First Southern Bank Taps Transmodus for Remote Deposit Capture

Before you go, we thought you'd like these...
Before you go close icon

First Southern Bank Taps Transmodus for Remote Deposit Capture

BOCA RATON, Fla.--(BUSINESS WIRE)-- First Southern Bank is pleased to announce that it has selected transmodus to provide remote deposit capture with its check process automation functionality to its business clients. The transmodus check solution allows First Southern Bank's clients to utilize one comprehensive system that handles the entire cycle of check processing.

"We are very pleased to partner with transmodus to provide our clients with their easy-to-use, top-quality check processing automation systems," said Lynne Wines, President and CEO of First Southern Bank. "transmodus provides a check processing platform that will help our clients streamline their operations and focus on their core businesses."

With the transmodus solution, a client simply scans a check from his/her location using a remote scanner, and the deposit is processed. The client receives automatic notifications, custom reporting and can monitor every step of the deposit 24/7/365 in real-time. Additionally, the client can elect to have bad checks automatically placed into a recovery program.

"Our extensive experience in providing remote deposit capture and related check processing automation provides clients with a solution that is simple to set up and to use in single or many location businesses. It also gives them the type of reporting needed to minimize their effort in managing this aspect of their business," said Robert "Jay" McShirley, CEO of transmodus.

About First Southern Bank

First Southern Bancorp (OTC Bulletin Board: FSOF) had total consolidated assets of $1.0 billion at June 30, 2013. The Company provides comprehensive banking products and services through its First Southern Bank franchise. First Southern's strong capital positions it as one of the most secure banks in the United States. The Bank serves Northeast, South and Central Florida with 17 locations in Duval, St. Johns, Broward, Orange, Osceola, Palm Beach, Seminole and Volusia counties. For more information please visit

About transmodus

The transmodus platform offers services that provide check, ACH and credit card payments automation. The company provides payment processing solutions for clients, banks, and channel partners. The transmodus platform is PCI compliant and has completed a SAS 70 Type II audit. transmodus launched the first On-Demand check processing platform in 2002 and the company is now positioned as a leader in ACH processing as a result of careful listening, thinking ahead, and moving forward with purpose. The Company powers, a Cloud-Based solution simplifying payments processing by credit card or ACH. For more information please visit or

Forward-looking Statements: This press release may contain statements of a forward-looking nature which represent our management's beliefs and assumptions concerning future events. Forward-looking statements involve risks, uncertainties and assumptions and are based on information currently available to us. Actual results may differ materially from those expressed in the forward-looking statements due to many factors. We undertake no obligation to update any forward-looking statements to reflect events or circumstances that may arise after the date of this release.


Kip Hunter Marketing
Aimee Adler/Jodi Goldstein, 954-765-1329,

KEYWORDS:   United States  North America  Florida


The article First Southern Bank Taps Transmodus for Remote Deposit Capture originally appeared on

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

People are Reading