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Hidden costs of check processing

Question: 
What are some frequently overlooked cost drivers in check processing?
Answer: 

Check fraud, duplicate checks, chargebacks, returns, and back-office inefficiency can all negatively impact the efficiency of a financial institution and lead to increased costs. Leveraging modern software platforms can help banks and credit unions improve automation to ultimately reduce risk and operating costs.

Learn about check processing costs.

Vendor: 

Alogent provides proven, end-to-end check payment processing, digital, online, and mobile banking, and enterprise content and information management platforms to financial institutions. Our unique approach spans the complete transaction ecosystem —capturing and digitizing transaction data, exception tracking, and automating entire transaction and loan management workflows so that information is available across the enterprise.
www.alogent.com

marketing@alogent.com
+1-678-966-0844

First published on 10/15/2023

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