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Wincor Nixdorf and Alogent Co-Develop the Industry's First Smart Client ATM Deposit Automation Solution.


LAS VEGAS Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States.  -- Wincor Nixdorf Wincor Nixdorf (FWB: WIN) is a corporation that provides retail and retail banking hardware, software, and services. Wincor Nixdorf is engaged primarily in the sale, manufacture, installation and service of self-service transaction systems (such as ATMs), retail banking equipment  AG and Alogent Corp. today announced a new straight through check processing partnership featuring the industry's first smart client ATM.

"We view Wincor as one of the forerunners in offering innovative and state-of-the-art multi-channel straight through check processing solutions to the market," said Brian Geisel, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Alogent Corp. "Our partnership delivers industry-leading point of presentment options that extend beyond ATMs and reach into other deposit channels. Now, banks can leverage the strategic benefits of Check21 through increased customer service and decreased costs, while simultaneously leveraging multi channels for real-time deposit automation."

The solution provides a real-time dialogue between the deposit channel and the check processing back end, using web services (1) Loosely, any online service delivered over the Web. Such usage appears in articles from non-technical sources, but not in IT-oriented publications, because definition #2 below describes the correct use of the term.  technology. This allows a specialized check processing platform to be implemented in the branch, item processing center or data center. Any changes to bank specific business rules can be updated and centrally deployed with real-time distribution and availability across the enterprise, thus eliminating the requirement to manually update the client software. As a result, the complexity of managing ATM and branch networks is reduced and solution silos for these channels are streamlined and thus eliminated.

"In a multi-channel environment, it is imperative that consistent and efficient centralized verification procedures are available to ensure the validity and security (e.g. image quality, fraud verification) of all transactions," states Reinhard Rabenstein, CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey.  of Wincor Nixdorf. "It is critical that interfaces to the bank's host systems, item processing systems and external interfaces such as the X9.37 image exchange format are also available. Alogent's deposit automation solution provides all these necessary functions and is proven in many of the world's top financial institutions."

Rolf Scheer, Director Product Management Solutions of Wincor Nixdorf states, "This solution is designed to run in traditional fat client environments, as well as in modern smart client infrastructures. The API can be combined with Wincor Nixdorf's proven multi-vendor software platform to support devices of multiple source and type."

About Alogent

Founded in 1995, Alogent Corporation is a leading global provider of enterprise payment processing solutions that enable financial institutions and processors to accelerate the conversion of paper to electronic processing. The company's Sierra suite of solutions automates payments and deposits at every point of presentment (including branches, ATMs, merchants, corporations and cash vaults) while optimizing electronic data 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
 and settlement. Alogent is the deposit automation market leader with our platform processing billions of payments annually with over 45,000 desktop points of presentment sold. The company's customers include HSBC HSBC Hongkong and Shanghai Banking Corporation
HSBC Humane Society of Broward County (Florida)
HSBC Humane Society of Bay County (Bay County, Michigan) 
, KeyCorp, Lloyds TSB and SunTrust, among others. Alogent brings proven delivery and leadership to help customers worldwide address mission-critical challenges. For more information, visit www.alogent.com or call 800-333-6030.

About Wincor Nixdorf

Wincor Nixdorf is one of the world's leading suppliers of IT solutions to the retail and banking industries. The company's extensive portfolio, consisting of hardware products, software, consulting, maintenance and other services, is aimed at reducing the cost and complexity of business processes while improving customer service. Wincor Nixdorf is the world's third largest supplier of POS (1) See point of sale and packet over SONET.

(2) "Parent over shoulder." See digispeak.

POS - point of sale
 systems and automated teller machines automated teller machine (ATM), device used by bank customers to process account transactions. Typically, a user inserts into the ATM a special plastic card that is encoded with information on a magnetic strip.  and the number one supplier of POS systems in Europe (source: Clarendon Report, April 2005). With more than 7,700 employees and net sales Net Sales

The amount a seller receives from the buyer after costs associated with the sale are deducted.

Notes:
This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight
 of [euro]1,948 million last fiscal year, Wincor Nixdorf operates in over 90 countries with manufacturing plants in Germany, China and Singapore. Worldwide headquarters are in Paderborn, Germany and North American North American

named after North America.


North American blastomycosis
see North American blastomycosis.

North American cattle tick
see boophilusannulatus.
 headquarters are in Austin, Texas. For more information, visit www.wincor-nixdorf.com/usa.
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Publication:Business Wire
Article Type:Company overview
Date:Nov 13, 2006
Words:581
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