|By Business Wire||
|August 7, 2013 10:02 AM EDT||
Bluepoint Solutions today announced Jackson, Miss.-based Hope Credit Union (HOPE) has implemented its mobile remote deposit capture (RDC) solution QwikDeposit ToGo as part of the credit union’s mobile banking app powered by Malauzai Software.
With 15 branches and 28,000 members, HOPE launched mobile RDC in Dec. 2012 in order to further the credit union’s mission of bringing traditional financial services to economically distressed areas in the Mid South as well as rural areas without convenient access to a branch. HOPE has used Bluepoint’s ImagePoint Branch capture product since 2011, and decided to add QwikDeposit ToGo mobile deposit to bring additional value to its members and use it as part of its campaign to add new members. The credit union added Malauzai’s mobile banking platform to better integrate Bluepoint’s QwikDeposit ToGo and create a cohesive mobile banking app with integrated mobile deposit.
“Mobile deposit is an important feature that helps us reach our members in financially afflicted areas and helps bring new members into the financial system who are currently using alternative financial services such as payday lenders,” said Bill Bynum, CEO of HOPE. “The ability to give low- and moderate-income members a way to deposit a check right from their phone is an essential step in our mission to bring banking to the underbanked. In just four months, we have been able to register nearly 1,300 new users, compared with the mere 800 members who used our previous app during its three years of existence.”
Andrew Tilbury, chief marketing officer of Bluepoint Solutions said, “Mobile deposit has become the baseline standard for mobile banking apps. By working with mobile providers such as Malauzai, we are able to provide a mobile deposit product that can be rapidly deployed to meet consumer demand. In the case of HOPE, we are pleased to help provide mobile deposit as a way to bring innovative banking solutions to those members who do not have access to traditional banking channels.”
About Bluepoint Solutions
Bluepoint Solutions provides end-to-end payment processing and content management solutions to community financial institutions. More than 1,400 credit unions and community banks nationwide have deployed its enterprise technology, including the largest corporate credit unions and credit union service organizations in the country. Learn more at http://www.bluepointsolutions.com.
QwikDeposit, Bluepoint Solutions’ suite of remote deposit capture applications, includes merchant, home and mobile capture points. Designed to interface with any Internet or mobile banking platform, QwikDeposit augments existing Check 21 capture points for seamless back-office and cashletter processing.