ATM Check Imaging: An Alternative Approach

Question:

We've just started an ATM refresh project, including adding check imaging, but won't be fully image enabled until early 2007. I know some banks are doing ATM imaging, then reconverting to IRDs and letting the IRDs flow into their paper item processing. Can anyone comment on practicality and payback of this approach?

Answer:

We have worked with several banks that are doing this and can share some insight. The solution has four basic pieces: The check imager, image capture software, IRD print-control software, and MICR printers. The process is virtually real-time, from capture to output. The IRDs spit out in the item processing center and are processed just like original checks. This eliminates a lot of moving parts and saves the bank time and money.

Vendor:

Source Technologies