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Secrets of MICR-Driven Merchant Offerings and Partner Solutions- Source Technologies' experts share payment solutions best practices

-Presented by Kiosk Magazine, Network Alliance, awards recognize outstanding functionality and user experience-

Where: 28th Annual BAI TransPay Conference and Expo May 3-5, 2005 in Orlando

What: In the wake of Check 21, secure, low-cost MICR printing solutions are enabling financial institutions to extend check issuance to mortgage brokers, trust companies, merchant clients and other business partners, while IRD printing is "short-circuiting" remittance and other payment processes. Extending check issuance to clients and partners cuts processing costs and provides streamlined, more competitive offerings to the market. Learn the potential bottom-line benefits of designing and deploying a secure printing solution, including...

Our intelligent self-service kiosks automate in-person customer transactions, and are specifically designed to provide a convenient and successful experience to both our clients and their customers," said Miles Busby, president, Source Technologies. Our solutions enable real time bill pay without a loss of functionality, and reduce the time and manpower required by traditional, manual payment processing procedures.

The Source Technologies' Bill Pay Kiosk enables customers to pay bills without waiting for assistance from a customer service representative. The users are identified at the kiosk through a barcode on their individual statement or by their account number, and are guided through their transactions step by step. The kiosks accept all forms of payment, including cash, check, debit and credit, providing the user with an efficient and convenient bill payment option. Businesses and financial institutions that employ these kiosks are able to redirect staff resources that would otherwise be devoted to payment processing and customer service.

  • How treasury services can leverage remote MICR printing with partners
  • Business application case studies and examples
  • Where Check 21 does and does not fit in
  • Challenges to extending the check issuance or IRD network to clients

Who: Bob O'Neill is a senior project manager with the Solutions Delivery Group of Source Technologies. In this role, he has been instrumental in the development of Source Technologies' Secure Payments Solutions, including e-DocSecure, CheckPartner and IRD Print Manager. He has 10 years of experience in the development and integration of secure negotiable instrument printing solutions.

Glen Fossella is the vice president of Marketing at Source Technologies, a leading provider of integrated solutions for managing financial transactions and other secure business processes. Fossella leads all strategic marketing initiatives and drives Source Technologies' external and internal communications programs. He has more than 20 years of enterprise software sales, business development and marketing management experience. Fossella played an important role in securing GE Cashworks a solution that is beneficial to its company and customers.

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.

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