Source Technologies Releases “What’s Hot in Financial Self-Service Kiosk Technology” Video
CHARLOTTE, N.C., November 16, 2006 -Today at the BAI Retail Delivery Show, Source Technologies introduced a video news release featuring Quorum Federal Credit Union's pioneering use of financial self-service kiosks to serve members in its branches. The video is 4.43 minutes in length. An abstract follows below.
What: Source Technologies, a leading provider of integrated solutions for managing financial transactions and other secure business processes, provides a quick and easy way for customers to complete financial transactions through its transactional self service kiosks. By allowing members to complete transactions with just a few simple touch-screen prompts, waiting in long lines can become a thing of the past. The average transaction takes less than two minutes, and can be completed using cash, checks, credit and debit cards.
Financial institutions such as Quorum Federal Credit Union of Purchase, N.Y., have reaped the benefits, serving members through self-service kiosks. Quorum FCU, with more than 25 self-service kiosks has extended its branch footprint, improved operating costs, increased personal interaction, and has provided faster service in the service center.
Note: Fast forward to 3:25 minutes for an example of a financial institution using self-service kiosks.
Who: Bruno Sementilli, president and CEO of Quorum Federal Credit Union, shares the benefits of having self-service kiosks for members of financial institutions. (3:25)
This forum will provide best practices behind MICR check printing to businesses and financial institutions. Session participants will learn the three major problems associated with manual check issuance, the two major components of an automated check printing solution and best practices for implementation.
Who: Bruno Sementilli, president and CEO of Quorum Federal Credit Union, shares the benefits of having self-service kiosks for members of financial institutions. (3:25)
"To our surprise and delight, members accepted kiosks. They preferred the self-service concept, in most cases," said Bruno Sementilli. "A kiosk allows members to make withdrawals from their accounts, cash of course, but also by check and they can determine the payee. It has helped us reduce cost. It has helped us go into locations that previously we couldn't consider."
Bill Lynch, vice president of Self-Service Solutions of Source Technologies explains the reasons to purchase a kiosk, highlighting the cost and labor efficiencies it brings to companies and financial institutions. (2:45)
Chuck McDermott and Bruce Beeco of Cox Communications talk about the advantages of a self-service solution from a retailer’s perspective, and how their company plans to expand the solution to other customer types. (1:30/2:09)
Where: For more information about Source Technologies" Self-Service Kiosks, please visit www.sourcetech.com.
About Source Technologies
Founded in 1986, Charlotte, N.C.-based Source Technologies is a leading provider of integrated solutions for managing financial transactions and other secure business processes. In addition to the concourse™ family of self-service kiosks, Source Technologies offers secure disbursement software solutions and magnetic ink character recognition (MICR) printing solutions and consumables for secure document applications. Customers include nine of the top ten U.S. Banks, plus hundreds of Fortune 1000 and mid-sized companies. Source Technologies has created more than $400 million in economic value for its customers in the last ten years. For more information, visit www.sourcetech.com.