| Carreker Corporation provides payments-related software, consulting, and business process outsourcing solutions to financial institutions and financial service providers. The company operates in three divisions: Global Payments Technologies, Revenue Enhancement, and Global Payments Consulting. The Global Payments Technologies division offers solutions for payment services and delivery functions, including presentment of checks in paper and electronic form, and identification and mitigation of fraudulent payments, as well as handling irregular items, such as checks returned unpaid, maintaining a record of past transactions, responding to related customer inquiries, and correcting any errors that are discovered. It also offers technology solutions for the inventory management of bank's cash stock levels and logistical service requirements. The Revenue Enhancement division provides consulting services focused on tactical methods of increasing banks' fee income and includes treasury management, consumer and commercial lending, credit card lending, and trust and investment services, as well as retail, small business, and commercial deposits. It also offers EnAct software, proprietary sales management methodologies, and sales training programs, which enables clients to recognize customers and prospects. The Global Payments Consulting division provides strategic planning and implementation advisory services for financial institutions and other clients. Its planning and implementation services include enterprise payment strategy, payment research services, predictive financial and operational modeling of the implications of payment trends and strategies, image-enabled payment infrastructure planning, transportation, float, and funds availability optimization, consolidation and merger/integration planning, program management, and enterprise risk. The Global Payments Consulting division also offers float analysis system and float management system for managing a bank's float through float analysis and pricing. It has strategic alliances with various companies, including American Bankers Association, BISYS, IBM, ID Analytics, ARGO Data Resource Corporation, Advanced Software Design, and Giesecke & Devrient GmbH. The company primarily operates in the United States, Canada, the United Kingdom, Ireland, Australia, New Zealand, and South Africa. Carreker Corporation was formed in 1978 and is headquartered in Dallas, Texas. |
