INCHEQS Mobile Capturing

INCHEQS Mobile Capturing serves as a remote capturing tool, which brings convenience to the Bank’s customers to deposit cheques without the need to travel to the Bank. Instead of going through the process of a customer depositing the cheque to the Bank, the Bank uses a shoebox scanner for cheque image capturing. Customers can now make use of mobile phones to capture the image of cheques by taking photographs of the Front and Back sides of the Cheque with a Mobile App. The Mobile App will transfer the cheque images, and the amount of information entered by the customer to the INCHEQS OCS for the clearing process.

Functional has partnered with InsiteMy to install and support a Checking Image Clearing System (CICS) primarily for the banking industry. CICS is an automated electronic system for clearing deposited checks between banks using digital image of the check through the Philippine Clearing House Corporation (PCHC), an agency designated by the Central Bank of the Philippines in processing the digital check deposits of banks. InsiteMy is a leading innovative software solutions provider in Kuala Lumpur Malaysia for the financial services industry.