VECTORsgi Introduces Replacement for Paper-Based Capture Systems

Friday 22 April 2005 06:07 CET | News

VECTORsgi, a Metavante company, has released VECTOR:PICS, a payment information and control system designed to replace a financial institutions paper-based capture system and prepare it for the transition to a Check 21 environment.

The product works as a long-term replacement for paper-based capture systems. The replacement can be implemented in steps or all at once. VECTOR:PICS builds on a banks existing infrastructure, integrating with capture technology or image exchange components. VECTOR:PICS captures both data and images from a variety of sources, including scanners, remote branches, other banks and corporations. VECTOR:PICS navigates a banks transition to a total electronic network. With the solution, items clear faster, which mitigates risk and reduces fraud. Additionally, VECTORsgi offers consulting and production support services to help banks optimize their current paper-based capture system while transitioning to being a full image exchange participant.

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Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce