Infoscore's Press Releases

• Press Release 1 - Burroughs Scanners and Infoscore

  Burroughs SmartSource scanners supported by Silverlight-powered applications from Infoscore

  

  SmartSource Professional, Expert and Adaptive now available with cutting-edge application packages

  PLYMOUTH, Mich.
  Infoscore's Remote Capture Plus and PayData.NET applications now support Burroughs SmartSource Professional, Expert and Adaptive scanners.
  Both applications are powered by Microsoft Silverlight, which facilitates web-based hosting and an intuitive user experience.

  
  

  Darrell Thomas, President of Infoscore, said, "We are pleased to release our Silverlight interface for the Burroughs SmartSource series with our Remote Capture "Plus" solution for advanced RDC processing.
  Our RDC solution also includes complete Lockbox & End-User Remittance processing. We were first to integrate Burroughs CAPI in 1996, and now are the first to release our system that is based on Microsoft Silverlight web technology."

  
  

  Alan Howard, President and CEO of Burroughs, said, "We support a strong culture of innovation at Burroughs that is evident in our evolving product portfolio. Partners like Infoscore that choose to utilize cutting-edge technology to improve the customer experience are exactly the types of organizations with which we want to be associated."

  
  

  About Burroughs Payment Systems

  Based in Plymouth, Mich., Burroughs offers customers world-class service, industry-leading technology and overall support for an array of payment-related needs. It specializes in check-image capture and cash-automation solutions, and offers a variety of other complementary payments products to help customers become more effective and efficient. Burroughs is recognized as the industry leader with 50 years of experience and more than 100 years in innovating technology solutions in the payments area.

  For more information, please visit www.burroughs.com.

  About Infoscore

  Infoscore has one overall policy of "Win, Win & Win." This translates to any interaction or agreement in which it is involved must be a win for everyone. It is a provider of Remote, Home, Branch & Teller Check Imaging, Lockbox & End-User Remittance Processing, Archive Hosting & Vaulting, Ala-Carte Outsourcing and Credit Card & Merchant processing solutions for installation at customer sites and/or a SAS70 Type II hosted environment.

  
  

  Founded in 1987 and now headquartered in Charlotte, NC, Infoscore has more than 60 client installations nationwide ranging in size from small organizations processing a few thousand remittance transactions per month to very large financial institutions processing millions of transactions per month.

• Press Release 2 - Infoscore is First to Qualify CTS' LS40 Check Scanner

  Infoscore Payment Processing Solutions Now Feature Advanced Remote Deposit Capture Technology from CTS

  Burlington, Mass.
  February 23, 2010
  CTS North America, a leading supplier of cash and check solutions for merchant, teller, branch, self-service systems and retail point-of-sales counters today announced that Infoscore is the first to qualify their recently released LS40 remote deposit capture check scanner.

  
  

  With the LS40 integration and certification complete, Infoscore's e-Remote Capture Plus.Net solution now enables businesses to prepare and submit deposits electronically no matter where they are located using the compact LS40 Remote Deposit Scanner. Capture of any type of document (payments as well as coupons and ID cards) takes place using the economical but robust and feature rich LS40 in a remote location. The LS40's offers vertical "gravity feed" design dual cameras, accurate magnetic MICR and fast throughput in a small package. Payments are then electronically transferred from customer locations LS40 to Infoscore, where all remaining functions are processed at a secure website location. When combined with Infoscore's e-CCmerchant.Net solution credit cards, smart cards, and ID badges can also be processed on the LS40 along with other payment and document types.

  
  

  When choosing whom to partner with, Infoscore looks to its own comprehensive product development charter to ensure certified products are not only technologically advanced, but also scalable, easy to monitor and administrate, and easily distributable. According to Darrell Thomas, President of Infoscore, the LS40 is a solid fit for the .Net family of payment processing solutions, which are easy to implement and use and are fully scalable, accommodating any size operation, from start-ups to organizations processing millions of transactions per month at multiple sites.

