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Faster cheque processing gets image recognition

ManTech Advanced Recognition Ltd (MARL) has been selected as a finalist at the Information Management Awards 2001. Shortlisted for the Document Management Product of the Year award, MARL’s RDS6000 Document Reader Scanner enables the faster processing of documents used by banks, including payment cheques, bills, and travellers cheques by capturing the entire image, omitting the need for time-consuming data entry. This year’s event will take place on November 29.

The technology is a collaborative offering of specialist hardware and software development from SEAC Banche and MARL, and has been put to use in retail banks, to assist in speeding up cheque processing and minimise customer queuing time. This gives cashiers more time to serve customers. In addition, it is anticipated that operator errors will be reduced, as the RDS 6000 takes a complete scan of the cheque value and credit slip rather than relying on data input manually by a cashier.

The Information Management Awards recognise the excellence and innovation for the management of business information, and are judged by a panel of experts looking for tangible business benefits, originality, and innovation of the application.

MARL’s Group Marketing Director, James Silcock, says, “We are delighted to have been selected in this category. The RDS6000 was engineered in response to the challenges banks are facing with cheque processing. By developing this technology, we are helping retail banks slice the time taken to process cheques, by increasing accuracy and speed. This has a tremendous knock-on effect to their customer service, freeing up staff to focus on core customer activities. Essentially, this technology is a catalyst for fulfilment aspirations. Our selection for this award endorses our commitment to providing innovative technology that meets the growing demands of business.”


About the Information Management Awards

The Information Management Awards is the premier industry event in recognition of excellence and innovation for the management of business information in the e-business age. The primary criteria for judging are the delivery of significant and definable business benefits, together with the innovation and originality of the application. The event has become highly valued in the IT and business world and is now in its sixth successful year, with each year setting record entry levels. In 2001, the Awards dinner and presentation will be held on 29 November in The Great Room at the Grosvenor House Hotel when the attendance will exceed 1000.


About ManTech

ManTech’s European Headquarters is based in Windsor, UK. ManTech Advanced Recognition Ltd is part of ManTech International Corporation, a privately held integration services company with more than 5,000 employees, serving clients in commercial and government agencies in over 30 countries worldwide.

MARL provides high quality, high performance software and hardware products for accurate and automatic data acquisition. The company has over thirty years experience in the supply of payment processing, data capture and document imaging systems to banks and financial institutions, transport and courier companies, warehouse and logistics organisations, utilities, telecommunications and subscription TV services.

For more information, visit ManTech's web site at: http://www.mantech-euro.com


Editor’s Contacts:

Claire Adam/Natalie Johnson
MCC International Ltd
Tel: 01962 888100
E: claire.adam@mccint.com
natalie.johnson@mccint.com


James Silcock
Group Marketing Director
ManTech Europe Ltd
E: james.silcock@mantech-euro.com
Tel: 01753 838211



This press release was distributed by ResponseSource Press Release Wire on behalf of MCC International Ltd in the following categories: Consumer Technology, Personal Finance, Business & Finance, Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.