Our customer is a Fortune 500 company with more than $200 billion in assets, operating 2000+ branches in the Eastern United States.
The typical issuance time per check was 8-10 minutes, and the bank discovered that official check fees were being waived 82% of the time.
The bank implemented Source Technologies' secure printing solution, which included CheckPartner Enterprise software and secure MICR check printers.
Additionally, the system now tracks fee dollars collected, which has increased by 402%, effectively paying for the implementation of the new secure printing solution.