.

"The integration of A2iA CheckReader makes the ACHeck21 solution faster and easier to use than ever before," stated ACHeck21 Principal Architect, Bret Hillbun. "This is another step for ACHeck 21 to improve the service and capabilities for our users."

The ACHeck21 Solution Suite can be deployed across all industries -- banks, credit unions, merchants, utilities, local governments, non-profit agencies and small businesses – and is fully compliant with both NACHA and the Federal Reserve's Check 21 guidelines.

With current installations throughout the United States, ACHeck21 intends to deploy their fully scalable payment processing solution worldwide to anyone accepting checks as a form of payment.

About Diversified Check Solutions
Headquartered in Lake St. Louis, Mo., Diversified Check Solutions is a leading provider of financial services technology solutions. We have made it our mission to create, deliver and support quality financial software solutions that provide our customers with all-encompassing tools for success. ACHeck21 is our best-of-breed comprehensive and scalable remote deposit/remote capture software solution that follows an intelligent business workflow and provides a variety of solutions to fit a variety of needs and implementations. For more information, contact Sam Ackley, Managing Partner, at 1-866-632-5415.

About A2iA
A2iA, Artificial Intelligence and Image Analysis, is a software company that operates one of the world's largest research centers focusing on ways to extract information from everyday paper documents that contain handwritten information. A2iA's Document Classification, OCR, ICR and IWR technologies have been reducing data-entry costs and improving business process automation for over 17 years. A2iA recognition engines can be used to enhance the forms processing, transaction processing, business process management, record-management, e-discovery, content management, document management, and knowledge management systems from leading vendors. For more information, please visit www.a2ia.com.

SOURCE: A2iA Corporation