Case Study - Banco Popular | Source Technologies

AT A GLANCE

1. Banco Popular de Puerto is the largest bank in the Commonwealth of Puerto Rico. The bank leads the deposit and loan markets on the island with over $20 billion in assets. It operates through an extensive network of 193 branches in the commonwealth, as well as about 30 mortgage offices and nearly 40 Popular Finance locations that offer small consumer loans. 

2. The bank maintained 26 different types of checks which required significant effort and cost to purchase and maintain.  Printing from the back office system was unreliable, difficult to manage, and did not allow check reprints.
3. Banco Popular chose Source Technologies’ CheckPartner™ Enterprise (CPE) secure printing software, a secure, server-based software. 
4. CPE provided reprinting capabilities plus gave them needed online visibility, reporting, and centralized control over all of their payment processes.