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NCR's ImageMark reduces risk

November 30, 2006

LAS VEGAS -NCR Corp.on Nov. 15 announced the release of its ImageMark Deposit Review, a new software application designed to address check fraud and subsequent regulatory compliance issues facing financial institutions.
 
NCR's ImageMark Deposit Review allows FIs to detect, isolate and evalute suspect check deposits before posting or image-exchange occurs, thereby reducing fraud and adjustment costs.
 
ImageMark Deposit Review includes a browser-based review function that can run parallel to NCR's ImageMark Transaction Manager for check-processing workflow. Using advanced analytics, rules are programmed into the application to flag items such as deposits for new accounts, high-dollar values and high-risk customer profiles in addition to the bank's unique requirements. An FI can program different rules for various purposes or banking channels and update accordingly to accommodate new regulations or fraud types. 
           
"Financial institutions today need to be ever more vigilant in their review of check deposits. ImageMark Deposit Review provides an early warning for suspect items before they become costly or risky transactions," said Dick Wheeler, assistant vice president of global product management and marketing for NCR's Payment and Imaging Solutions group.
 
 

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