IRIS TM Digital Banking Platform

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1 IRIS TM Digital Banking Platform Multiple Solutions in One Mobile Banking Online Banking Mobile Deposit INVEST IN A PLATFORM WITH RESPONSIVE DESIGN THAT IS BUILT TO ADAPT TO EVOLVING TECHNOLOGY IMPROVE OPERATIONAL EFFICIENCY AND PROVIDE A FRICTIONLESS USER EXPERIENCE CONSOLIDATE MULTIPLE PRODUCTS WITH ONE DIGITAL PLATFORM

2 ENRICHING EFFICIENCY of our customers operations through CONTINUOUS INNOVATION

3 OPEN ARCHITECTURE - SINGLE PLATFORM FOR RETAIL AND BUSINESS Clients expect to digitally bank anytime and anywhere, on their device of choice. These consumer expectations correspond with the technological advances that have affected all industries. As nonbanking innovative applications continue to shape the expectations of consumers, financial institutions must invest in an easy-to-use, efficient banking platform with responsive design. IRIS TM is uniquely positioned to offer a consistent and frictionless user experience that packages online banking, mobile banking, and mobile deposit into a single code-based digital solution. IRIS also streamlines vendor management efforts and IT support for the financial institution. CONSOLIDATE VENDOR MANAGEMENT FOR MULTIPLE SOLUTIONS IN ONE PRODUCT ONLINE BANKING MOBILE BANKING MOBILE DEPOSIT IRIS offers an array of features designed to help clients manage their finances in one place and provides a channel for financial institutions to deliver focused marketing. Both business and retail clients can easily gain insight into their account balances, detailed transaction information, overall financial position and more. TRANSACTION SERVICES Payments Clients can quickly transfer money from one account to another using a variety of electronic payment options including ACH disbursements, wire transfers, P2P payments, and internal/external funds transfers. Bill Pay Bill Pay seamlessly integrates into the banking platform so clients can pay their bills anytime and anywhere. Within the Bill Pay dashboard, clients have the ability to setup automated payments, access their payment history, and expedite payments when needed. PERSONAL FINANCE MANAGER With the money management tool, clients securely control their financial activities across all of their accounts in one place. Budgeting, account aggregation, auto categorization and debt management are a few of the features the tool offers. SELF-SERVICE Clients take advantage of ordering checks online, setting up alerts, applying stop payments, editing personal information and transferring funds on the go. ACCOUNT OPENING Both new and existing clients have the ability to conveniently open and fund an account online. Data from existing channels is consolidated and easily accessed making the process simple for the client while reducing the threat of fraud. INTERFACES/INTEGRATIONS IRIS allows institutions to keep up with the speed of innovation by integrating to various applications through API/SSO. Choose from a variety of partner programs in place today including, MoneyDesktop, by MX and interfaces with Intuit s Quicken TM and Quickbook TM, or customize the platform capabilities by integrating additional applications. IRIS architecture is designed to quickly add new products and services without disrupting the user experience. REMOTE DEPOSIT CAPTURE IRIS offers a suite of remote deposit capabilities for both commercial and retail clients. Consumer Deposit: Clients login to the easy-to-use mobile application, securely and remotely wherever they are. The built-in camera in the mobile device does the work of capturing the image of the check while cues on the screen guide the client in taking a proper picture. Business Deposit: Extends the convenience and cost savings to businesses that receive a regular volume of checks. Commercial clients use their device of their choice: check scanner, mobile phone, or tablet. The solution features multi-check deposit, roles-based user management, self-administration, and multi-location functions. DIGITAL TARGET MARKETING Gain insight into accountholders and analyze aggregated data for effective marketing campaigns. Create targeted advertisements based on specific user data.

