NORTHFIELD, Ill., July 20, 2010 (GLOBE NEWSWIRE) -- Digital Check (www.digitalcheck.com), a provider of desktop check scanners and remote deposit capture technology to the financial industry, in a new partnership with ATP S.A., a company specialized in technological solutions for the Brazilian financial system, secured its first success in signing an agreement with Banestes - Bank of the State of Espírito Santo.
Banestes, which is establishing a new system of check truncation that will reach all of its bank branches, as well as non-banking correspondents, recently purchased 1,000 Digital Check CheXpress® CX30 scanners for the project. The bank will have truncation fully operational by the end of July.
Banestes is first Brazilian bank to start clearing checks from digital images, and the first to fully meet the standards of the Camara de Compensacao do Banco do Brasil, a central Brazilian processing mechanism through which financial institutions exchange payment instructions and other financial obligations. The process will speed up check clearing processes, while reducing the transportation and logistics costs of documents. ATP S.A. utilizes Imagon solution for its projects, sending the scanned image of the check for clearing, without the need for the physical exchange of documents, and will be responsible for integrating its platform, and for the installation and maintenance of Digital Check scanners with the bank's banking system.
Nori Lermen, president of ATP, commented, "This partnership will bring great results for both companies, considering the excellent products and solutions our two companies offer to banks, especially in the area of check image capture and truncation." Adrian Henigman, Country Manager of Digital Check in Brazil, added, "We look forward to strengthening this partnership with ATP S.A. and expanding our business to other Brazilian banks."
About ATP S.A.
ATP is a Brazilian company specialized in providing technology solutions and services to the Brazilian financial system, telecommunications, utilities and retail industries. The company developed solutions for content management, check and multi-document image processing and storage management, payments, microfilm, electronic printing, non-banking correspondents, self-service contact center and training, which are interlinked to offer the customer comprehensive services for all areas of interest.
The largest non-bank institution to process documents, ATP has its own network of shared financial terminals for multiservice - Network Sim! A pioneer in developing and implementing solutions for banking and financial inclusion, ATP has the "Microagencia Banking," a low-cost solution to perform banking services outside the branch, and can also integrate non-banking services. The company is also the first in Latin America to perform the 2D code check printing. In the area of imaging technology, ATP offers a solution for check capture, deposit and custody, installed directly at the retail cashier - the Imagon Verify.
About Digital Check
Digital Check is a provider of distributed-capture check scanners for branch automation and remote deposit capture applications. The Northfield, Ill.-based company was selected for Bank Technology News' 2008 "Ten Technology Companies to Watch" for its innovative products and has been listed as one of the publication's top innovators. Digital Check's TellerScan® and award-winning CheXpress® series of electronic scanners are cost-effective and provide high quality images, MICR accuracy, and reliability. The company's scanners are available worldwide through a network of more than 70 Authorized Solutions Providers, and are supported by Digital Check's comprehensive fulfillment, training, support, warranty and repair services. For more information call 847-446-2285 or visit the company's Web site at http://www.digitalcheck.com/.