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99% 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.
93% 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...
91% 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.
89% Data warehousing: Its time has come Summary: Open systems and data warehousing. Improving decision-support, customer management. Process, not a product. The data warehousing process is evolutionary. How they can target their customer better?
89% 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...
89% Bank adopts IA's All Items Archive Summary: Bank adopts IA's All Items Archive. (Wednesday, January 29, 1997, 8:32 am) U.S. Bank holding company Comerica (Detroit) has adopted IA's (Emeryville, CA, http://www.ia-us. The product allows Comerica to electronically archive all MICR items including checks drawn on their own accounts or checks from other banks and non-check documents. All Items Archive helps banks meet the seven-year legal...
89% 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.
88% 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,...
88% Managing a bank's untapped assets Summary: Banking & Financial Services White Paper Managing a bank's untapped assets. But often overlooked is the most valuable asset of all: information. managing paper. The costs of managing paper documents add up quickly. The convergence of these technologies under one vendor such as FileNet has enabled banks to more efficiently manage the untapped information asset locked in unstructured data.
88% 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...
88% 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.
88% National Penn Bank (Boyertown, PA) has contrac... Summary: The bank decided to implement document imaging technology to achieve a paperless filing system for loans, CDs and other bank documents. First American Bank (Elk Grove, IL) has installed Protocorp's PCI/Links, a client-server-based system integrating document imaging and data archival to other databases to let bankers search and display information from any system on their network. TCF Financial...
87% 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.
86% 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...
86% 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...
84% 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.
84% Getting the best bang for the buck With numer... Summary: With all of these conference choices, it's tough to know where to get the best bang for the buck. The BAI Conference is the combination of the BAI Image Conference, traditionally held in the fall, and the BAI Transaction Processing Conference, traditionally held in the spring. When BAI saw that there was too much duplication between its Image Conference and Transaction Processing Conference, it...
83% 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.
83% The Sales Link 10-21-96 Summary: Why have a method? So is there only one method? In concept, however, we use two primary methods: baseline method and method lite. Why would you use method lite over the traditional baseline method? It takes more time, but has much lower risk.
83% IW World Class Solutions Summary: It's a valuable synergy of need,. Bank officials were so amazed when the project was finished in just two weeks that they decided to create a full-scale application for employee personnel records. Both projects use ImageBASIC from Diamond Head. Employees were justifiably excited when they learned that 10,000 documents could be stored on one CD. It took about two weeks for approval.
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