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Description
The Electronic Payment system from Digital Designs enables you to send payments electronically through a secure, one-time-use MasterCard account number. Similar to traditional checks, these payments are designated for a specific vendor and amount, but they eliminate the expenses and inconveniences associated with printing and mailing. By opting for electronic vendor payments, you can actually earn cash back rebates, meaning you benefit financially while making the same payments you currently do! Digital Designs’ Electronic Payments platform is ideally suited for businesses looking to streamline their payment processes. We take great pride in customizing our payment solutions to accommodate a diverse range of industries. Known as Electronic Payments, ePayables, or virtual card payments, this system boasts advanced technology that integrates effortlessly with your operations. It serves as a comprehensive and adaptable virtual card payment solution, significantly reducing the reliance on paper workflows, check printing, ACH transfers, and other costly account management processes. With its efficiency, this platform not only simplifies payments but also enhances your business's overall financial management.
Description
Recognizing the importance of data precision and automation in the fintech industry, Mitek's dedicated research and development teams have introduced an innovative method for check image recognition. This new solution, known as XE™, delivers substantial benefits, such as enhanced straight-through processing rates, by utilizing a recurrent neural network (RNN)-based engine that achieves markedly higher accuracy than competing products. Furthermore, XE™ features a versatile and customizable design that integrates seamlessly into comprehensive payment, omnichannel, and banking systems, enabling automatic identification and extraction of essential check details, including the amount (both Courtesy Amount – CAR and Legal Amount – LAR), date, and payee name, irrespective of whether the writing is in printed form or cursive. Additionally, the toolkit incorporates advanced image quality analysis (IQA) and image usability analysis (IUA) to verify that the check aligns with Check 21 standards as well as other relevant industry and regulatory requirements. This innovative approach positions Mitek as a leader in the fintech space, addressing the growing demand for precise and efficient financial solutions.
API Access
Has API
API Access
Has API
Integrations
IBM Cloud
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Digital Designs
Country
United States
Website
www.ddilink.com/electronic-payments/
Vendor Details
Company Name
Mitek (A2iA)
Founded
1991
Country
France
Website
www.a2ia.com/en
Product Features
Payment Processing
ACH Check Transactions
Bitcoin Compatible
Debit Card Support
Gift Card Management
Mobile Payments
Online Payments
POS Transactions
Receipt Printing
Recurring Billing
Signature Capture
Product Features
Payment Processing
ACH Check Transactions
Bitcoin Compatible
Debit Card Support
Gift Card Management
Mobile Payments
Online Payments
POS Transactions
Receipt Printing
Recurring Billing
Signature Capture