![]() ![]() "Secure Transport is provided as a central source of audit logs and also provides the visibility to the actual transfers themselves, where we can see the details of every transfer and then also be able to demonstrate our compliance with the government regulations and protect against any potential legal liability," Welsh says. Called Secure Transport, the platform takes the burden off the IT department and streamlines a number of image-exchange processes, Welsh says. That complexity led the Tukwila, Wash.-based credit union, with $8.6 billion in assets, to purchase an off-the-shelf image-transfer solution provided by Axway. As Welsh of Boeing Employees' Credit Union explains, keeping up with all of those images and having a central location to view transactions has become increasingly difficult for most banking institutions. But it's also increasing transaction volumes and the number of images financial institutions have to manage. The so-called electronification of financial transactions is speeding everything from check deposits to wire transfers.
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