BancTec Unveils Wireless Remote Capture Service at AIIM On Demand 2005.DALLAS -- eFIRST(TM) Mobile Delivers Customized Solution for Securely Processing and Approving Consumer Applications BancTec, a global provider of enterprise content management solutions, today unveiled eFIRST Mobile, a new mobile solution to revolutionize the way consumer applications are processed in the field. eFIRST Mobile offers a robust, efficient and secure method to capture, process and approve consumer applications remotely. Credit and consumer goods consumer goods Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and providers can now increase the volume of applications processed, cut application rejection rates in half and decrease processing costs more than 25 percent. Using mobile devices, such as PDAs, Smartphones and tablet PCs, sales representatives electronically capture consumer goods and credit applications in busy airport terminals, shopping centers and on trade show floors. The eFIRST Mobile service utilizes a template to record all applicant details (optionally including photographs and signatures), which are fully encrypted and securely transmitted wirelessly to the BancTec Managed Services An umbrella term for third-party monitoring and maintaining of computers, networks and software. The actual equipment may be inhouse or at the third-party's facilities, but the "managed" implies an ongoing effort; for example, making sure the equipment is running at a certain quality operation. Each application is processed in real-time using multiple data checks, including address, bank account validation and credit scoring Credit scoring A statistical technique that combines several financial characteristics to form a single score to represent a customer's creditworthiness. . The system can tailor the product offering based on the client's credit score or notify the sales representative of any issues relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the client's application while the applicant is still present. "Applying mobile technology to the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. industry is another first for BancTec," said Mark Fairchild, Senior Vice President, BancTec Global Products and Operations. "We have complimented our document processing Processing text documents, which includes indexing methods for text retrieval based on content. See document imaging. solutions with a comprehensive wireless system that replaces paper forms and reduces the cost and time it takes to process and approve consumer applications. With eFIRST Mobile, BancTec continues to deliver cutting-edge solutions that the industry demands. This is the first major component of what we anticipate to be a long line of new and innovative managed service solutions available in the U.S. and Europe." eFIRST Mobile increases customer intimacy by giving applicants immediate response coupled with personal service. With this revolutionary one-step process, eFIRST Mobile requires only minutes for application approval compared to the multi-step paper application process that has traditionally taken weeks to complete. "The time spent processing paper forms and correcting erroneous personal data on applications cost providers real money in lost revenues," said Fairchild. "The eFIRST Mobile service allows BancTec to support complex financial applications in the field and administer the application process significantly faster. Providers gain intimacy with clients where they are most likely to make an immediate purchase decision." BancTec is offering eFIRST Mobile as part of a complete managed service, requiring no capital outlay capital outlay See capital expenditure. by the client. BancTec supplies the mobile devices, airtime package, processing and support, as well as an integrated mobile printer to provide a hard copy for the customer to sign, if required. Centralized control 1. In air defense, the control mode whereby a higher echelon makes direct target assignments to fire units. 2. In joint air operations, placing within one commander the responsibility and authority for planning, directing, and coordinating a military operation or group/category of of eFIRST Mobile offers a complete management dashboard, including security and asset management, productivity reporting and real-time tracking of field sales representatives. AIIM (Association for Information and Image Management International, Silver Spring, MD, www.aiim.org) A membership organization founded in 1943 devoted to creating industry standards and disseminating information about the document management industry. On Demand 2005 attendees are invited to see demonstrations of the eFIRST Mobile solution in BancTec's booth (No.1024). About BancTec Founded in 1972, BancTec is the most 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 (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. Hall of Fame. BancTec's 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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