In an effort to slash costs and become increasingly pertinent to the new economy, personal and business banking organizations are turning to document scanning by the truckloads. But is this new technology catching on? Several banks and an award-winning company weigh in.
Document Scanning the Swiss Way
In a case study commissioned by the Swiss financial group Basler Kantonalbank (BKB), the bank created an innovative records management system by linking high-speed production scanners to a 500-gigabyte NAS Hitachi storage system and Dell computers. The result was a serious reduction in labor hours filing personal documents and receiving check deposits.
Document Scanning Cuts Courier Costs
Sometimes, all it takes to push a bank into the new age is some good old-fashioned regulation. The Check Clearing for the 21st Century Act (Check 21) is one such piece. When Bank Mutual made the leap to document scanning out of compliance, they found a wealth of other benefits. Its distributed document imaging solution enabled Bank Mutual to cut courier service costs by $250,000.
Kodak is the New Face of Document Scanning
According to AllBusiness, the Kodak Company wins the blue-ribbon for peripherals at the FOSE 2008 Conference and Exposition. The company’s KODAK i780 Scanner beat out all other document scanners and multi-function printer/ copiers with respect to image quality and rapid capture speed. Look for the i780 Scanner coming to a bank near you.
Document scanning certainly appears to be the wave of the future in the banking world.
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3 comments:
Bank of America gets my nod for best use of document scanning. I don't have to fill out a deposit slip or envelope. Just slide the check into the ATM scanner. I even get a receipt of the transaction with an image of the check printed right on the front. Amazing!
Banks are notorious for paper-usage. It's about time they took some 'green' steps like the rest of us. Besides, document scanning lends itself to safer protection of financial data. This is long overdue.
The Check Clearing system for the 21st Century Act is one such created piece. When Bank Mutuals made the leap to document scanning out of compliance. Document Scanning Services
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