  
  

  "We appreciate the opportunity to partner with CTS, and look forward to a long and mutually beneficial relationship," said Thomas. "Our payment processing expertise combined with CTS' superior scanning technology provides a win-win-win for our customers and both our companies," he added.

  
  

  "Infoscore's fast cycle development and expertise in remote deposit capture are major reasons why we're so excited to have them be the first to qualify our LS40 scanner," said Urs Bockli, Vice President of sales and marketing, CTS North America. "Using an early production unit and the CTS Common API, Infoscore integrated and certified the LS40 in a few days.

  
  

  LS40 Features

  CTS North America's LS40 check scanner, ideal for remote deposit capture applications, is known for its quiet operations, robustness, compact design, and ergonomic styling. The USB- power option provides fast data transfer reduces cable clutter on the desk. Featuring manual, vertical feed, the LS40 offers one of the smallest footprints on the market today making it convenient for narrow spaces. The LS40 also features front and rear check imaging in one drop, along with accurate code line recognition through magnetic MICR reading. Meeting today's application requirements, the LS40 combines document and ID reading and imaging in one compact and economical device. For further sales information call 781-685-4999 or visit http://www.ctsna.com.

  
  

  About Infoscore

  Infoscore, Inc. is a software solution developer of Remote, Branch & Teller Check Imaging, Lockbox & End-User Remittance Processing, Archive Hosting & Vaulting and Credit Card & Merchant processing suite for installation at customer sites and/or Infoscore hosted environment. Founded in 1987 and now headquartered in the Ballantyne Corporate Park area of Charlotte, North Carolina, Infoscore has over sixty (60+) client installations nationwide ranging in size from small organizations processing a few thousand remittance transactions per month to very large financial institutions processing millions of transactions per month. For more information, visit us at www.infoscore.us

  .
  

  About CTS

  Founded in 1980, CTS is the leading manufacturer of cash and check solutions for tellers, back offices, self-service systems and retail point-of-sale counters with more than 1,000,000 banking peripherals and over 150,000 scanners installed at end user locations across five continents. CTS is uniquely positioned in the banking automation industry and is ready to support the worldwide growing demand for banking solutions. The extensive CTS catalog includes Document Processing Devices (Scanners, Readers, and Encoders), Card Personalization Printers, OEM Modules and Dispensers, Cash Recycling, Coin Recycling and Processing Systems. For more information, visit http://www.ctsna.com.

• Press Release 3 - Infoscore Fiserv Lockbox Remittance

  Waterford Bank Selects Premier® Bank Platform from Fiserv

  Along with Multiple Value-added Solutions Bank's customer-centric focus on commercial clients results in exceptional growth
  Brookfield, Wis
  November 4, 2009
  BAI RDC Booth #417 - Fiserv, Inc. (NASDAQ: FISV)

  
  

  The leading global provider of financial services technology solutions, today announced that Waterford Bank, a commercial bank in Toledo, Ohio, that has experienced unparalleled growth in its first two years, has selected the Premier® bank platform. With a customer-centric focus and a dedication to provide integrated, customized financial services, the bank has now grown to assets of $197 million since opening its doors in 2007. Premier from Fiserv is highly scalable to accommodate continued growth, and additional business- focused solutions will allow Waterford to differentiate and compete effectively.

  
  

  Waterford Bank chose the Premier bank platform solution and outsourced account processing services from Fiserv to provide its primary customer base of small- and medium-sized businesses with the sophisticated financial solutions demanded by today's marketplace. To enhance its business banking capabilities, the bank will also deploy PayData.NETTM from Fiserv; a powerful, client server-based application that automates remittance and processing services, meeting all lockbox requirements.

