Kodak Alaris and Emmedi to provide banks with new check processing solution
By Leandra Monteiro
Kodak Alaris announced that it has signed a strategic partnership with Emmedi, an Italian company specializing in application development for the banking sector. The two companies will collaborate to offer banks a packaged solution optimized for efficient, reliable and cost-effective check processing. The solution delivers decoding performance that is improved compared to traditional cheque scanners. It features Kodak S2000 Series Scanners combined with Emmedi’s 4Cheque application.
Naji Kazak, General Manager – Middle East, Africa, Turkey & Russia of the Alaris division of Kodak Alaris said, “Faced with aging infrastructure and a rapidly transforming industry, banks are under continuous pressure to reduce cost, simplify workflows, and improve the customer experience, all while ensuring confidentiality and compliance with data handling requirements. Kodak Alaris is keenly aware of these challenges and constantly brings technology and innovation to market to address these issues. The latest collaboration with Emmedi is one such innovation designed to enhance the versatility of our scanning devices and help banks do away with traditional cheque scanners and their associated costs.”
The Kodak S2000 Series is a family of compact, powerful, and easy to use network/wireless and USB-connected desktop scanners that offer a highly efficient solution for scanning small, fragile documents like cheques. 4Cheque is an innovative decoding interface built into the S2000 Scanners that can be easily integrated into banking applications, providing all the typical functionalities of a check scanner.
In today’s climate, which is characterised by the increasingly widespread demand for automated processes, the solution delivers optimal decoding results. It reads MICR (CMC7 and E13B) and optical (OCR-A, OCR-B, numerical and alphanumerical) fonts as well as barcodes, which ensures that the data obtained is secure and consistent. The software has simplified the jobs of thousands of workers by optimizing time and significantly reducing foot traffic between the front and back offices. The solution is available in 6 languages and is fully compatible with the most popular electronic banking systems in the world. In addition, the new legislation on dematerialization allows 4Cheque to decode the code lines of bank cheques from any country in the world with extreme precision.
“From 2011, with our best-seller product 4Cheque, Emmedi has played a key role in the digital revolution and in the paper-less process that involved Italian banks and extended to over 100,000+ software installations across global institutions. In Kodak Alaris we have found a partner that shares our vision to offer innovative solutions to optimize document management. We believe that this joint solution will find rapid uptake among banks that are looking to further their digital transformation ambitions,” concluded Sara Nonini, Key Account Manager at Emmedi.
IBSi Daily News Analysis
May 16, 2022
Digital payments caused a paradign shift in rural IndiaRead More
IBSi FinTech Journal
- Most trusted FinTech journal since 1991
- Digital monthly issue
- 60+ pages of research, analysis, interviews, opinions, and rankings
- Global coverage