MOSINEE, Wis., Nov. 2 /PRNewswire/ — Dunbar Cash Vault Services, a division of Dunbar Armored, the nation’s largest independent armored transportation company, and WAUSAU, the leading provider of distributed payment and document processing solutions, today announced the signing of a multi-year agreement to offer retail merchant and bank customers of Dunbar Cash Vault Services the benefits of WAUSAU’s “best of breed” Remote Corporate Capture solution, which will further enhance Dunbar’s Image21(sm) product offering. The three-year agreement extends distributed capture capabilities to customers of Dunbar Cash Vault Services, through an Application Service Provider (ASP) model.
The new WAUSAU Remote Corporate Capture service offering enables retail and bank customers of Dunbar Cash Vault Services to have their checks and other deposit items electronically scanned, processed and transmitted from the secure facilities of any of the Dunbar Cash Vault Services’ sites located throughout the United States.
WAUSAU was named Best of Breed among Remote Corporate Capture solutions reviewed by Boston-based Celent in the respected analyst firm’s “Remote Deposit Capture Vendors: Crossing the Chasm” report published in July, 2006. Based on advanced technology and breadth of features categories, WAUSAU was cited as the overall performance leader.
WAUSAU’s industry-leading Remote Corporate Capture suite includes web- based, PC-based, lockbox and ASP options. The WAUSAU Remote Corporate Capture solution captures deposits and payments at remote locations and accomplishes complete image processing of each item. The solution then electronically transmits balanced and proven images to the client’s depository bank for final electronic clearing.
Utilizing WAUSAU’s solution, customers of Dunbar Cash Vault Services are able to take advantage of the many significant benefits associated with Check 21 legislation, including improved funds availability, geographic expansion without brick-and-mortar investment and the opportunity to improve efficiencies through consolidated banking relationships and reduced processing fees.
“With this new agreement in place, Dunbar Cash Vault Services can now offer our Image21(sm) customers what we feel is the most versatile platform on the market. We are able to image both check items and non-check deposit items, then transmit them in virtually any requested format to one or more receiving end points on behalf of our customers. This is a fantastic opportunity for our customers, should they wish to expand their existing business foot-print,” said Hank Willis, Vice President of Operations – Dunbar Cash Vault Services.
“By utilizing our ASP offering for Remote Corporate Capture, Dunbar Cash Vault Services is able to take advantage of WAUSAU’s industry-leading distributed capture solution features and functionality for its customers,” said Nancy Langer, President – Enterprise Financial Solutions for WAUSAU. “We are very excited about the extended opportunity to partner with Dunbar for joint sales and marketing efforts in the marketplace.”
For more information regarding Dunbar Cash Vault Services and the Image21(sm) solution, interested parties may contact Dave Pote, Vice President Cash Management Services, at 856-786-5200. For more information regarding WAUSAU’s Remote Corporate Capture solutions, please contact Nancy Langer, President – Enterprise Financial Solutions, at 715-241-2358.
The Dunbar Companies, America’s largest independent, 100% American-owned, full-service security organization is comprised of six operating companies including: Dunbar Armored – the largest independent armored transportation service in the U.S. serving major retailers, financial institutions and government entities nationwide; Dunbar Cash Vault Services – state-of-the-art money rooms providing a complete line of cash processing and related management services to major banks and retailers; Dunbar Global Logistics – providing secure transportation solutions for the movement of vulnerable cargo worldwide; Dunbar BankPak – designer and distributor of the world’s finest security containers; Dunbar Guard Services – a Mid-Atlantic region supplier of professionally trained, uniformed guards and Dunbar Alarm Systems – a Mid- Atlantic region designer and installer of electronic alarm and 24-hour monitoring systems.