IPSA offers to finantial institutions its knowledge and technology on the implementation of document solutions to automate the processes based on payment documents, that are subject to be daily cleared. It implies to manage large volumes of paper documents, comply with regulations, and allow the coexistance of remote and centralized processes to ensure the efficiency and economy of the process.

To submit your information each day to the Interbank Clearing System is a compulsory task for finantial organizations as they have to meet the deadlines defined by regulators. In this process, any error will mean losing large amounts of money. If these finantial organizations work with paper checks, the difficulty of the process increases due to all the problems derived from the use of paper documents.

The latest trend shows a moving to image based check truncation and clearing as it shows, for example, the Check 21 Act USA regulation. Those measures look for speeding up processes, reducing costs and minimize risks to banking insitutions, as well as they force them to adopt the appropriate tools to process checks based on images.

Ensuring confidentiality and security during the process are essential requirements that must be ensured by the banks. For example, control who reads a document or the verification of signatures on a check are just some details to be considered.

Additionally to guaranteering the correct processsing of checks, banks should take advantage of the new opportunities that imaging and scanning technology can bring them as scanning from ATMs or web-based check capture. These funcionalities enable to reduce the workload on front office as well as they help improve the quality service to banks's customers.

IPSA provides solutions and experience in imaging and check processing to help banks to improve their processes, reduce their costs and improve the quality of their service.