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News

ACI and Diebold Show Support for Intelligent Check Handling

Friday 21 November 2003 22:48 CET | News

Diebold and ACI Worldwide have demonstrated an intelligent check handling solution on Diebolds Opteva 720 advanced-function automated teller machine (ATM.Diebolds Intelligent Depository Module (IDM), which accepts a check deposit without the use of an envelope -- increasing the accuracy and speed of the transaction and allowing financial institutions to adjust funds availability policies in the self-service environment so they are similar to those applied in the teller line. An image of a check is captured and displayed on the terminal screen for verification and the check image is printed on the receipt along with the transaction details. The IDM is a benefit to both the financial institution and customers. As the passage of Check 21 has more financial institutions looking at the value of intelligent check handing for self service, the deposit authorization role played by ACI takes on increasing value and importance.

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