NORTH CANTON, Ohio - Diebold Inc. is introducing a bulk deposit technology that features its new bulk document Intelligent Depository Module (IDM). The advanced IDM technology receives and processes both checks and bill payment documents in bulk. A fifth-generation solution, this module accepts and magnetically reads checks inserted in any orientation through an insertion slot placed identically on all of Diebold's Opteva ATMs. The IDM's paper-handling capabilities can process crumpled, curled and creased checks.
According to a news release, Diebold said the bulk document IDM, which handles stacks of up to 30 documents, represents Diebold's initiative to put its technology expertise to work so financial institutions can better serve small-business customers with envelope-free check deposits. The bulk document IDM also enhances the deposit experience for retail customers with multiple checks.
"We specifically designed this IDM according to our extensive consumer research," said Diebold's Ken Justice, vice president, global product marketing and management. "This new self-service offering brings more convenience to small-business customers at the bank branch, which in turn, leads their decisions about where to bank. A direct outcome of our study findings, this user-friendly module enables financial institutions to enhance their customers' experience and draw more clients with such highly requested features as check imaging at the terminal and bulk-check acceptance. In fact, our findings reveal about two-thirds of small-business customers prefer bulk-check acceptance at imaging terminals, primarily for the speed and convenience it delivers."
