NewgenONE Platform for
Cheque Truncation System
Accelerate cheque processing with an AI-driven Cheque Truncation System (CTS), ensuring fraud prevention, seamless reconciliation, and operational efficiency in a secure, paperless environment.
Digitize how cheques are processed, cleared, and settled with our ICCS-compliant Cheque Truncation System (CTS). Fast-track cheque processing in a paperless environment. Ensure better cheque reconciliation, fraud prevention, and overhead reduction for physical cheque clearing. Additionally, enhance customer service and boost operational efficiency.
Features of Cheque Truncation System
AI-powered Multi-channel Cheque Clearing Initiation
AI-assisted omnichannel support for cheque clearing includes outward scanning, Post-Dated Cheque (PDC) processing, corporate cheque scanning, remote scanning, and mobile cheque capture. It integrates with cheque deposit kiosks and supports both outward and inward clearing, as well as returns. The system adheres to central bank guidelines for image quality analysis.
Secure Cheque Archival and Access
Built-in centralized archival of cheque images and corresponding data. Achieve extensive search and retrieval capabilities. Volume independent archival with easy and quick search capabilities. Get end-to-end process monitoring to remove operational bottlenecks. Ensure comprehensive reporting and audit trails for better compliance and continuous process improvements.
Robust Integration
Ensure tight integration with core banking systems, including T24, Flexcube, Finacle, and more. Get support for extensive list of cheque scanners. Support third-party applications, such as middleware and message queues, for a seamless cheque-clearing experience.
Customers
Customers
