PLANO, Texas– Texas Telcom Credit Union has become the first to transition from Catalyst Corporate FCU’s original Bluepoint remote deposit services platform to its new TranzCapture RDS platform. TranzCapture is Catalyst Corporate's next-generation Branch Capture service.
"The navigation seems pretty simple," said Brittani Wright, Texas Telcom's Member Services Manager, following the 30-minute implementation and training session at the credit union.
Dora Allison, the Catalyst Corporate RDS Analyst who brought Texas Telcom online, added, "As the TranzCapture software is web-based, implementation does not require workstation downloads. In most cases, the credit union simply has to point the new software to its existing check scanner and update user permissions in TranZact – Catalyst Corporate's online account management system. The TranzCapture module is housed within TranZact, enabling authorized users to conveniently access RDS activity alongside their other Catalyst Corporate accounts."
In addition to Branch Capture, Catalyst Corporate said the TranzCapture suite of services includes ATM, Mobile, Business (Merchant) and ITM (Interactive Teller Machine). Capture applications are projected to be live by December 2016. Built on the latest technology, the services offer benefits that include cross-platform detection of duplicate deposits, a shared branching feature to properly route returns and optional real-time fraud protection across all deposit channels through Early Warning Services (EWS), Catalyst Corporate said.
Even credit unions that do not use Catalyst Corporate as their RDS provider can use the TranzCapture Image Clear system to archive and view deposit images, as well as provide image delivery to their members, according to Catalyst Corporate, which added that real-time EWS fraud protection is also available to these credit unions.
TranzCapture, LLC, is a CUSO owned by Catalyst Corporate and Naperville, ll.-based Alloya Corporate Federal Credit Union.
The corporates said five additional credit unions are in line to transition onto the TranzCapture system in the pilot phase: Baylor Health Care System Credit Union, CE Federal Credit Union, Coast 2 Coast Financial Credit Union, Florida Central Credit Union and Irving City Employees Federal Credit Union. CE Federal Credit Union was among the first credit unions to go live on Catalyst Corporate's original RDS platform in 2006. The majority of Catalyst Corporate RDS user credit unions will transition to TranzCapture in 2017.