Remote Deposit Capture Validation

The NCR ImageMark NCompass solution provides a remote deposit validation and workflow engine for balancing and completing deposits captured at the ATM, branch or commercial client location for total data perfection.

This remote deposit validation software includes main workflow functions such as keying, MICR editing and sophisticated balance assist aids such as suggestive balance errors with auto correction to ensure operator efficiencies.

The ImageMark NCompass workflow engine also includes:

• Courtesy and Legal Amount Recognition
• On-Us Field Verification (validating MICR data in the image corresponds to data presented in the capture file)
• Advice Adjustments/Notices
• Image Quality
• Assurance and Usability
• Duplicate Item Detection Account Number Validation on Deposits and On-Us Checks
• Detection and Exception Handling of “High Dollar” Items, “Self-on-Self” Deposits
• Foreign Items and New Accounts
• Payee Validation (checking for dollar limit, closed, bad and stop accounts)
• Fraud Detection (using the software OCR result against MICR result to determine a potential fraudulent item)

With Image Exchange at the forefront it is important to note that the ImageMark NCompass Remote Deposit Capture Validation system creates an X9.37 balanced file for image exchange and settlement and will also interface into third party applications.