Entries by Daniel Kim

Regulation CC Solution (Availability of Funds and Collection of Checks)

BankInfra’s RegCCinfra is #1 choice of replacement for CSI Watchdog. DEFINITION of ‘Regulation CC‘ One of the banking regulations set forth by the Federal Reserve. Regulation CC implements the Expedited Funds Availability Act of 1987. This act sets certain standards for endorsements on checks that are paid by banks and other depository institutions. In 1987, […]

Web-based Trade Finance System – eTradePlus

Bankinfra has completed upgrade of trade finance system from windows based system to web-based one in June, 2010. It took more than nine months with detailed business analysis with banking experts. The major difference from the previous version is that eTradePlus is developed from the SWIFT framework and communication among the users and customers.

FASB 156 amended to FASB 166

Effective as of June 30, 2009, Financial Accounting Standard Board (“FASB”) incorporated U.S. generally accepted accounting standards in the name of “Accounting Standards Codification (“ASC”). With this, FASB’s Statement No. 156 titled as “Transfers and Servicing” was amended to ASC No. 860 or FASB’s Statement No. 166 with provisions which will influence FASBinfra2 software to […]

DocuFront for Document Management

Bankinfra finally completed a robust Document Management system, DocuFront, expecting that many government institutions, colleges, legal companies, medical institutions, and financial institutions who seek Green paperless environment policy with seamless disaster recovery plan.

Smart Phone Banking

Bankinfra has released its smart phone banking application to replace mobile banking in one of the Los Angeles based bank. The phone O/S has been implemented with Android, Blackberry, and iPhone for user interface linking its host bank’s websites in the format of mobile banking.

eVoucher – Paperless Item Entry

Item Block Entry for paperless item management requires dual control and proper logging procedure. Bankinfra developed eVoucher to automate paperless entry from ITI Core System for block entry user banks. Intranet or web-based version is also available for easy installation. Main feature includes: 1) Dual control, 2) Automatic interface with ITI Core System, 3) Account […]

iStatement Plus – Check Image

Wilshire State Bank and Hanmi Bank selected iStatement Plus from Bankinfra Technology Inc. for thier Check Image Statement and Check Image Viewer. iStatement Plus built in Microsoft SQL Enterprise stores and archives TIFF images in safe and optimized format so that retrieving image is so fast enough. Search criteria is made up of account number, […]

EyesOnIT – Internal Security

Internal control or security becomes more important than ever. Regulators increase reviewing employees’ entry on its core banking system and security. EyesOnIT focuses internal security review on core banking system access and WAN. It also covers technology vendor management. Hanmi Bank installed EyesOnIT last year and added WAN review module last week. Security Administrator can […]

Wilshire State Bank upgrades RegCC

Wilshire State Bank has upgraded Regulation CC compliance software with EZTeller Enterprise from Harland Financial Solutions. Wilshire State Bank wanted to allow every teller to print fund availability notice at Teller Windows using teller printer immediately. RegCCinfra allows every teller to print fund hold notice in immediately after a trasaction. The features include: 1) automatic […]

Safe Deposit Box Management

Center Bank installed Safe Deposit Box Management Software last week. While it tracks all the transactions with exact time stamp, box holders using Driver license scanner makes both customer service representatives and customers convenient Paperless processing environment with database maintenance also makes it possible for BSA department’s research. James, Project Manager, stated that customer representatives […]