Checkprint, part of the TALL Group of Companies, the UK leader in the provision of secure print and payment solutions, has secured a contract to provide more than a thousand UV cheque scanners to Allied Irish Banks plc.
This financial institution will deploy these scanners at its branches across the Republic of Ireland, Northern Ireland and mainland UK.
The Digital Check Corporation (DCC) Tellerscan TS240-50 IJ UV incorporates an ultraviolet (UV) image capture function that provides the potential to expose counterfeit or fraudulently altered items. In addition, the ergonomically designed model delivers fast, quiet, multi-feed scanning and is also energy efficient. By using the TS240-50, the full image and data file is captured for archiving and onward transmission, enabling the issuing bank, the deposit account, sort code and serial number - together with the date, time and location of the transaction - all to be easily identified, creating a clear and concise audit trail. As a result AIB will be ‘image-ready’ when cheque truncation, a feature of the Future Clearing Model (FCM) is implemented, scheduled for July 2016 in the UK.
AIB ordered the scanners from Checkprint as a part of its programme to update ageing hardware across the organisation. The DCC TS240-50 was chosen due to its ability to seamlessly integrate with AIB’s internal systems and teller software. One of a line of cheque scanners from Digital Check Corporation, the flexibility of the API enabled full integration to AIB’s core banking environment.
Michael Coffey, Head of Branch Technology Enablement at AIB Group, said: “After an extensive due diligence process Checkprint demonstrated their capability to provide our business with a solution that will meet our requirements, including The Future Clearing Model, for many years to come. The ability to automate the current manual UV checking process, identifying suspicious items as they are deposited, was a key factor in selecting the TS240-50 IJ UV model. The new scanners will be installed across our branch network and will help us to continuously develop our technology based solutions, and promote greater efficiencies across our network.”
Martin Ruda, Managing Director of Checkprint, said: “AIB is a prestigious client and we are delighted with this partnering opportunity. Our ability to deliver future proof scanning equipment means we are well placed to support anyone with complex requirements, whether the focus is efficiency, fraud prevention or branch automation.”