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MnIPC supports CFC Technologys Mobile Deposit

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MINNETONKA, Minn. (4/19/12)--Minnesota Item Processing Corp. (MnIPC), a check processor serving credit unions and financial institutions, is now supporting CFC Technology's Mobile Deposit solution.

CFC's Mobile Deposit solution allows consumers and small-business owners to deposit checks into their checking or savings account by taking a photo of the front and back of their checks with their smartphones, then submitting the images to their financial institution through a secure smartphone software application. 

Credit unions will benefit from Mobile Deposit's ability to reduce check transactions at the branch, strengthen existing member relationships and attract new deposit members, the companies said.

Akcelerant teams with ESA on collateral insurance

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MALVERN, Pa. (4/19/12)--Akcelerant, a provider of connected software technology, and Evans, Simpson and Associates (ESA) have entered a partnership to develop integration between ESA's collateral protection insurance services (CPI) and Akcelerant's multiple product lines.

Joint customers using either the Akcelerant Framework or Akcelerant Elements for collections will soon be able to administer their CPI program from one centralized system.

Through the ESA partnership, Akcelerant's financial institution customers can automate CPI claims management, view lender-placed and borrower insurance details, generate reports, and more from a single, real-time interface while simultaneously managing collections with the Akcelerant Framework or Akcelerant Elements.