i²Check21 will provide you and your clients with fast and secure electronic check processing.
IBT’s branch capture solution streamlines workflow with check image capture, transaction balancing, repair and clearing, and enhances image-based workflow with early-entry of check images into the payment processing system. It delivers savings by reducing peak-time staffing requirements, lengthening end-of-day branch cut-off times, lowering operating costs and optimizing accuracy, while eliminating the need for consolidated, higher-speed image transports.
Check Fraud Prevention
IBT’s i²FraudStop helps you stay ahead of perpetrators by monitoring suspicious behavior, analyzing data to identify new patterns, refining fraud alert systems, and efficiently managing potential fraud cases from detection through notification of the authorities. Customizable fraud filters match your business needs and control handling of suspicious transactions. The signature verification feature compares subtle attributes like angle and pressure in signatures from consumer and business checks to new checks being processed, and will even verify the presence of endorsement on each check. The increase of electronic transaction processing makes i²FraudStop an invaluable asset.
Provide clients with confidence, and create solid workflows by equipping your financial institution with IBT’s reconciliation solution. IBT offers you the ability to reconcile any official images with online images, create a daily log of sales and checks, and match images against the logs to the official documents.
Currency Transaction Report (CTR)
IBT’s i²Check21 solution provides simple, effective, and secure aggregation and electronic CTR forms generated during back office operations. CTR forms are preformatted, based on our CTR database.
Features & Benefits:
- User-friendly interface
- Real-time aggregation from multiple locations
- FinCEN-compliant paperless forms
- Information encrypted and securely stored in the database
- Triple-layer protection for input, review, and submission
- OFAC watch list capabilities
- Multiple transactor capabilities
- Information populates from transaction to CTR
- Configurable reports
- Integrated with i²Teller
- E-filing of completed CRTs to FinCEN