FEDChex Releases Version 7 (V7) of iDeposit with Full Integration Of Silver Bullet’s Ranger® API

Silver Bullet - Press Release Archive

Irvine, California – August 4th, 2009 – FEDChex, an innovative company in the payment processing industry, announced today the release of iDeposit V7. This remote deposit/capture software gives merchants with a single unified interface for the deposit of check and cash items across a client’s enterprise.

iDeposit was originally developed by FEDChex to be included with its oneDEPOSIT™ virtual vault solution. Due to client demand, iDeposit has been enhanced so that it can be supported and operated by clients within their own remote locations. The V7 release allows for easier remote support while extending the number of devices supported.

With the release of V7, FEDChex has incorporated Silver Bullet’s Ranger API, extending the full functionality of iDeposit across the spectrum of item-processing scanners supported by Ranger. Now iDeposit supports scanners manufactured by Addmaster, BanTec, Canon, CTS, Digital Check, Epson, Kodak, MagTek, Macerick, NCR, Panini, Pertech, REM, Seac Banche and Unisys.

“At FEDChex, we are constantly asking ourselves, ‘How can we make things easier and cheaper for our clients?’” said Jeff Gordy, VP of Technology for FEDChex. “The release of iDeposit V7 is an answer to that question. We’ve made it easier for our clients to remotely deploy our solutions, and we’ve made it cheaper by supporting their legacy hardware systems.”

Leveraging the combination of in-depth industry knowledge, state-of-the-art technology and extensive business process expertise, FEDChex has developed a robust suite of Check 21 solutions to address contemporary challenges that face merchants and financial institutions in the industry today.

About Silver Bullet Technology, Inc.
Pensacola, FL-based Silver Bullet Technology, Inc. is the industry’s foremost check scanner software developer, offering a comprehensive suite of Check 21 solutions and software tools. Silver Bullet has considerable experience working directly with financial institutions, scanner manufacturers and software vendors. Silver Bullet software tools offer support for scanner independence, the remote monitoring of scanner hardware health, and ensuring data quality at the point of capture. For more information, visit www.sbullet.com

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