  
  

  "Fiserv offers us a responsive, full-bodied system," said Michael White, president and chief operating officer of Waterford Bank. "The bank's aggressive growth plan demands the multifaceted management reporting and financial accounting provided by the Fiserv platform. We need a technology partner that understands what banking is going to look like five years from now - one that meets our needs today and in the future. Fiserv is that partner."

  
  

  Waterford also selected a variety of value-added Fiserv services, including remote deposit capture, treasury management, online banking and bill pay, mobile banking and electronic document management. This multi-product solution represents all five Fiserv core competencies: processing services, customer and channel management, insights and optimization, risk and compliance, and payments.

  
  

  The bank's impressive growth, particularly in the midst of an economic downturn, can be attributed to its highly experienced leadership team and a business plan that centers on commercial clients, corporate executives and professionals. Treasury management solutions that help business customers conduct financial tasks more quickly, accurately and cost-effectively serve this market segment well.

  
  

  Media Relations:
  David Carden
  Senior Vice President
  Bank Solutions
  Fiserv, Inc.
  

  
  

  Remote Deposit Capture for Premier, which enables businesses to prepare and submit deposits electronically no matter where they're located. More than 30 Waterford Bank business clients are already utilizing this service.

  
  

  "Fiserv is the right partner to meet our business strategy," said White. "They provide the cash management and treasury services that drive core deposits to support Waterford Bank." In addition to merchant capture, Waterford Bank offers a variety of other cash management solutions through Fiserv, including account analysis, positive pay, wire transfers, investments, customized statements and ACH services.

  
  

  "Waterford Bank's phenomenal growth - nearly eclipsing the $200-million mark by its second anniversary - is almost unheard of in these market conditions. Impressively, Waterford continues to win market share every day," said Jim Cross, president of the Central Region data center for Fiserv. "We are proud to be their technology partner."

  
  

  On track to deploy Premier in the fourth quarter of 2009, Waterford Bank anticipates a long-term partnership with Fiserv to support its anticipated growth in earnings and deposits. "It's not a secret how you can be successful," said White. "We've been true to our business strategy of courting commercial clients while investing in technology to support those clients. It all leads to increased core deposits, growth and profitability."

  
  

  About Waterford Bank

  Waterford Bank was established in August, 2007 in Toledo, Ohio. The locally owned and managed bank offers big bank expertise with a community-bank touch. Waterford belongs to CDARS (the Certificate of Deposit Account Registry Service) that provides customers with FDIC insurance of up to $50-million, assuring high net worth individuals that their money is invested in a secure institution. For more information, visit www.waterfordbankna.com.

  
  

  About Fiserv

  Fiserv, Inc. (NASDAQ: FISV) is the leading global provider of information management and electronic commerce systems for the financial services industry, driving innovation that transforms experiences for financial institutions and their customers. Ranked No. 1 on the FinTech 100 survey of top technology partners to the financial services industry, Fiserv celebrates its 25th year in 2009.
  For more information, visit www.fiserv.com.

• Press Release 4 - Integration with all other Infoscore Solutions

  Color Scanner Integration Increases Efficiency

  Infoscore, Inc. today announced it is integrating its Paydata.NET, a comprehensive remittance/lockbox processing solution, into the set of Information Technology, Inc. (ITI) core banking . Charlotte, NC, August 03, 2002:

  
  

  Infoscore (Charlotte, NC) is a software developer and value-added reseller of payment and other back office processing systems. The company developed PayData, a hardware and software solution for entering data, matching receivables, looking up hot or stop files, allocating payments to multiple accounts, and calculating float for funds availability. For six years Infoscore used Panasonic black and white production scanners in its PayData system. During this time, the use of color came to play an increasingly important role in online communications, including automated payment systems, because it increases reader interest in editorial content. With color, scanned documents look exactly like the original, enabling end users to read highlighted sections. Color also has an impact on production, since processor speeds are faster with color images.

