The acceptance of paper checks has been a long- implanted process in both retail and financial institution settings. Scanning devices are getting a more common technology addition for safer working practices. In a bank setting, paper documents are scanned to produce a digital image for more advanced handling operations.
Did you know that you can save a lot of time, money and hassle using check imaging software capable of scanning MICR numbers compared to either pre-printed checkbook checks or pre-printed computer checks?
Emigrants within developing countries who transfer money to family and friends from their country of origin have become of adequate importance to the global economy as international financial aid. According to the World Bank billions of money is transferred to developing nations through remittance. Formal money transfer through international borders is processed through Banks and Agents.
Check Scanner devices are mainly designed to automatize check image capture actions within any banking institutions. Fifth generation models were designed particularly for the check capture requirements of a bank teller environment.
Document Scanning is the process of optically converting images, printed text, and handwriting into a reliable digital format. It involves scanning material for digital filing away with a view to bring down storage needs, and contour indexing and recovery