MOCA Financial Partners with Vertifi to Offer Remote Deposit Capture Services

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– The integration of Vertifi’s remote deposit capture into its payment platform represents a new level of convenience for MOCA’s financial institutions and fintech clients and their customers –

AUSTIN, Texas–(BUSINESS WIRE)–
MOCAa next-generation digital card payment platform provider, is pleased to announce that it has partnered with Vertifi®an industry-leading digital payments developer, to bring Vertifi’s remote deposit capture (RDC) technology, DeposZip®, to its platform, further enhancing the capabilities of the MOCA payment platform.

Today, banking on the go is more important than ever. Gone are the days of queuing at counters to deposit checks. Recognizing this, MOCA is pleased to provide increased convenience when it comes to depositing money into MOCA cardholders’ accounts and cards.

With Vertifi’s DeposZip RDC solution, MOCA customers can offer their customers a convenient way to deposit checks with any mobile device by simply taking a picture of the check. DeposZip is designed with flexibility, efficiency and security in mind, so customers can make deposits easily and securely.

“Today’s banking customer is looking for convenience, whether accessing funds, making payments or depositing money. We live in an on-demand world and financial service providers must keep pace,” said John Burns, CEO of MOCA. “That’s why MOCA considered it essential to provide MOCA cardholders with a way to deposit checks at their convenience as an option to get money into their accounts or cards without going to a branch, and Vertifi’s DeposZip does just that.”

“As a pioneer in remote deposit collection, Vertifi has optimized the mobile deposit process for consumers. Now, DeposZip offers MOCA cardholders the same ability to fund their accounts or cards quickly and easily by depositing a check from anywhere, anytime,” said Andrew Peach, Director of Business Development at Vertifi. “We are excited to bring this innovation to MOCA and the banks, credit unions and fintechs they serve across the country.”

MOCA’s partnership with Vertifi represents the latest step in its mission to provide cutting-edge payment solutions for community banks, credit unions and fintechs. Together with Vertifi’s DeposZip, the MOCA platform offers innovative features such as virtual cards, special purpose cards, single use card numbers and other anti-fraud measures.

“The addition of remote deposit capture is another important step as we continue to develop the capabilities of our payment platform,” Burns added. “With Vertifi’s DeposZip, MOCA cardholders will be able to deposit checks with their mobile device, securely, securely and on their terms.”

About MOCA

MOCA, headquartered in the Austin suburb of Bastrop, Texas, is a fintech company founded and run by community financial institutions and payment industry veterans. With over 125 years of industry experience, MOCA executives have been providing industry-leading financial products to community banks and credit unions for decades. Our reason for being is simple: we believe that people should not have to choose between the personalized and localized service that a community financial institution can offer and the best financial products. We believe you can have both. For more information, please visit mocapay.com.

About Vertifi

Vertifi® Software provides leading payment system technologies and innovative digital solutions to the financial services industry. Its flagship remote deposit capture technology – DeposZip® – was the first of its kind to be commercialized for businesses and consumers. Vertifi’s service portfolio includes mobile apps, statement services, voice-assisted banking technology, and more. For more information, please visit vertifi.com.

Media Contact:

Grace Gay

William Mills Agency

[email protected]

678-781-7221

MOCA Contact:

Kelly Payne

Marketing Director

[email protected]

512-632-7354

Contact Vertifi:

Andre Peach

Business Development Director

[email protected]

800-428-1144 Ext. 3306

Source: MOCA

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