RCGILTNER Adds Customer-Driven Mobile-$0verdraft® Service to Its Digital Loan and Liquidity Suite

LOUISVILLE, Ky., September 11, 2018 (Newswire.com) - RCGILTNER Services Inc. announced the rollout of its proprietary Mobile-$0verdraft® service for financial institutions (FI) and their customers.

Robert C. Giltner said, “With this new mobile service, financial institutions can offer their customers real-time opportunities to access discretionary overdraft services under the customer's control and choice on a mobile device. Also, other liquidity options can be presented alongside, such as loans and funds transfers. Mobile-$Overdraft works with all current overdraft systems and is deployed as an addition to an FI’s current processes or any ad hoc process the FI may have in place.” 

With this new mobile service, financial institutions can offer their customers real-time opportunities to access discretionary overdraft services under the customer's control and choice on a mobile device. Also, other liquidity options can be presented alongside, such as loans and funds transfers.

Robert C. Giltner, Chairman

Greg Schreacke, CEO of RCGILTNER, pointed out, “The mobile service has fully documented compliance, reacts to status codes in place at an FI such as REG E status, is governed by OD limits and can execute risk factor analysis according to bank criteria. The real-time functionality is fostered by secure operations hosted in the cloud, allowing the customer to make the overdraft decision on their mobile phone where they can choose to access overdraft funds or other options available. All choices are described and explicitly priced so the customer is never surprised. Best of all, customers that have debit declines or shortfalls will now have the option to access immediate funds when needed to complete transaction purchases online or in-store in real time.”

The program is part of RCGILTNER’s digital suite of services including digital small business and consumer loans in minutes with real-time funding, safe loans at 15 percent interest requiring no credit score and other options. The technology is provided all under the FI's control, underwriting and brand, keeping all relationships within the FI. The Mobile-$0verdraft whitepaper can be downloaded here.  

Robert C. Giltner has a long history of providing loan and liquidity services and technology to financial institutions. He’s a co-founder of BSG Financial and helped develop the programs used at Sheshunoff and Velocity Solutions. Giltner was a co-author of the ABA’s “Overdraft Guide for Bankers.”

About RCGILTNER

RCGILTNER Services Inc. provides digital lending and liquidity technology to financial institutions and is headquartered in Louisville, Kentucky. For more information, please contact Robert C. Giltner at 502-640-1989 or [email protected].