BancTec Introduces Check 21 Solution for Check Image Exchange; PayCourier(R) Check 21 Solution To Be Showcased At TAWPI In Baltimore July 24-27, 2005.DALLAS -- BancTec, Inc., a global provider of document and remittance Money sent from one individual to another in the form of cash, check, or some other manner. Financial statements sent by a creditor to a debtor frequently refer to the process of submitting a monthly remittance. REMITTANCE, comm. law. processing solutions, announces the release of PayCourier(R) Check 21, an electronic check routing solution that offers clients ultimate ease of conversion to business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets in the Check 21 image exchange environment. PayCourier Check 21 can be implemented as a standalone stand·a·lone adj. Self-contained and usually independently operating: a standalone computer terminal. solution or seamlessly integrated into the existing BancTec PayCourier remittance solution. As a standalone system, PayCourier Check 21 interfaces with any legacy system, regardless of the institution's processing infrastructure. PayCourier Check 21 is an economical solution that offers clients scalability and ease of conversion in the Check 21 image exchange environment. Developed for quick user implementation, PayCourier Check 21 imports images, converts data according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. industry standards and routes images to image-enabled institutions. PayCourier Check 21 can establish an unlimited number of capture points and can present items to multiple exchange points after conversion. PayCourier Check 21 includes an Image Replacement Document (IRD IRD Institut de Recherche pour le Développement (French) IRD Inland Revenue Department (New Zealand's tax revenue collection department) IRD Integrated Receiver Decoder ) module that allows users to produce IRDs that can be processed as substitute checks. It also utilizes Image Sentry, a BancTec image quality and usability tool that ensures all images are thoroughly tested for compliance with industry standards. "By offering PayCourier Check 21, we have ensured that businesses, especially those using legacy systems, can leverage their existing systems for Check 21 image exchange," said Mark Fairchild, Senior Vice President, Global Products and Operations for BancTec. "For clients running BancTec PayCourier, OSA 1. OSA - Open Scripting Architecture. 2. OSA - Open System Architecture. , 9500 or any other remittance processing system, PayCourier Check 21 offers a comprehensive and adaptable interface." PayCourier Check 21 will be showcased at TAWPI (The Association for Work Process Improvement, Boston, MA, www.tawpi.org) A membership organization dedicated to the improvement of work processes in data capture, document and remittance processing. in Baltimore from July 24-27, 2005 in the BancTec booth (No.303). BancTec will be demonstrating the solution along with its PayCourier remittance solution prior to being stored permanently in archive. About BancTec, Inc. Founded in 1972, BancTec is a widely recognized name worldwide in transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. . BancTec has deployed transaction solutions in over 50 countries, counts among its customers some of the most prominent companies in the world, and is honored to be a member of the TAWPI Hall of Fame. The BancTec product suite combines unique flexibility, scalability, and connectivity to provide unprecedented levels of automation in the capture, processing, and distribution of electronic and paper documents and transactions. BancTec complements its product suite with a line of proven hardware solutions, and dependable service and support. To learn how BancTec can help your organization reduce IT costs, increase productivity, and improve quality, visit our corporate Web site at www.banctec.com or call 1-800-BANCTEC. |
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