The bank implemented Source Technologies secure printing solution, which included CheckPartner Enterprise software and secure MICR check printers. This reduced the need for an audit and secured the check stock while providing centralized control of their check issuance process. Today, the teller enters a request using the teller platform and the check information is passed in real time to CheckPartner Enterprise. Depending on the check amount, the solution automatically prints the check to the appropriate MICR printer based on branch location. If a check needs approval, CheckPartner Enterprise routes the request to a regional manager by email notification and approval is obtained remotely without the teller stepping away from the customer. All check issuance data is automatically captured and can be searched, exported to a third-party system, or scheduled for end-of-day reporting.
Because the bank implemented Source Technologies secure printing solution, the check issuance time is now 2-4 minutes. Additionally, the system now tracks fee dollars collected, which has increased 402%, effectively paying for the implementation of the new secure printing solution.