Slough, England (openPR) 4 November 2004

A new mobile financial systems and outsourcing services company, BancTec Limited, will revolutionize the way credit card applications are made in the area. BancTec system offers a robust mobile coverage, very effective method to capture, process and approve applications for credit cards, remote control and immediately.

with mobile devices such as PDAs, smart phones and tablet PCs, sales representatives on the ground in order to electronically capture card applications for credit risk in crowded airports, shopping malls and at exhibitions. Mobile devices use a template for the details of all applicants, which encrypts and securely downloaded to BancTec Managed Services operation over GPRS record. Each application will be processed in real time through a series of data checks, including address and bank account validation and solvency. This allows the system to the Regional Sales Representative Notify for all issues related to demand, while the applicant is still present. “

also supports the new system BancTec future legislation requiring credit card companies to inform applicants of the APR at the time of application. The system can calculate an appropriate price, depending on application requirements will be delivered to the customer. Not only does it on 31 May 2005 to comply with legislation, it avoids the need for a high range, which would otherwise be necessary for mobile vendors.

BancTec, the new package in the context of a fully managed service requires no investment. BancTec provides mobile devices, a package of airtime, the central server, treatment, and support. Central control units provide complete flexibility, including security and asset management, reporting and productivity even tracking of sales team on the field.

The service is managed by the secure data center BancTec Harlow, located to the backup server in Heathrow.

“Mobile technology is now solid and fast enough to support complex applications in the financial sector,” said James Silcock, Business Development Director at BancTec. “Our mobile capture technology removes the burden of re-entering data or managing the processing of paper forms and gives applicants an immediate decision on their application. It can even request additional information if necessary.”

wireless applications can now replace the traditional pen and paper forms. Handwriting may be poor and often impossible treated for scanning applications and handwriting recognition are. This can lead to increased cost of treatment information should be entered manually and often the agent or applicant must be re-contacted to collect missing data. “

full monitoring and reporting tools are integrated, offering MIS statistics, audit trails and productivity reports. Like all form data into a single repository, access can be provided in a number of ways to these reports, for example via a secure Web browser or a summary of the daily management, sent automatically saved.

Finally, BancTec has built a portable printer via infrared, to provide a completed form for the customer, and requires the collection of the customer’s signature on the paper, if at all.

The system works on any Windows CE / Pocket PC 2003 devices, including smartphones. Software on the devices can be updated remotely, avoiding the need for updates back to the base cost.


About BancTec

founded in 1972, BancTec is the integration into the global process systems business, outsourcing (BPO), software and services company providing high-volume, mission-critical solutions automate and streamline business processes and data intensive paper. BancTec has deployed transaction solutions in over 50 countries, counts among its customers some of the largest companies in the world. As a leading global provider of at least 50 million documents or items are collected and processed BancTec systems every day all over the world. BancTecÂÂ? S range of products combined provide unique flexibility, scalability, and connectivity to an unprecedented level of automation in the capture, processing and distribution of two electronic and printed documents of all kinds

BancTec complements its product portfolio with a number of proven hardware solutions, backed by reliable service and support. More at: www.banctec.co.uk

MSS simplifies credit card applications

Admission Basis for the legislation in April next logon
Images are available

www.medialink.co.uk / press

For more information please contact:

Ray Jones w /
> Media Link

/ p>

0118 984 3386

ray@medialink.co.uk

Ian Painter p /

BancTec Limited w /

0175 377 8701

ian.painter

banctec.co.uk @

P

###
clear = “all”
Applications for credit cards