CONIX Systems Form Strategic Alliance with All My Papers

Tuesday 29 March 2005 10:18 CET | News

CONIX Systems has formed a strategic alliance with Saratoga, Calif.-based All My Papers, a developer and distributor of software toolkits, applications and hardware that processes, extracts data, and prints check and document images.

The alliance allows CONIX Systems to integrate All My Papers’ image magnetic ink character recognition (MICR) verification and image repair technology into CONIX Systems’ IRD Print solution, which provides financial institutions with the ability to print Image Replacement Documents (IRDs) exactly as required by the recent Check 21 legislation. The CONIX IRD Print solution converts an x9.37 file into printed IRDs using a wide variety of MICR-capable printers. The MICR verification feature allows CONIX Systems’ customers to match electronic MICR data to an OCR read of the MICR line on images to ensure that printed IRDs are consistent with the original check, without changing processing systems to capture dashes, separation and other characters required by regulation. The image repair technology allows institutions to use essentially every image by eliminating image background noise, repairing skewed images and improving overall image quality for MICR verification and printing. Both the MICR verification and image repair features are available as an elective feature to IRD Print that can be executed both before and during the printing process. The incorporation of All My Papers’ technology, which is used to process millions of images every day by the U.S. Department of Defense, the U.S. Department of State, Capital One, American Express and hundreds of other organizations in over 20 different countries, allows CONIX Systems to offer its customers greater efficiency and accuracy in their image processing operations.

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Categories: Payments & Commerce | Payments General
Countries: World
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Payments & Commerce