Corporate One, the $5.1 billion Columbus, Ohio-based corporatecredit union, and Monet, Missouri-based Jack Henry Associates'ProfitStars today announced an “expanded relationship” that willbring beefed up remote deposit capture settlement options toCorporate One members.

Additionally, ProfitStars' Enterprise Payment Solutions (EPS)clients will have the ability to process a variety of electronicpayment transactions without being required to become Corporate Onemembers.

Senior vice president of marketing and operations atCorporate One, Robert Coyan, characterized the deal as “win-win forcredit unions.” Already, Corporate One processes some 3.25 billionitems per month, said Coyan, and as the enhanced ProfitStarspartnership brings more volume to Corporate One the result will beincreased efficiencies, according to Coyan.

Coyan added: “If you have a ProfitStars solution you can retainyour investment in that technology and point the file transfer toCorporate One. We do the rest.”

In a prepared statement, David Foss, president of ProfitStars,elaborated: “The ability to process transactions in bulk andremotely through Corporate One's deployment of the Alogent DepositAutomation Solutions is truly a best-case scenario for many of ourEPS credit union clients. ProfitStars' goal is to provide financialinstitutions with a complete range of solutions that can ultimatelyenhance their performance and profitability and Corporate Oneenables us to accomplish that goal with a proven, financiallystable corporate partner.”