November 16, 2004

1
Presentation to Caribbean Association of
Indigenous Banks
November 16, 2004
Eric Dotson, VP
2
Goldleaf Technologies

• 15 year history in electronic payments
• Based in Nashville, TN
• Nations leading ACH
• origination software
• provider
• Over 10,000 licensed
• users
• Over 3,000 participating
• Financial Institutions worldwide

Puerto Rico
Trinidad Tobago
3
Goldleaf Technologies

• More than 3,000 Financial Institutions rely upon
  Goldleaf products
• 900 ACH Processing FIs
• 400 ACH Origination FIs
• 1,300 Correspondent / ACH Clearing FIs
• 400 FI Websites Hosted
• 30 International FIs

4
Introduction to ACH
Receiver
Originator
Receiving Bank
Originating Bank
Central Operator Settlement
5
Growth of ACH in the US

• 8.5 billion ACH transactions in 2003 16.07
  billion estimated by 2006
• 15 Compounded growth rate
• 330 million check conversions in 2003 estimated
  10 Billon by 2006 (Nilsson Report)

Source NACHAs Next Generation Task Force
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ACH Industry Growth Factors

• ACH is accepted as the cheapest transaction cost
  solution when compared to Traditional checks,
  Credit Cards, ATMs, and Wires
• Banks are able to
• Increase Fee income
• Reduce operational costs
• Increase core deposits
• Businesses are able to
• Reduce costs
• Limit their return items
• Automate payments
• Consumersno checks to deposit!

• Reduce Float
• Reduce Fraud
• Stickiness

• Reduce Float
• Reduce Fraud
• Eliminate Checks

7
Goldleaf Technologies
Cost of Handling Payments
Source NACHA
8
Goldleaf Technologies
Complete ACH Network from Goldleaf
Internet
Host
GOLDNET Server
GOLDNET Client
Goldleaf Client
Goldleaf Manager
Portal
Goldleaf Common Infrastructure
9
Goldleaf ACH Technology

• Goldeaf Web Client
• Web-based ACH Orig.
• Credits / debits
• Cross boarder pymts.
• Low cost payments
• Automate payments
• Parameter-based
• Secure transmission
• File Import / Mapping
• Entitlement structure
• Common technology

ABC Company
Your Bank
Hardware Store
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Remote Deposit of Checks
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Goldleaf ACH Technology

• Goldleaf Manager
• ACH Processing
• Manage origination and receiving of ACH files
• Complete file analysis
• Risk management
• Transaction warehouse
• Authorization checks
• File consolidation
• Automated fee calculation and offset

Your Bank

• Automated
• returns / NOCs
• Chargeback of Returns to Originator
• routing / transit number conversion
• account number conversion

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Goldleaf ACH Technology

• GOLDNET
• Private Label Fedline
• NACHA based
• Web-based
• Transfer and Distribution system
• Full Settlement
• ACH, eCheck, Image, Messaging system
• Multi-currency
• Secure
• Custom Messages

Your Bank
Central Operator
Bank A
Central Bank
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Goldleaf ACH Technology

• GOLDNET Standard Messages
• Flexibility Tools to adapt any message format

International Wire Large item Return General
Mail MasterCard Transactions Check
Adjustments MICR Return MICR Retrieval MasterCard/
Visa Acct Change Principal Fed Funds
Change Safekeeping/Portfolio Auth. Savings
Bond Summary of Deposit Treasury Tax and
Loan Visa Transactions
ACH Entry ACH NOC ACH Return Agency Fed Funds
Change Cash Letter Totals Currency
Shipment/Delivery Currency Order Currency
Shipment ACH Tax Payments ACH Enrollment
Form Exception Item Request Expanded Wire
Transfer Borrowed Fed Funds Change Image Cash
Letter
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Full Functions List
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Goldleaf Technologies

• Web Hosting and DR
• Host FI, and other business websites using
  Goldleaf solution for easy content management
• GoldIntraNet
• Web-based Intranet product for Financial
  Institutions
• Goldleaf Manager
• ACH processing solution used in over 1,000
  Financial Institutions
• Goldleaf Client
• Web-based ACH Origination and file loading with
  integrated scanner options for eCheck
• Remote Deposit Image Capture Module
• GOLDNET
• Inter-FI clearing system
• New ICL Module

18
Summary / QA

• Thank you!
• Eric Dotson
• edotson_at_goldleaf.com