Core Systems

08:55 PM
Connect Directly
Twitter
LinkedIn
RSS
E-Mail
50%
50%

Zions Bancorporation Implements Orbograph’s Automation 08 Recognition Service

Salt Lake City-based Zions Bancorporation has implemented Orbograph's (Billerica, Mass.) Automation 08 recognition services within its POD workflow.

According to Orbograph, the Automation 08 recognition service enables financial institutions and service bureaus to approach straight-through-processing (STP) levels of efficiency and targets automation levels of 98 percent with 99 percent accuracy. Operationally, this solution will eliminate all but 2 percent of the Amount Field data entry requirements for Zions Bancorporation. It will also significantly reduce balancing costs by attaining 99 percent accuracy, says the company.

Peggy Bresnick Kendler has been a writer for 30 years. She has worked as an editor, publicist and school district technology coordinator. During the past decade, Bresnick Kendler has worked for UBM TechWeb on special financialservices technology-centered ... View Full Bio

Comment  | 
Print  | 
More Insights
Register for Bank Systems & Technology Newsletters
White Papers
Current Issue
Bank Systems & Technology - August 2014
Modern core systems are emerging as the foundations of effective channel integration and customer engagement initiatives.
Slideshows
Video