BancTec Extends Payment Solutions With CheckFree Source Capture Suite/Web Capture
13 Agosto 2007 - 8:58AM
PR Newswire (US)
DALLAS and ATLANTA, Aug. 13 /PRNewswire/ -- BancTec Inc., a global
provider of advanced, high volume image capture, payment
processing, and infrastructure support solutions, announced today
that it has integrated CheckFree's Source Capture Suite(TM)/Web
Capture solution into its PayCourier(R) payment processing solution
under the terms of an original equipment manufacturer (OEM)
agreement. Combining the two solutions can enable PayCourier
customers to accept payments at a business location such as
corporate office, then send them electronically to their bank's
centralized lockbox processing center. This feature can eliminate
the need to re-mail payments to the processing center, resulting in
reduced customer costs and accelerated processing. "We are
committed to providing extended payment processing capabilities to
our customers, and the CheckFree Web Capture solution allows us to
achieve that objective in a very fast and efficient manner," said
Simon Fisher, vice president Global Product Services for BancTec.
"Careful evaluation demonstrated that CheckFree's Web Capture has
the security, ease-of-deployment, robustness and scalability
necessary to merge seamlessly into our service oriented strategy
for developing and deploying payment and document solutions."
CheckFree's Web Capture is a solution for businesses that would
typically capture any number of items a day. It is an easy-to-use,
browser-based solution offering check image capture and processing
and requiring minimal software at the client site. A key benefit of
adding Web Capture to BancTec's payment processing solution is
enabling end customers to capture payments over-the-counter, thus
complementing their primary, high-speed capture operations. The new
function can also capture exceptions and can handle "unclean"
payments, ensuring that operations are streamlined and fully
optimized to include workflows such as single, multiple, check and
list and document capture. To ensure that images are eligible for
Check 21, a fully integrated image quality control module is
included within the solution. Another core feature available in the
complex payment options includes the ability to capture full pages
using either a personal desktop scanner or a flow mode combo
scanner, thus enabling branch personnel to key and correct
information not properly read by the scanner. "CheckFree's
service-oriented solution was a great match to quickly and
seamlessly integrate with BancTec's premier offering, which can
significantly increase the value to BancTec's PayCourier corporate
customers," said Mike Ringuette, general manager of Payments
Solutions for CheckFree Software. "We are pleased that BancTec has
selected our solutions to help their customers process transactions
faster and reduce their costs." "We believe this partnership with
CheckFree provides the perfect complement to our payment processing
and document capture solutions, such as the industry-leading
IntelliScan(R) XDS," said Mark Fairchild, senior vice president of
technology and portfolio management for BancTec. "As we work with
CheckFree we look forward to investigating other ways to improve
our offerings." About BancTec BancTec helps clients around the
world simplify the process of managing their information. Founded
in 1972, the company provides a wide range of solutions for
automating complex, high-volume and data-intensive business
processes for clients in the financial services, healthcare,
manufacturing, government, services and utilities industries.
BancTec's offerings include business solutions, business process
outsourcing, and infrastructure services. With headquarters in
Dallas, BancTec is privately owned and serves clients in 50
countries. For more information on how BancTec can help you
optimize information management, visit http://www.banctec.com/ or
call 1-800-BANCTEC About CheckFree (http://www.checkfreecorp.com/)
Founded in 1981, CheckFree Corporation (NASDAQ:CKFR) provides
financial electronic commerce services and products to
organizations around the world. CheckFree Electronic Commerce
solutions enable financial services providers to offer the
convenience of online banking, and along with billers, to offer the
convenience of receiving and paying household bills online, via
phone or in person through retail outlets. CheckFree Investment
Services provides a broad range of investment management solutions
and outsourced services to hundreds of financial services
organizations, which manage about $1.8 trillion in assets.
CheckFree Software develops, markets and supports software
applications that are used by financial institutions to process
more than two- thirds of the nearly 14 billion Automated Clearing
House transactions in the United States. The division also provides
financial institutions and other organizations with payment
processing and consulting, reconciliation and exception management,
fraud and risk management, cash and logistics management, and
compliance software and services. Certain of CheckFree's statements
in this press release are not purely historical, and as such are
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. These include statements
regarding the integration of CheckFree's solution with BancTec's
offering. Forward-looking statements involve risks and
uncertainties, including without limitation, the various risks
inherent in CheckFree's business, and other risks and uncertainties
detailed from time to time in CheckFree's periodic reports filed
with the Securities and Exchange Commission, including CheckFree's
Annual Report on Form 10-K for the year ended June 30, 2006 (filed
September 8, 2006); Quarterly Report on Form 10-Q for the quarter
ended September 30, 2006 (filed November 8, 2006); Quarterly Report
on Form 10-Q for the quarter ended December 31, 2006 (filed
February 8, 2007); and Quarterly Report on Form 10-Q for the
quarter ended March 31, 2007 (filed May 10, 2007). One or more of
these factors have affected, and could in the future affect
CheckFree's business and financial results in future periods, and
could cause actual results to differ materially from plans and
projections. There can be no assurance that the forward-looking
statements made in this press release will prove to be accurate,
and issuance of such forward-looking statements should not be
regarded as a representation by CheckFree, or any other person,
that the objectives and plans of CheckFree will be achieved. All
forward- looking statements made in this press release are based on
information presently available to management, and CheckFree
assumes no obligation to update any forward-looking statements.
DATASOURCE: BancTec Inc. CONTACT: Chuck Corbin of BancTec Inc.,
+1-972-821-4970, ; or Scott Scredon of CheckFree Corporation,
+1-678-375-3752, Web site: http://www.banctec.com/
http://www.checkfreecorp.com/
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