3176_2632 by niusheng

VIEWS: 5 PAGES: 18

									                            Presentation to
                  Caribbean Association of Indigenous
                                Banks


Eric Dotson, VP                                 November 16, 2004
                   Goldleaf Technologies
• 15 year history in
  electronic payments
• Based in Nashville, TN
• Nations leading ACH
  origination software
  provider
• Over 10,000 licensed                   Puerto
                                          Rico

  users
                                     Trinidad &
• Over 3,000 participating            Tobago


  Financial Institutions
  worldwide
                Goldleaf Technologies
• More than 3,000 Financial Institutions
  rely upon Goldleaf products
  – 900+ ACH Processing FI’s
  – 400+ ACH Origination FI’s
  – 1,300+ Correspondent / ACH Clearing FI’s
  – 400+ FI Websites Hosted
  – 30+ International FI’s
                   Introduction to ACH


    Receiver                      Originator
                ACH Transaction
                     Flow



Receiving                           Originating
Bank                                Bank

               Central Operator
                 Settlement
                                  Growth of ACH in the US
                      US ACH Volume
           18                                            • 8.5 billion ACH transactions
                                                           in 2003; 16.07 billion
           16
                                                           estimated by 2006
           14
           12                                            • 15% Compounded growth
Billions




           10                                              rate
            8                                            • 330 million check
            6                                              conversions in 2003;
            4                                              estimated 10 Billon by 2006
            2                                              (Nilsson Report)
            0
                '97'98'99'00'01'02'03 '04'05'06
            Source: NACHA’s Next Generation Task Force
      ACH Industry Growth Factors
• ACH is accepted as the cheapest transaction
  cost solution when compared to Traditional
  checks, Credit Cards, ATMs, and Wires
• Banks are able to:
  – Increase Fee income      – Reduce Float
  – Reduce operational costs – Reduce Fraud
  – Increase core deposits   – Stickiness
• Businesses are able to
  – Reduce costs               – Reduce Float
  – Limit their return items   – Reduce Fraud
  – Automate payments          – Eliminate Checks
• Consumers…no checks to deposit!
                        Goldleaf Technologies
                   Cost of Handling Payments
$0.60

$0.50


$0.40

$0.30
           $0.56

$0.20                 $0.40
                                   $0.31
$0.10                                        $0.18

                                                     $0.06
$0.00
          Lobby      Drive-up   Night Dep.   Mail    ACH


Source: NACHA
                               Goldleaf Technologies
           Complete ACH Network from Goldleaf




              GOLDNET Server




                                                                   Goldleaf Manager
                                GOLDNET Client



                                                 Goldleaf Client
Internet
                                                                                      Host
 Portal




           Goldleaf Common Infrastructure
                 Goldleaf ACH Technology
                              • Goldeaf Web Client
                                – Web-based ACH Orig.
   ABC Company
                                – Credits / debits
                  Your Bank     – Cross boarder pymts.
Hardware Store                  – Low cost payments
                                – Automate payments
                                – Parameter-based
                                – Secure transmission
                 Internet       – File Import / Mapping
                                – Entitlement structure
                                – Common technology
Remote Deposit of Checks
                       Goldleaf ACH Technology
                                  • Goldleaf Manager
                                    – ACH Processing
                      Your Bank     – Manage origination and
                                      receiving of ACH files
                                    – Complete file analysis
• Automated                         – Risk management
  – returns / NOC’s                 – Transaction warehouse
  – Chargeback of Returns to        – Authorization checks
    Originator
  – routing / transit number
                                    – File consolidation
    conversion                      – Automated fee
  – account number conversion         calculation and offset
                     Goldleaf ACH Technology
• GOLDNET
  –   Private Label Fedline
  –   NACHA based
                                   Your Bank
  –   Web-based
                                                Central
  –   Transfer and
                                                Operator
      Distribution system Bank A
  –   Full Settlement
  –   ACH, eCheck, Image,
      Messaging system
  –   Multi-currency
                               Internet
  –   Secure                                   Central Bank
  –   Custom Messages
                       Goldleaf ACH Technology
• GOLDNET Standard Messages:
   ACH Entry                    International Wire
   ACH NOC                      Large item Return
   ACH Return                   General Mail
   Agency Fed Funds Change      MasterCard Transactions
   Cash Letter Totals           Check Adjustments
   Currency Shipment/Delivery   MICR Return
   Currency Order               MICR Retrieval
   Currency Shipment            MasterCard/Visa Acct Change
   ACH Tax Payments             Principal Fed Funds Change
   ACH Enrollment Form          Safekeeping/Portfolio Auth.
   Exception Item Request       Savings Bond
   Expanded Wire Transfer       Summary of Deposit
   Borrowed Fed Funds Change    Treasury Tax and Loan
   Image Cash Letter
                                Visa Transactions

• Flexibility: Tools to adapt any message format
Full Functions List
                      Goldleaf Technologies
• Web Hosting and DR
   – Host FI, and other business websites using Goldleaf solution
     for easy content management
• GoldIntraNet
   – Web-based Intranet product for Financial Institutions
• Goldleaf Manager
   – ACH processing solution used in over 1,000 Financial
     Institutions
• Goldleaf Client
   – Web-based ACH Origination and file loading with integrated
     scanner options for eCheck
   – Remote Deposit Image Capture Module
• GOLDNET
   – Inter-FI clearing system
   – New ICL Module
                 Summary / Q&A
• Thank you!




                        Eric Dotson
               edotson@goldleaf.com

								
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