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NetDeposit Launches NetCapture Business 5.0

NetDeposit, Inc. has announced the availability of its NetCapture Business 5.0. The new software is designed to expand the check processing capabilities of banks and their remote deposit corporate customers, further changing the competitive rules of the industry.

NetCapture Business 5.0 will enable banks and corporations to improve how remote capture works, allowing them to increase market share, retain and up-sell clients and grow their bottom line. In today's competitive financial services environment, these capabilities will help fuel adoption of Check 21 among large and mid-size banks and their corporate customers.

Remote deposit, part of the new era in check processing instituted under Check 21, enables companies to electronically deposit checks from their offices. NetCapture Business 5.0 was developed in collaboration with NetDeposit's banking customers, which include Bank of America, ABN Amro, Zions Bancorporation and Harris Nesbitt, some of the largest cash management banks in the world. Also, because companies can essentially complete their check deposits on premise, banks are no longer bound by traditional geographic boundaries for customer acquisition.

Through NetCapture Business 5.0, banks can provide their corporate customers with a number of improvements in key business functions - work flow efficiency, make deposits at anytime, no need to leave the office to make deposits, improved access to deposit data, and the ability to consolidate banking relationships.

Among the new software's upgrades and enhancements are:
- Multiple reporting options for banks and their customers;
- Web accessible item search and research capabilities;
- Automatic client software updates;
- One-click installer for ease of customer implementation;
- Dual control for deposit approval within the customer environment;
- Security and usability enhancements.



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