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Tuesday, November 03, 2009
(Epson)
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BOSTON - Epson, a leading supplier of value-added banking and payment hardware solutions, announced today that U.S. Alliance Group, Inc. (USAG), a nationwide leader in wholesale payment processing products and solutions, has selected Epson’s award-winning CaptureOne™ check scanner for remote deposit capture (RDC) as part of its payment gateway solution throughout the Chicago Catholic Archdiocese, which is one of the largest dioceses in the nation, serving a population of 2.4 million parishioners with over $1 billion in revenues in the fiscal year 2008. Using USAG’s RDC platform and CaptureOne, the Chicago Archdiocese will be able to scan checks and submit them electronically for payment, recognizing substantial cost savings associated with Check 21 and RDC at its remote locations, such as churches and schools. This technology rollout is part of the dioceses’ overall plan to streamline payment collection, speed receipt of payments, and lower overall banking costs while minimizing interest expense. In addition to USAG and Epson’s agreement with the Chicago Archdiocese, the two companies are teaming up to deliver on several other sizable opportunities.
“This RDC solution will completely streamline the payments process for The Archdiocese,” commented Fadi Cheikha, CEO of USAG. “The Archdiocese processes a great deal of checks in several different locations, and the Epson check scanner was the most reliable choice. This solution delivers a strong return on investment for any organization or business needing to process checks more efficiently.”
About Epson
Epson is one of the world’s leading manufacturers of highly reliable point-of-service technology, including printers, precision printing mechanisms and digital image scanners. Founded in 1975 and headquartered in Long Beach, CA, Epson America, Inc. is the U.S. affiliate of Japan-based Seiko Epson Corporation, a global manufacturer and supplier of high-quality technology products that meet customer demands for increased functionality, compactness, systems integration and energy efficiency. The Seiko Epson organization is proud of its ongoing contributions to the global environment and for the second year in a row is part of the Dow Jones Sustainability World Index, an indicator for leading companies in economic, environmental and social criteria. For more information, please visit www.pos.epson.com/financial.
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