  
  

  Modifying Hardware To Meet Specifications

  
  

  Finding a color scanner that could be integrated with PayData was a challenge. Infoscore was satisfied with the performance of its current scanner, Panasonic's KV-S2065W black and white model. As a result, Infoscore approached Panasonic more than a year ago and asked if it had a color scanner that it would be willing to modify for integration with PayData.

  
  

  Panasonic offered its KV-S2045C scanner for the PayData system, although some adjustments would have to be made for the integration to be successful. When Infoscore asked Panasonic if it could replace the standard white rollers on its scanners with black rollers, the company agreed. Panasonic also modified the image camera in the scanner and lightened the color characteristics in the KV- SS905C to improve images for business applications.

• Press Release 5 - Infoscore and Fiserv Partner

  Infoscore and Fiserv Partner to Offer Remittance/Lockbox Processing System

  
  Charlotte, N.C., and
  Brookfield, Wis.,
  January 28, 2005:

  
  

  Infoscore, Inc. today announced it is integrating its Paydata.NET, a comprehensive remittance/lockbox processing solution, into the set of Information Technology, Inc. (ITI) core banking offerings from Fiserv, Inc. (NASDAQ: FISV). Based on the Microsoft .NET platform, Paydata.NET completely automates remittance and lockbox processing for all Retail, Wholesale and WholeTail applications.

  
  

  "We appreciate the opportunity to partner with Fiserv, and look forward to a long and mutually beneficial relationship," said Terry Nelson, President and CEO of Infoscore. "Paydata.NET will enable Fiserv clients to effectively compete for any type of remittance and lockbox processing business."

  
  

  The system has the unique ability to concurrently process all types of payments, including Retail, Wholesale, and WholeTail automatically on one platform. There's no need for separate modules or software applications. This flexibility and efficiency also contribute to increased staff productivity.

  
  

  Infoscore's flagship product, Paydata.NET will be offered to clients of Fiserv business unit Information Technology, Inc. (ITI), where it will be integrated into ITI's comprehensive Premier suite of banking software and services, including core processing, business Internet banking, data warehousing and image capture software systems.

  
  

  "Infoscore's expertise and proven track record in this area of technology are major reasons behind our decision to form this alliance," according to Norm Balthasar, Fiserv Senior Executive Vice President and COO. "Paydata.NET is a powerful, versatile and cost-effective solution that offers financial institutions a significant competitive advantage."

  
  

  Fiserv, Inc. (NASDAQ: FISV), a provider of industry leading information management systems and services to the financial industry, including transaction processing, outsourcing and business process outsourcing, as well as software and systems solutions. The company serves more than 15,000 clients worldwide, consisting of banks, broker-dealers, credit unions, financial planners/investment advisers, insurance companies and agents, self-funded employers, lenders and savings institutions. Headquartered in Brookfield, Wisconsin, Fiserv reported $2.7 billion in processing and services revenues for 2003. Fiserv can be found on the Internet at www.fiserv.com.

  
  

  Information Technology, Inc. (ITI), a unit of Fiserv, provides America's bankers an extensive array of technology solutions and support services for core accounting, relationship management, teller and platform automation, Internet banking, account aggregation, e-commerce solutions for business and consumers, business intelligence, imaging and document management. A comprehensive suite of planning, installation, support, training, analysis and consulting services supports all technology solutions. Founded in 1976 and headquartered in Lincoln, Nebraska, Information Technology has grown to include its subsidiaries Precision Computer Systems (PCS) and eSolutions, as well as partnerships with some of the best-known technology companies in the world. ITI can be found on the Internet at www.itiwnet.com.

  
  

  Infoscore, Inc. is a software products developer of payment and other back-office processing solutions for remittance and lockbox processing applications. Founded in 1987 and now headquartered in the Ballantyne Corporate Park area of Charlotte, North Carolina, Infoscore has over sixty (60+) client installations nationwide ranging in size from small organizations processing a few thousand remittance transactions per month to very large financial institutions processing millions of transactions per month.