4 COMMERCIAL CLIENT BENEFITS Your clients use one system for both their business and consumer digital banking activities. They can take advantage of the bill pay functions and the Quickbook features while logged into the same system. Clients can easily conduct transactions, activate ACH and wire transfers, and use a positive pay system to increase productivity and monitor fraud. Help your business clients limit their trips to the branch, manage their cash flow and reduce their overall operating cost by placing important services conveniently at their fingertips. INVEST IN A SCALABLE PLATFORM TO SUPPORT YOUR BUSINESS OPERATIONS FOR MANY YEARS TO COME

5 A PLATFORM DESIGNED FOR GROWTH The platform is designed to adapt to changing technology and demands from today s consumers. Your retail and business clients are regularly exposed to a variety of innovations and emerging technology that inevitably shapes their expectations about what they should receive from their financial institution. With IRIS, financial institutions can take advantage of the latest applications on the market without the headache and cost of product development by leveraging the platform s open architecture. The development methodologies allow new product offerings and services to easily be added to the platform in a more cost-efficient and timely process. IRIS software model using scalable web services facilitates growth by optimizing the application environment. APIs seamlessly integrate into the existing platform to increase product offerings without hindering business operations. EASILY ADD NEW PRODUCTS AND SERVICES TO THE PLATFORM IN A COST EFFICIENT PROCESS SECURITY BEST PRACTICES Accountholders enjoy a consistent and secure user experience with IRIS. The state-of-the-art hosting facility features security standards of a tier four data center ensuring reliable security as well as optimal uptime and performance. IRIS follows FFIEC compliance guidelines and uses layered security protection. Using multifactor authentication and timer-based sessions, the platform enables accountholders to bank online in a secure environment. They also have the ability to subscribe to alerts via SMS text or , based on their information registered with the institution. When the accountholder s login credentials are not recognized, they will be required to answer security questions or provide a one time passcode (OTP) before logging in again.

6 REPORTING CAPABILITIES IRIS has robust reporting capabilities for institutions to monitor their clients activities. In addition, institutions can monitor the pages that are being landed on at the institution and the specific client levels. Self-service features allow the clients to select specific time periods and events to report on, at any given time. Inactive Users Report Downtime Report Login Attempts Report Page Hits Report User-Wise Page Hits Report User Activity Report Responsive design provides a consistent optimal layout regardless of the clients preferred device, including wearables. FEATURES Multilingual platform A single platform across multiple channels and devices Intelligent responsive design on any device Device and browser independence Security best practices Customizable branding themes Complete suite of transactional services One platform for business and consumer accounts Multi-Factor authentication o Out-of-band authentication o Timer-based sessions o Secure and compliant hosting BENEFITS A consistent user experience across devices Reduce costs of licensing multiple products (online banking, mobile banking, mobile deposit) Vendor consolidation increases efficiency in back office support and vendor management Anywhere and anytime service for accountholders Same services across all devices Streamlined processing for institutions with consistent data across multiple channels Better cross-reporting capabilities One system to manage multiple channels Seamless hand-off of transactions between channels Smooth transition of transactions between devices

7 ADVANCED TECHNOLOGY IRIS is a completely integrated application using responsive design technology. Therefore, the client is able to take advantage of a full suite of banking services on their device of choice. IRIS uses standard real-time and file-based APIs to integrate into a financial institution s core banking solution. VSoft s branding features make the integration from the website or application to IRIS seamless to the client. Built with HTML5 and CSS3 technology, the platform provides a consistent user experience and enables a quick device certification process. To maintain consistency, each institution has the ability to customize branding themes across devices. With IRIS, financial institutions benefit from a single solution that is uniquely matched to the needs of its accountholders, regardless of their location. Logo/Financial Institution Name Icon Set/ Background Brandable Space Digital Money Management Navigation Pane Transaction History Loan Summary Brandable Space All elements are customizable: logo, icons sets, color themes, and brandable space.

8 As millennials quickly become the majority of banking customers and shape consumer expectation, financial institutions must invest in an omni-channel platform like VSoft s IRIS to remain relevant and competitive. Millennials are much more likely than previous generations to switch financial institutions, making it imperative to provide a digital banking experience that not only delivers complete convenience through any device, but can keep pace with the rapidly evolving technology landscape and quickly adopt new products and services. Failure to do so could turn customers away, putting your other services at risk. For more information or to speak to VSoft about its IRIS Omni-Channel Platform, please visit or call About VSoft VSoft Corporation offers platform-based services for the banking, financial services and insurance (BFSI) industry. Its core, payment and digital banking solutions reduce cost and maximize efficiency while providing seamless, real-time, high-volume and high-performance transactions across multiple channels. The VSoft platform can be delivered in-house, or as an outsourced ASP or SaaS model to best meet the needs of individual financial institutions. VSoft s services have been trusted by more than 2,600 financial institutions worldwide. For more information, please call , or visit or follow us on