Vertifi’s Mobile Remote Deposit Capture Service More than Doubles the Number of Registered Users in 2012

Mobile Channel Approaches $1billion as it Continues to Drive Explosive Growth

December 6, 2012 – Burlington, Mass. –  Vertifi Software, LLC (Vertifi), a CUSO of EasCorp, announced today that nearly one-half million credit union members are presently registered to use its DeposZip remote deposit capture (RDC) service for households and businesses, more than double the number reported by the company less than one year ago. DeposZip is the credit union industry’s leading RDC service, enabling both consumers and businesses to deposit checks to their credit union accounts from their homes or offices via downloadable applications (apps) for program-supported smartphones and tablet devices, as well as through an Internet-enabled PC and simple desktop scanner.

Company officials credit the popularity and rapid growth of DeposZip to its industry-leading image processing and mobile technologies.

Vertifi also announced several new service users, including $92 million JM Associates Federal Credit Union, Jacksonville, Florida; $25 million McKesson Employees Federal Credit Union, San Francisco, California; $925 million School Employees Credit Union of Washington, Seattle, Washington; and $74 million SRI Federal Credit Union, Menlo Park, California.

There are now 108 credit unions across 30 states using one or more of Vertifi’s DeposZip programs.

About Vertifi Software, LLC
Vertifi Software, LLC (Vertifi) is a credit union service organization (CUSO) of EasCorp. It was established in 2009 to provide payment systems software and services to financial institutions in the United States. Its flagship product, DeposZip®, was the first remote deposit capture service built for household consumers and made available commercially to and through financial institutions as a hosted service. Vertifi presently provides branch capture, image cash letter, mobile banking, software development, and statement rendering services to more than 200 financial institutions. For more information, please call (800) 428-1144, or visit Vertifi at www.vertifi.com.

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