Oct. 5, 2009 (PR Newswire) --

SALT LAKE CITY, Oct. 5 /PRNewswire/ -- NetDeposit, a leading provider of distributed payment solutions, today announced its latest Remote Deposit Capture (RDC) solution tailored to the small business market segment. The new RDC solution, NetCapture Small Business, will enable financial institutions to deliver the benefits of RDC to the many small business customers they serve through their retail channels.

"There is no denying the success of RDC in traditional commercial banking, but until now, most RDC solutions were too expensive or too complex for financial institutions to pursue wide-scale deployment to their small business clientele. NetCapture Small Business changes that," said Chris Styga, EVP and general manager of NetDeposit's Financial Services Solutions Group. "The small business market is a growing, dynamic segment of our economy and one that financial institutions are eager to serve. NetCapture Small Business is ideally suited for companies that receive a few checks each day and wish to save time by eliminating the need to take their checks to the bank for deposit."

Financial institutions are eager to introduce NetCapture Small Business through their retail bank network because it opens RDC technology to a much larger customer base. The Small Business Administration estimates there are 29.6 million small businesses in the United States. Because NetCapture Small Business is built upon NetDeposit's industry leading NetCapture Platform, it is able to support large distributed capture deployments providing all the deposit review and management tools required for secure and successful operations. As a Web client application it is easy to manage and update, which will enable financial institutions to add new customers quickly.

Addressing a key cost concern of the small business market, NetCapture Small Business enables users to leverage their existing TWAIN-compatible flatbed scanners or all-in-one devices that they already have. Additionally, many inexpensive single-feed check scanners are also supported. NetCapture Small Business is designed with a highly intuitive and easy-to-master interface that makes capturing and submitting check deposits simple and easy for anyone to use.

NetDeposit pioneered the concept of RDC in 1999 and since that time has received a number of patents on its technologies and processes. Because of this, NetDeposit has developed the expertise and reputation as an industry leader for remote deposit capture.

About NetDeposit

NetDeposit leads the revolution in payment technologies that support paper to image processing, distributed capture, and electronic clearing. NetDeposit's Financial Services Solutions Group delivers value to banks, credit unions, processors, and their customers by providing proven payment technologies. With two patents and billions of checks processed, NetDeposit's products and services include remote deposit capture, branch capture, image cash letter processing, and check clearing.

NetDeposit, LLC, is a subsidiary of Zions Bancorporation (Nasdaq: ZION). For information call (801) 716-4800, email pressrelations@netdeposit.com or visit www.netdeposit.com.

NetDeposit and NetCapture are registered trademarks of NetDeposit, LLC. All other trademarks and/or registered trademarks are property of their respective owners.

SOURCE NetDeposit