TRW wins image processing contract to upgrade Bell Atlantic payment processing centers
Work Process Improvement Today, Oct 1998
TRW (NYSE: TRW) announced that it has been awarded a multimillion dollar contract to provide image processing systems to Bell Atlantic Network Services Inc. for its payment processing centers in Cranford, NJ, and Hunt Valley, MD. Bell Atlantic's local telephone companies will use the systems, which will be delivered incrementally throughout 1998, to automatically process the more than 13 million payment coupons and checks they receive each month from customers.
The TRW systems will improve the speed and productivity of Bell Atlantic's image-based processing operations while providing a foundation for electronic payments in the future. Based on the new TRW RPS NTT remittance processing system (RPS) technology, the systems will enable Bell Atlantic to use additional advanced image capture and mail opening devices, such as the OPEX(R) System 150 IEM and BancTec(R) E-Series transports. The systems also will allow Bell Atlantic to automatically read most handwritten documents with the third-generation TRW Corroborative ICR(TM) image character recognition (ICR) technology.
Compatible with Bell Atlantic's corporate computer standards, the open, scalable systems will operate TRW's remittance processing application software on standard PC hardware with the Microsoft Windows NT operating system.
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