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United States : Source Technologies Latest MICR Printer Minimizes Rish of Fraud, Offers Significant Cost Savings.

Source Technologies, an innovator in bringing true business process improvement to the marketplace, announced the availability of its ST9717 magnetic ink character recognition (MICR) check printer the company s latest mid-level product under its ST9700 series of secure printers. The ST9717 is a desktop-class MICR printer designed for on-demand secure printing of checks and other negotiable documents, providing financial institutions and businesses with a level of security unrivaled in the industry.

The ST9717 features print speeds of up to 37 pages per minute, a first-time print rate of 6.5 seconds and duty cycle of up to 60,000 pages per month. While ideal for mid-size financial institutions and businesses with mid-level volumes, the printer offers the same MICR print quality and security features as Source Technologies high-volume printers and comes standard with USB, Parallel and Ethernet ports. The ST9717 also includes an 800 MHz processor, 256MB of standard memory, integrated duplex printing and 2.4-inch color display to keep information readily available.

Demand for secure MICR printing continues to grow as check fraud persists a reported $11 billion problem that affects financial institutions and businesses of all sizes, said Keith Hamilton, president and CEO of Source Technologies. Our line of secure printers is engineered specifically to combat a variety of check fraud schemes, helping organizations reduce their exposure to fraud while dramatically reducing paper costs. Although it is aimed at environments with mid-level volumes, the ST9717 is equipped with extensive check printing security features and delivers the same MICR print quality as our high-volume printers.

Source Technologies line of MICR print solutions provide true business process improvement by cutting costs by as much as 80 percent, virtually eliminating the risk of check fraud and improving efficiencies by removing manual processes.

2014 Al Bawaba (Albawaba.com) Provided by SyndiGate Media Inc. ( Syndigate.info ).

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Publication:Mena Report
Date:Jul 17, 2014
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