Skip to content

Batch processing vs. transaction level processing for deposits automation

Question: 
Why are financial institutions moving away from batch processing?
Answer: 

Batch processing has long been essential for handling large transaction volumes in the back office, allowing staff to focus on teller line duties. However, it can introduce unforeseen challenges and extra costs, leading to delays. With the rise of digital and self-service channels, newer transaction processing methods now offer reduced costs, lower risks, and greater efficiency.

Learn more about a
transaction level approach to deposits automation.

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 09/22/2024

Filed under: 
Filed under compliance as: 

Search Topics