CheckFree Corp. has launched a suite of online banking solutions that will help financial institutions go beyond their traditional brick-and-mortar and geographic footprints by leveraging the Internet to offer new accounts to a broader range of prospective customers.
CheckFree Online Open and CheckFree Online Fund are designed to help consumers establish and fund new accounts in a matter of minutes.
An automated decision-making engine processes the applications based on the financial institution's unique business rules for managing risk, while flagging any exceptions for manual review.
CheckFree Online Transfer allows financial institutions to simplify the transfer of funds between accounts and create new revenue streams.