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99% Banks turn inward to deploy automation
Summary: Banks turn inward to deploy automation.). The bank was consulted on its purchase by Apex and Associates (Kansas City, MO). Information technology in banking has been focused mainly on retail applications such as imaged statements, ATMs, banking-by-phone, etc. "With this technology and infrastructure now in place, we'll be able to respond to any new niche that appeals to our customers." This is...
93% Banks rush to embrace technology Summary: Banks rush to embrace technology. The imperative that drives process automation in banking has changed dramatically, just in recent months. Saving money is way down the list of reasons to implement automation. The trend is to apply automation to processes that have more of an impact on the bank's customer. Matteoni goes on to say, "Automation is the answer, not new branches or bodies.
91% CCIM and the banking enterprise Summary: Mainly because this technology produces positive effects in the customers' back office while being more cost and time effective for the bank. Now is the time to look at alternative distribution channels and find ways to move their customers to a cheaper, more customer-centric way of making transactions." Customers should have one place they can call and find out anything they need. * Making card...
89% EDMS technology is becoming a central theme in... Summary: ... lending operations EDMS applications. operations EDMS applications. ... cash management EDMS applications. ... item processing EDMS applications. all items archive.
89% Banking enterprises benefit from product conve... Summary: Imaging World, March 17th, 1997. Banking enterprises benefit from product convergence. At BAI, NCR will debut an image-based retail capture and delivery system--the ImageMark product suite--which will include the ImageMark POD, IAD (image archive and delivery) and ID (image delivery) line. fax 816-753-7729, E-mail ray. E-mail: bkirk@remit.
89% How imaging is changing remittance and check processing Summary: . Trends in remittance and check processing. Better customer service. Trends in check processing. The same trends apply to check processing as remittance processing. Convergence of corporate and retail services.
86% Film gains new digital relevance in mortgage, cash management services Summary: Digital archive writers. In cash management, digital archive writers are also bringing about important changes. However, when using a digital imaging system along with a digital archive writer, the bank can sort the images for even the smallest account and write the images to film. Because the check imaging system sorts check images, not the checks themselves, sorting is also improved. When used...
85% Retail & wholesale lockbox in an image world... Summary: lockbox in an image world. In this world we are receiving invoices and large corporate checks or fund transfers. When all is said and done, lockbox boils down into two worlds: retail and wholesale. Even so, corporate customers are requesting even more customization of services to lower their own internal costs. This combines systems and hardware to effect the processing of both retail and...
84% Delivering value-added image solutions that work Summary: The challenge for banks is to service customers and differentiate themselves from the competition with methods that are more cost effective and time efficient. Banks that use imaging solutions to provide new and enhanced customer services are realizing increased profitability and an enhanced reputation as progressive, customer-focused institutions. The solution challenge. It must add value to,...
83% Bankers sharpen focus on document technology Summary: Bankers sharpen focus on document technology. Likewise, the Treasury Management Association's (TMA) Conference (Nov. 17 to 20) in Atlanta focused on the treasury management world's use of technology. New products for financial services and banking. * Robert Kirk and Ray Edwards are banking industry technology consultants.
80% Veteran consultant Green joins growing KC-base... Summary: Veteran consultant Green joins. Apex Associates (Kansas City, MO) and Image Consulting Group (Huntington Station, NY) have agreed to consolidate operations. Hugh Green of Image Consulting Group becomes a principal of Apex, overseeing East Coast operations, which will be based in Huntington Station. As a management consultant, Green concentrates on business process management, planning and...
80% Banking technologies move toward convergence Summary: Transaction Processing Show reveals maturity in product breadth. Banking technologies. Although they are all documents and must all be managed, banking operations have always seen themselves as a unique community. Unisys also announced its VisualLockbox product for processing wholesale lockbox operations. ImageScan (Lanham, MD) showed its wholesale lockbox product.
79% Bnkngtabcont Summary: How imaging is changing remittance and check processing. Craig Sparkes, IA Corporation. CD technology complements corporate banking. Managing a bank's untapped assets. Image and Payment Systems, NCR Corp.
79% CD technology complements corporate banking Summary: Banking & Financial Services White Paper CD technology complements corporate banking. Producing CDs in-house. Currently, more than one-third of the nation's leading banks, including Mellon Bank and Bank of Boston, are producing CDs in-house for distribution to corporate clients by combining technology from IBM and Data/Ware Development (San Diego, CA). Along with check images, each CD also...
76% California Banks Summary: Both Sanwa Bank of California (Los Angeles) and Union Bank (formerly The Bank of California, San Francisco) will offer new image-based services. Sanwa adds CD-ROM, Positive Pay and Remote Retrieval with check image statements to be offered this summer to all customers. The new products are based on IA's CheckVision modules Research/Inquiry, Delivery, Positive Pay and Statement. Union Bank has...
76% TAWPI forum targets savvy niche market Summary: Imaging World, September 1st, 1996. TAWPI forum targets savvy niche market. Remittance and forms processing share spotlight. Among the users at the forum, confidence in forms processing technology seems to be at an all-time high. Another TAWPI highlight was Microsystems Technology's (Tampa, FL) OCR for Forms forms processing software.
75% ElectroCom Imaging: The Big Secret Summary: At this time ECI offers two major product lines: AEG Recognition, a world-renowned family of integrated ICR/OCR engines, and the IntelliScan 120/240 family of high-performance document scanners. The AEG Recognition offers commercially the underlying technology that automatically reads the myriad pieces of US mail at very high speed. If the mail is readable, the machines apply ICR/OCR to it. A...
75% Deal Makers 3-3-97 Summary: Bank finds All Items Archive. U.S. bank holding company Comerica (Detroit) has adopted CheckVision All Items Archive, IA Corporation's (Emeryville, CA) banking software. All Items Archive helps banks meet the seven-year legal requirement of storing billions of document images and gives customers a window to the bank for on-line viewing of check images and other cash management documents....
75% Automated tape storage for check image archival Summary: Banking & Financial Services White Paper Automated tape storage for check image archival. For the first time, the cost of tape libraries and media for storing and retrieving check images has fallen below the film and developing cost of microfilm. StorageTek storage devices are currently compatible with all of these vendors' operating systems. In most moderate to high check volume environments,...
75% Healthcare's top priority: Developing an effective information strategy Summary: Developing an effective information strategy. The competitive landscape of healthcare delivery and management is altered forever. The pace of information technology change has also quickened. But these cannot simply be one-time reductions. They do take time.
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