News

Planad Angola bolsters check security with NCR solution

July 12, 2013

NCR Corp. has expanded its relationship with Planad Angola one of the largest IT distributors for financial institutions in that country, to begin implementing the NCR Check Bureau solution. NCR Check Bureau allows FIs to produce checks with security features in house, improving the delivery time to customers from two to three weeks to two to four days.

The NCR solution uses laser technology for personalization and impact printing for the MICR encoding on the security documents. The solution is controlled by specialized software with integral barcode verification for the MICR encoding.

"NCR's hardware and software solution will help our financial institution customers deliver a more efficient and secure check service to consumers," said Marques Gomes, CEO of Planad, Angola. "By performing this activity in house, we can localize check production and improve delivery time, all with the same level of security of producing the checks through distributors."

NCR Check Bureau is available to partners and financial institutions in the MEA region, including Bangladesh, Malawi, Kenya, Zambia, Tanzania, Nepal and Mozambique. The solution addresses new specifications and security standards for the checks in these markets, including optical character recognition, intelligent character recognition, and print contrast signal, among others.

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