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RSSEPSON Scanner For Remote Deposit Capture By US Bank
April 24, 2008
Epson, a leading supplier of value-added banking solutions, recently announced that U.S. Bank, the sixth largest commercial bank in the U.S., has selected the Epson CaptureOnetm check scanner as a standard component of its On-Site Electronic Deposit service. Available immediately to the bank's corporate and commercial customers, CaptureOne enables fast, two-sided scanning of checks and remittance coupons, streamlining workflow and reducing overall check processing costs.
"CaptureOne allows us to enhance our remote deposit capture offering and deliver new features our customers have been asking for," said Stephanie Schmitt, vice president, treasury management product management, U.S. Bank. "With its built-in franker, logo endorsement and batch scanning features, CaptureOne gives us the flexibility to deliver added functionality that will differentiate U.S. Bank and carry our customers into the future." The bank views CaptureOne's industry-leading two-year standard warranty as a competitive differentiator and sees high potential for the Epson scanner among business customers requiring batch processing capabilities.
Incorporating one of the most powerful Magnetic Ink Character Recognition (MICR) algorithms in the industry, CaptureOne delivers the best MICR read rate of any desktop scanner available today for Back Office and Remote Deposit Capture applications. "CaptureOne's high MICR accuracy outranks other desktop scanners in its class," said Bud Weist, vice president of sales and marketing, Epson System Device Group. "In addition, its high-quality image scanner is designed to reduce Non-Conforming Images (NCIs), making CaptureOne a highly-reliable option for financial institutions looking to provide cost-effective check capture to their commercial customers."
CaptureOne Features and Benefits CaptureOne offers a 100-sheet document feeder in two versions, with scan rate options of 30 or 60 documents per minute (DPM). Other features include clear electronic endorsements for 100 percent legibility, a double check detector that virtually eliminates double-check feeding and a built-in franker that prints a static message on checks and payment coupons. In addition to being the only batch check scanner available with a two-year warranty, Epson provides overnight replacement options to minimize downtime.
About U.S. Bank
U.S. Bancorp, with $238B in assets, is the parent company of U.S. Bank, the 6th largest commercial bank in the United States. The company operates 2,518 banking offices and 4,867 ATMs, and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions. Visit U.S. Bancorp on the web at
www.usbank.com.
About Epson
Epson is one of the world's leading manufacturers of highly reliable point-of-service technology, including printers, precision printing mechanisms and digital image scanners. For the second year in a row, Epson has been ranked first in POS peripherals in the RIS News 2007 Hardware Leaderboard and the Vertical Systems Reseller 2007 Hardware Leaderboard. Founded in 1975 and headquartered in Long Beach, CA, Epson America, Inc. is the U.S. affiliate of Japan-based Seiko Epson Corporation, a global manufacturer and supplier of high-quality technology products that meet customer demands for increased functionality, compactness, systems integration and energy efficiency. For more information, please visit
pos.epson.com/financial.
SOURCE: Epson America, Inc.
