BancTec Introduces Check 21 Solution for Check Image Exchange

Today, Oct 2005

At TAWPI's Forum & Expo in Baltimore, document and remittance processing solutions provider BancTec (www.banctec.com) announced the release of PayCourier Check 21, an electronic check routing solution. Designed to ease the conversion to business operations in the Check 21 image exchange environment, PayCourier Check 21 can be implemented as a standalone solution or as part of an existing BancTec PayCourier remittance solution.

As a standalone system, the software interfaces with any legacy system, regardless of the institution's processing infrastructure. PayCourier Check 21 imports images, converts data according to industry standards and routes images to image-enabled institutions. Recognizing the importance of distributed capture, the new solution can establish an unlimited number of capture points and can present items to multiple exchange points after conversion.

PayCourier Check 21 includes an Image Replacement Document (IRD) module that allows users to produce IRDs that can be processed as substitute checks. It also utilizes Image Sentry, an image quality and usability tool that ensures all images are tested for compliance with industry standards.

"We have ensured that businesses, especially those using legacy systems, can leverage their existing systems for Check 21 image exchange," said Mark Fairchild, senior VP with BancTec. "For clients running BancTec PayCourier, OSA, 9500 or any other remittance processing system, PayCourier Check 21 offers a comprehensive and adaptable interface."