LONDON, March 11 /PRNewswire/ --
BancTec Ltd., a global provider of advanced, high-volume, document and payment processing services and solutions, has signed a three-year agreement with Allied Irish Banks (AIB) to image-enable AIB's cheque clearing system with an online archive and retrieval solution. The automated solution replaces AIB's legacy microfilm system.
BancTec has developed a robust archive and retrieval solution that will significantly increase the efficiency of our clearing operation, said Donal Coogan, Clearing Operations Manager, AIB. This managed service will deliver operational efficiencies, reduce operational risk and help us deliver better customer service.