HIGHLY AUTOMATED, END-TO-END CHEQUE PROCESSING
Although most industries around the globe are slowly but steadily move toward becoming more and more paperless, this transition is much slower in the financial sector. Paper cheques are a good example of an old approach that in many countries are still popular and widespread amid all the intention of banks to avoid paper-based financial operations. Dealing with paper cheques gives banks a constant headache: How to process these cheques effectively? How to avoid unnecessary printing, mailing, courier costs and how to be protected against various forms of cheque fraud?
Well, MPS has the right solution!
In contrast to many cheque processing solution on the market, which provide limited automation capable of capturing only some fields from a cheque, MPS IntelliVector can capture all fields (both machine printed and handwritten) from any paper cheque of any layout.