Collabera
 
Financial Services
Legacy Modernization
According to the Federal Reserve Bank, by the end of 2008 the Reserve Banks will process 20.5 million Check 21 (image items) daily versus 13.5 million paper checks. Financial services companies are being forced by law, competition and technology advances to rapidly replace the paper check as the primary payments instrument. In 2006 for the first time, real check volumes declined.
However, the cost of this transition - from paper to image processing - is high, and involves extensive collaboration across the industry. It also requires knowledge of payments as well as the technology involved. Collabera's image enablement services are aimed at minimizing costs and driving digital collaboration. Some of our key image enablement services include:
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Case Studies
Collabera automated the testing processes for the world's leading provider of distributed check capture solutions to achieve 50% cost savings across its product suites.
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  Collabera gives you the flexibility to adapt to changing IT needs and business initiatives.
Contact Us
Get in touch with Collabera's financial services team to find out how we can make technology work for you.