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Rosetta Technologies teams up with WesCorp to service credit union's IRD printing

Friday, May 28, 2010

Press release from the issuing company

Tampa, Fla. - Rosetta Technologies, a leading provider of MICR printers and IRD and check printing software solutions, announced that WesCorp Federal Credit Union has chosen Rosetta Technologies' IRD Express Pack for their member credit unions using WesCorp's IRD Now! - Electronic Check Image Return Solution.

Rosetta's IRD Express Pack contains everything a credit union needs for printing return IRDs from files downloaded from WesCorp's Member Center. In addition to providing users with an affordable and cost-efficient printing solution, the IRD Express Pack includes a MICR IRD printer, MICR toner cartridge, IRD paper, and a premium service plan.

WesCorp's IRD Now! offers users the ability to access their return items by 6:00 a.m. Pacific Time, the same day they are received from the Federal Reserve Bank, a far departure from current return processes where institutions must often wait a day or more to receive their return items.

"In looking at how WesCorp could enhance its check collection services, we recognized the value in offering an electronic returns solution like IRD Now!, given its ability to create substantial cost- and time-saving benefits for our members," reported Matt Jamison, Director of Product Management for WesCorp. "Rosetta's IRD Express Pack was the icing on the cake. It helps to ensure that once members receive their items they will be able to print, quickly and easily, high-quality and standards-compliant IRDs on a consistent basis, while at the same time, saving them money and increasing their efficiencies."

When combined, WesCorp's IRD Now! and Rosetta's IRD Express Pack will allow credit unions to reduce their potential exposure to NSF losses, save on shipping costs and reduce their per item fees. Credit unions will also discover an added benefit-increasing internal efficiencies by reducing manual efforts related to IRD processing.




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