Payments Processing Manager (PPM)

PPM provides an enhanced processing hub-and-spoke model. Capturing and truncating work at the earliest entry points reduces costs for facilities, transportation, and staffing considerations throughout a financial institution’s enterprise. PPM supports numerous entry points for the capture of paper and electronic payments and files presented to the bank from a variety of inbound sources. PPM also provides a groundwork for implementing a streamlined disaster recovery strategy.

 

PPM’s operational workflow leverages enhanced RECO technology. PPM’s RECO utilizes multi-field recognition rates of +85% and an optional full-field RECO for auto-repair of items.

 

PPM applications and processes include:

 

Data Capture

• X9 XML file ingestion

• Paper Ingestion

• ATM Image Capture

• Remote Deposit Capture

• Front Counter-Teller Capture

• Back Counter-Branch Capture

• Cash Vault Capture

    

Data Validation

• FFIEC Compliance Reporting

• IQA, IUA, IIA

• Amount Verification

• Codeline Validation

• Account Translation

• TIFF Scrubber

• Duplicate File Detection

• Duplicate Item Detection

• Payments Rules Manager

 

Data Perfection

• Auto Balance

• Balancing

• Transaction Optimization

• Suspect Review

• Amount Key

• Codeline Correction

• Image Rescan

• Universal Key