CheckTech Financial Announces Alliance With BANC:source Inc.Business Editors SANTA FE Santa Fe, city, Argentina Santa Fe, city (1991 pop. 341,000), capital of Santa Fe prov., NE Argentina, a river port near the Paraná, with which it is connected by canal. , N.M.--(BUSINESS WIRE)--May 6, 2004 CheckTech Financial Corp., a leading supplier of Check 21-compliant equipment and supplies to the banking industry, today announced a strategic alliance with BANC [French, Bench.] The location where a court customarily or permanently sits. When a court is sitting in banc (or en banc), it means that a meeting or session of all the judges of a court is taking place. :source Inc. Under the terms of the agreement, BANC:source will become a service partner and authorized au·thor·ize tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es 1. To grant authority or power to. 2. To give permission for; sanction: dealer for CheckTech Financial's product line. Headquartered in Henderson, Ky., BANC:source is a national sales and service company providing equipment, hardware maintenance, software support, and other products to the financial industry. "We are pleased to partner with BANC:source," said Brian Boyd Brian Boyd is a Distinguished Professor in the Department of English at the University of Auckland, New Zealand. He is known primarily as an expert on the life and works of author Vladimir Nabokov. , president of CheckTech Financial. "Our experience with BANC:source has made it clear that it shares our commitment to using technology and superior customer service to help our customers improve their productivity." The alliance between CheckTech Financial and BANC:source is in anticipation of implementation later this year of the Check Clearing for the 21st Century Act, or Check 21, that will require banks to accept electronic check imaging and truncation. "As check processing moves away from paper, CheckTech's products are essential tools our customers need to become Check 21 compliant. Knowing that a BANC:source rep is always available for sales and service gives our customers an added sense of security," Boyd said. Santa Fe, N.M.-based CheckTech Financial Corp. manufactures and distributes high-speed automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. check stripping equipment, encoders and paper check repair strips and supplies for sale to banks, credit unions and financial service centers throughout 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. . |
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