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  Products > Video Banking System > Description

Revolutionizing the Banking World

The uGenius Video Banking System was created to enable the distribution of multiple, smaller branches that offer staffing and operational models more consistent with those of popular retailers’; and that is exactly what it does.

The uGenius Video Banking System leverages an innovative combination of video collaboration and remote transaction processing technology to connect customers and agents in a truly remote yet highly personal two-way audio and video interaction environment. The uGenius Video Banking System allows agents to be staffed in a safe and centralized video based call center and provide personal services to customers up to 24 hours a day and 7 days a week. Customers access agents via a high-speed two way audio and video connection at a uGenius Video Banking enabled device, which may be placed in a variety of branch and retail locations.
 


  Benefits:
Hours of operation more consistent with popular retailers.  
Customers have greater access to more locations.  
Branches are personal, full-service location.
 

The uGenius Video Banking System allows agents to remotely conduct the following transactions via a video banking device:
cash and check deposits
check cashing
cash, coin, and check dispensing
account payments and transfers
new account and loan initiation
plus a variety of other service inquiries

Staffing, training, and managing of agents, particularly the tellers, are some of the largest budget items for financial institutions. Managing the teller function also requires a great deal of time and energy week in and week out.  How can financial institutions significantly reduce costs from their teller operations while still offering their customers all of the convenience and personal customer service that they have come to expect?  The uGenius Video Banking System.

The uGenius Video Banking System allows financial institutions to maintain personal service delivery while improving the operational effectiveness. By leveraging a centralized agent staff, labor costs can be reduced by up to 50% by load balancing resources across multiple uGenius Video Banking enabled branch locations.

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  Description
  System Overview
  Business Impact
  Software
  Management Suite
  Teller Applications
  Machine Applications

Related:
Customer Interfaces
Custom Branding for Video Banking
Consumer
Research Study
The Facts Behind The Technology
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United States Patent No. 7,814,016