CHEXAR Networks, Inc.

With Ingo, consumers can transfer funds from a check to their prepaid card in minutes. A remote deposit network, Ingo is now available as an app, which means that Ingo is available anywhere and anytime. There are a lot of hardworking people out there who just want to access the money they’ve earned. Ingo gives them control and ease. With only a smart phone, the Ingo app, and a prepaid card, Ingo moves money from paper check to prepaid funds in minutes.

CHEXAR® is currently deploying Ingo™ – The Good Funds Network™. Ingo is the market’s foremost consumer-oriented solution for check conversions, and – for those who may not know us – CHEXAR is the national leader in technology and solutions for converting paper checks into Good Funds, which means funds of irreversible value. With Ingo, consumers can convert any type of check into Good Funds from their smartphone and other remote capture devices.

CHEXAR’s cutting edge solutions have the advantage of multiple national databases, rules engines, and proprietary technology with redundant 24/7 risk management centers. This allows CHEXAR to achieve the industry’s highest automated and overall approval rates without limiting check type and size. Today, thousands of large financial institutions and non-bank financial services providers use Chexar’s technology and solutions to generate fee income and manage risk nationally.

Chexar’s solutions are deployed across multiple platforms including turnkey point of sale solutions, assisted and self-service kiosk solutions, mobile devices, and full XML integrations. The company’s solutions are hosted in Tier III data centers and the company operates two risk management centers 24/7 with almost 400 seats to assist its clients in real time check review and risk management.

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