Consumer lending poses unique challenges for banks to keep and earn new business.  Financial institutions are challenged to differentiate themselves to both the consumer who receives the financing, and the intermediary who processes the loan.  Since these act as sales agents for the bank partners, their repeat business is critical to secure ongoing revenue for their bank partners.  Yet until recently, interest rates were the only way to differentiate from other banks competing for the same partners.   But now there’s a solution that banks can offer lending partners to give them the advantage of printing checks at their location while improving efficiency, reducing fraud risk and most importantly, offer a superior customer experience.

TROY’s secure remote check printing solution significantly improves the overall experience for the lending partner and the consumer. This solution links TROY’s web-based request, approve and print software between the bank and its lending partners and places secure MICR check printers at lending partner locations.  It gives the bank a way to maintain complete control over the process to print checks remotely, audit activity, control data, support positive pay and generate reports.  As a result, the consumer is no longer forced to wait for financing, the finance partner gets a more efficient process to offer a better experience, and banks capture new escrow accounts and finance partners by offering remarkable service.