BBVA Bancomer Surpasses 2,500 Units of Digital Check's Electronic Check Scanners for Remote Deposit Capture.Largest Remote Deposit Capture Provider in Mexico Reaches Significant Industry Milestone NORTHFIELD, Ill. -- Digital Check Corp., a leading provider of electronic check scanners for the distributed check capture industry, announced that Mexico City-based Bancomer has successfully deployed more than 2,500 remote deposit capture solutions using Digital Check's TellerScan([R]) devices to corporate and mid-size business customers. "The remote deposit capture solution allows our customers to process check transactions electronically, eliminating lengthy trips to the branch, streamlining their workflow, reducing costs dramatically, and giving customers quicker access to their deposits," said Rene Nosti, director of Enterprise & Government banking at Bancomer. "The check scanners developed by Digital Check ensure that customers' deposit operations run smoothly. During 2007 we received more than 2.6 million deposits, valuing more than 75 billion Mexican pesos (equivalent to 7 billion, U.S. dollars)." Bancomer first began to offer the remote deposit capture solution to corporate and mid-size business customers in 2005, since Mexico adopted check truncation during 2003, a year prior to the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. adoption of Check 21 legislation. Bancomer is the leading banking institution in Mexico in terms of assets, deposits, loans and number of branches. Financial institutions have been clearing checks electronically since 1998, and in 2003 adopted full truncation of checks at the point of presentment. "Digital Check has pioneered the use of electronic check scanners for branch automation and remote deposit capture for leading financial institutions around the world, and we are honored to have Bancomer, the largest bank in Mexico, as a customer," said Tom Anderson For the related name Thomas Anderson, see . Tom Anderson refers to several people:
"Our company has worked with Digital Check since 2002, and their check scanners have proven through the years to be the most reliable in the industry," said Oscar Milan, president of AM&M, a provider of check processing solutions in Mexico and a Digital Check reseller. "AM&M has deployed more than 4,500 check scanners throughout the country, and we are able to provide support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services with only three employees based in Mexico City Mexico City Spanish Ciudad de México City (pop., 2000: city, 8,605,239; 2003 metro. area est., 18,660,000), capital of Mexico. Located at an elevation of 7,350 ft (2,240 m), it is officially coterminous with the Federal District, which occupies 571 sq mi and a stock for Advanced Unit Replacement, thanks to the quality and reliability of their scanners." About Digital Check Digital Check is a leading manufacturer of distributed capture check scanners for teller and branch automation and remote deposit capture applications. Digital Check's TellerScan([R]) series of electronic scanners Noun 1. electronic scanner - a radio receiver that moves automatically across some selected range of frequencies looking for some signal or condition; "they used scanners to monitor police radio channels" scanner provide the highest quality images, MICR (Magnetic Ink Character Recognition) The machine recognition of numeric data printed with magnetically charged ink. It is used on bank checks and deposit slips. MICR readers detect the characters and convert them into digital data. accuracy, reliability and lowest cost of ownership within the industry. It was the first company to introduce a desktop distributed capture device for the Check 21 industry, first to deploy at a teller window in a top 10 U.S. bank and the only U.S.-based manufacturer. The company's scanners are available worldwide through a network of more than 70 Authorized Solutions Providers and are supported by Digital Check's comprehensive fulfillment, training, support, warranty and repair services. For more information call 847-446-2285 or visit the company's website at www.digitalcheck.com. About BBVA Bancomer BBVA Bancomer is the largest financial institution in Mexico, dominating about 20% of the market. History Founded in 1932 in Mexico City as Banco de Comercio (English: Commerce Bank) (Bancomer). BBVA Bancomer is the main subsidiary of Grupo Financiero BBVA Bancomer (GFBB GFBB Grupo Financiero BBVA Bancomer, SA ) and the leading banking institution in Mexico in terms of assets, deposits, loans and number of branches. BBVA Bancomer offers personal, commercial and corporate financial products and services through 1,671 branch offices and 4,084 ATMs with a business model based on distribution networks segmented by groups of customers. Grupo Financiero BBVA Bancomer is Mexico's leading private financial group providing services to more than 10.2 million customers. GFBB is also a controlling affiliate of Banco Bilbao Vizcaya Argentaria (BBVA BBVA Banco Bilbao Vizcaya Argentaria (First Bank of Spain) ), one of the top financial groups in market capitalization Market Capitalization A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. in the Euro Zone. BBVA has presence in 32 countries with 6,848 offices, more than 35 million customers and 84,117 employees worldwide. For more information, visit www.bancomer.com. About AM&M, S.A. de C.V. AM&M is a Mexico-based company with more than 10 years of experience in designing, developing and integrating check and image processing image processing Set of computational techniques for analyzing, enhancing, compressing, and reconstructing images. Its main components are importing, in which an image is captured through scanning or digital photography; analysis and manipulation of the image, accomplished solutions for the Mexican market. The company is a leader of distributed check capture solutions, with more than 5,000 installations throughout Mexico. AM&M was first in Mexico to implement an electronic distributed check processing solution in 1998, an image branch capture solution in 2003 and a remote deposit capture solution in 2005. AM&M was also the first to install desktop check scanners in Mexico in 2002. Vendor partners of AM&M providing check scanners, remote deposit capture applications, and check readers and sorters are based in Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. , the United States and Europe. For more information, visit the company Web site at www.amm.com.mx. |
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