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BancTec Sells Imaging Product.
BancTec Inc. of Dallas is shipping an integrated image-based check processing product that handles all check processing functions. BancTec says with the ImageFirst system checks, are scanned into the system, so handling of paper checks is eliminated. All queries on items are handled on employee workstations using digital check images. The ImageFirst product gives financial institutions remote check capability, proof-of-deposit, intelligent character recognition, power ending, backend capture, exception item processing, image-reject repair and image check statements, BancTec officials say. The company is marketing the software to large international banks, community banks with more than $1 billion in assets and data processing centers. The product will simplify those institutions capture sorting and balancing functions, BancTec says. "{The software} allows the supervisor to structure the system to...