NCR and VECTORsgi Team

Thursday 20 May 2004 15:17 CET | News

NCR and VECTORsgi are expanding their partnership to provide First Citizens Bank and Frost National Bank with a single payment-processing platform for enterprise-wide balancing and exchange.

VECTORsgi and NCR can offer large institutions an end-to-end solution with the greatest scale and flexibility, including image capture, image archive, Day 1 and Day 2 applications and image exchange. In this instance, NCRs ImageMark enterprise distributed and low-speed capture and enterprise balancing solutions will integrate with VECTORsgis high-speed capture, exchange and image-enabled Day 2 applications. With these best-in-class products seamlessly interfaced, financial institutions can increase operational efficiencies, improve quality and leverage existing investment in either of these two widely proven solutions. In 2000, First Citizens began replacing its high-speed check-processing equipment with NCRs imaging transports and ImageMark Transaction Manager platform. Since then, the bank has opened two additional processing centers and four remote capture facilities across the United States. Additionally, First Citizens recently selected VECTOR for Day 2 and image exchange. Frost National Banks requirement to process a large volume of work quickly to support its correspondent business resulted in a different approach. Frost National Bank has implemented the NCR and VECTOR technology in a manner that coexists with its legacy high-speed environment.

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Categories: Banking & Fintech | Online & Mobile Banking
Countries: World
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Banking & Fintech

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