San Francisco, California
WEPOD (Wholesale Electronic Proof of Deposit) Wells Fargo wanted a new application to replace the manual preparation & processing of MICR (also: POD, or Proof of Deposit) tickets in the line offices & operations areas. The plan was to eliminate the vast majority of paper ticket entries to Wells Fargo Bank's General Ledger.
Cash Vault Safe Services Wells Fargo piloted Safe Services allowing clients to make cash and check deposits into a safe on the Client’s premises and receive credit for the cash portion of these deposits before it physically reached the bank.
Exception Tiered ECR (Earnings Credit Rate)
This request allowed the system to set exception tiered ECR at a customer and account level without assigning a unique rate code to each customer/account.
TMCS ICR IVR Only (Intelligent Character Recognition, Intelligent Voice Response) There existed a requirement to enable Wells Fargo during a bank merger to process the merged bank accounts when they were converted to a single account system. There was also a requirement for the ICR IVR to change the order of the menu prompts (reverse them) with the ability to handle longer account numbers.
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