Bank Systems & Technology is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Payments

07:33 PM
Connect Directly
Twitter
LinkedIn
RSS
E-Mail
50%
50%

Goldleaf Rolls Out OnX Image Exchange Solution for Correspondent Banks

Atlanta-based technology solutions provider Goldleaf Financial Solutions Inc. has released OnX, an end-to-end image exchange solution.

OnX enables correspondent banks to leverage Web-based delivery and receipt of electronic cash letter and adjustment information while automating back office functions with image-based straight-through-processing. Through OnX, correspondent banks can clear and settle checks and image cash letters for their respondents, passing along significant benefits that include clearing checks at a reduced cost and improved availability of funds.

Goldleaf developed and launched OnX after working with Bankers' Bank (Madison, Wisc.). Based on the success of that project, Goldleaf executives saw an opportunity for correspondent banks to generate additional revenue by changing the dynamics of image exchange into more efficient ways to clear checks and cash letters while creating cost savings for their clients.

Peggy Bresnick Kendler has been a writer for 30 years. She has worked as an editor, publicist and school district technology coordinator. During the past decade, Bresnick Kendler has worked for UBM TechWeb on special financialservices technology-centered ... View Full Bio

Register for Bank Systems & Technology Newsletters
Slideshows
Video
Bank Systems & Technology Radio
Archived Audio Interviews
Join Bank Systems & Technology Associate Editor Bryan Yurcan, and guests Karen Massey and Jerry Silva from IDC Financial Insights, for a conversation about the firm's 11th annual FinTech rankings.