Geo-Tagging & Fencing Features
Geo-Tagging & Fencing
Making transactions has become much safer because of Vantage Geo-Tagging & Fencing. VSoft’s Vantage Geo-Tagging & Fencing solution allows users to make certain kinds of transactions such as cheque deposits only at authorized locations. Authorized locations are geographically defined and users are authenticated via GPS and IP address. By having access to location data, your bank can more easily spot suspicious activity and can reject unauthorized transactions.
Leverage geo-locations to track transmission and capture locations. By enabling geo-location tracking, your bank can obtain the exact GPS coordinates from where transactions are being made, compare GPS coordinates against IP addresses, and block access based on the geo-fence defined.
IP Address Fencing
Restrict access to internal network IP addresses and detect if VPNs are being used to mask unauthorized access to your bank’s systems. Get notifications on changes in IP addresses, network security settings, and geo-fencing settings.
Unverifiable usage in undetectable locations can lead to a higher chance of fraud, more risk, regulatory costs, and unexpected costs. With VSoft’s solution, you can choose whether to restrict access to a few meters or a few hundred meters of space.
Geo-Tagging & Fencing
The Vantage Suite of VSoft products is designed to simplify processes and save time.
Vantage benefits from VSoft’s commitment to creating products that are safe and secure for your financial institution.
The Vantage Suite is a flexible platform that can be manipulated to fit the needs of your financial institution.
Explore more of VSoft’s PRODUCTS
VSoft’s Roots is a technology-based solution for the Cooperative Credit & Banking structure that aims to assist in their outreach to the rural hinterlands through a two dimensional multi-layered software solution. It handles the entire lifecycle of all types of agriculture loans with farmers at one end and Primary Agriculture Credit Cooperative Society (PACS) and the DCC Bank at the other.
Wings is VSoft’s state-of-the-art, comprehensive Core Banking Solutions (CBS) product suite, created in a leap of faith, using web technologies and open source systems right from the very inception in order to meet the requirements of the constantly changing, and often disruptive, techno-financial environment.
VSoft’s OnView Cheque Tracking Portal (CTP) enables Bank Operators to view item details and images of the items captured during the prime pass on the sorter as well as archived items. Operators can use the browser-based interface to quickly research customer data, transaction data, and item images from remote locations.
Cheque Image Capturing
VSoft’s OnView Branch Deposit increases efficiency for your staff by simplifying back-office operations. Disparate back-office systems can cause a negative ripple effect across your financial institution, absorbing time and labor that could be allocated to other impactful tasks.
VSoft is one of the largest cheque truncation service providers in the country, with a client portfolio that includes major public sector, private sector, and co-operative banks. Fully compliant with RBI’s cheque truncation guidelines, VSoft’s BPO infrastructure for cheque processing is capable of processing over 15 lakh cheques a day.
The OnView Remote Deposit Capture (RDC) product suite brings convenience and cost savings right to your palms. You save by depending less on data entry and more on automated operations which process more cheques in less time. You enjoy convenience by creating a paperless environment where all data can be accessed at the tap of a finger.
National Automated Clearing House (NACH) payments are known to be a cheaper and more convenient alternative to cheques. Banks can process a higher volume of transactions at a lower cost because there is no physical movement of instruments.
Vantage is our single, unified platform designed to consolidate fragmented channels to give your financial institution full administrative control over payment processing, core banking, and digital banking solutions. A consolidated platform also provides granular insight for an enterprise-wide view of all account holders and transactions, which enables staff to resolve account holder inquiries quickly and analyze the user experience across devices and banking services.