iStream Financial Services is selected as the Remote Deposit Capture Affinity Partner for the State


Brookfield, Wis., April 29, 2011 – iStream Financial Services, Inc. announced today that they have been selected as the Remote Deposit Capture (RDC) Affinity Partner for the State Bar of Wisconsin.  Richard F. Joachim, president of iStream, states, “The State Bar of Wisconsin’s selection of iStream is a testament not only to the best in class service we are able to provide to all businesses, but it also serves as an endorsement related to the integrity we deliver when it comes to the myriad of compliance, regulatory and legal aspects involved in the delivery of Remote Deposit Capture services.”   iStream has been providing the RDC services used by the State Bar of Wisconsin since 2009.  Now, with iStream’s selection to the State Bar’s Affinity Partner program, the entire practicing legal base of over 23,000 attorneys in and around the State of Wisconsin will have access to special Affinity Partner program benefits in the purchase of iStream’s services. 


iStream’s suite of financial processing services includes offerings such as Remote Deposit Capture, ACH processing, direct deposit payment transactions, remittance and credit card processing, remotely created checks, integrations to pre-paid card processors and a risk monitoring solution.  Unique to iStream, as opposed to its competitors, is iStream’s ability to implement processing solutions for all types of customers without the requirement of changing pre-existing banking relationships.  In other words, iStream is “bank neutral.”  Further, the iStream solution truly stands out in the marketplace because of its flexibility, adaptability and superior transaction processing capabilities, regardless of the type of industry. 


The Affinity Program was implemented by the State Bar of Wisconsin with the goal and purpose to provide members with quality products and services and enable them to devote more time to their practices.  “iStream was selected as the RDC provider for the State Bar of Wisconsin because it allowed us to maintain our existing banking relationships, reduced administrative time related to deposits and research and its overall ease of use,” said Cara Mavis, Member Services Department Manager for the State Bar of Wisconsin.


About iStream Financial Services, Inc.  


iStream Financial Services is a vertically integrated technology company in the business of managing payments and moving funds.  It was among the first companies to bring to market a Remote Deposit Capture solution for businesses following passage of the Check Clearing for the 21st Century Act in 2003.  Since that time, iStream has evolved into vast new product offerings designed to successfully solve the diverse financial demands of today’s business markets.  Financial services and transaction processing solutions  include ACH and Check processing, Credit Cards, Electronic Fund Transfers and Benefit Payments, Direct Deposits, Remotely Created Checks, Remote Deposit Capture, Automated Teller Machines, Returns processing, Risk Monitoring, Cash Vault services, money services for the needs of Money Service Businesses, and Remittance processing. 


Comprised of a skilled and experienced team with extensive knowledge and background in  technology and software development, data and financial processing, consulting, investing, banking, financial services, regulatory matters and healthcare, iStream simply and effectively delivers payment and money movement expertise.  Its SAS 70 Type II, FFIEC compliant technology infrastructure combined with connectivity to major clearing channels, make the each of the various iStream payment solutions a unique offering perfectly suited for the financial service and transaction processing needs of businesses and organizations nationwide.  For more information, visit http://www.istreamfs.com or call (888) 892-1212.


About the State Bar of Wisconsin


The State Bar of Wisconsin is the professional association, created by the Wisconsin Supreme Court, for attorneys who hold a Wisconsin law license. With more than 23,000 members, the State Bar aids the courts in improving the administration of justice, provides continuing legal education for its members to help them maintain their expertise, and assists Wisconsin lawyers in carrying out community service initiatives to educate the public about the legal system and the value of lawyers. For more information, visit http://www.wisbar.org.

Posted on 2nd May 2011, 7:59 am

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