News | April 2, 2009

J&B Software To Showcase Mobile Deposit, eCapture And Electronic Clearing Suite At NACHA Payments 2009

J&B Software, Inc, a provider of enterprise-wide payment processing and content management, will be exhibiting at NACHA Payments 2009 in Orlando from April 5 - 8, 2009. The Company will be located in the exhibit hall in booth #1023 and will be highlighting its Mobile (Mobile Deposit) and Web-based Remote Deposit Capture (eCapture) solutions as well as its Electronic Clearing Suite (ECS) for ARC and Check 21.

J&B's ImageNet Mobile Deposit powered by Mitek allows checks to be deposited from a mobile phone equipped with a camera. This combined solution provides J&B's customers with quicker availability to funds and adds an extra level of convenience by effectively converting a camera-equipped mobile phone into a handheld check reader.

"The addition of ImageNet Mobile Deposit could potentially bring instantaneous capture capabilities to the 30 million people in the United States who have cameras on their cell phones," said Jim McShea, Executive Vice President of Sales for J&B Software. "For example, we are finding that financial advisors and brokers that may be required to deposit funds on the same day that they visit a client, will have the ability to deposit the funds without having to make a trip to their financial institution."

J&B's eCapture solution captures document images at remote or branch locations using a variety of different capture devices that are integrated into the J&B core payment processing software. The web-based solution can be interfaced directly into a client's existing host financial system, like SAP and Oracle, to provide real-time information.

J&B's Electronic Clearing Suite (ECS) is an integrated part of the total J&B solution set that allows for the clearing of both electronic and paper checks via ACH and Image Exchange networks. This solution has the capability to consolidate multiple payment channels like ARC, WEB, TEL, BOC, POP, and Check 21 into a single clearing mechanism and can automatically select the most efficient clearing vehicle for each check at the item level based on the client's business requirements.

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About J&B Software
J&B Software provides payment processing, imaging, electronic content management and capture solutions to businesses worldwide. The Company works with over 160 industry leading organizations including regional and money center banks, insurance companies, mutual funds, credit card processors, brokerage, telecom, utilities, government, non-profit and commercial organizations.

J&B Software's library of core applications and product modules utilize open architecture software and hardware platforms. The Company's extensive application suite includes solutions for retail/wholesale lockbox, remote image capture, ARC/Check 21 electronic clearing, intelligent document recognition, healthcare EOB processing, full-page document management, transaction archive and online customer query.

J&B Software is a wholly owned subsidiary of 3i Infotech, LTD., a global information technology company. J&B Software is a winner of the TAWPI Hall of Fame Award for technology innovation and excellence and its 400+ employees are fully committed to improving the operational effectiveness and profitability our clients. For more information, visit: www.JBSoftware.com

SOURCE: J&B Software, Inc