Large Correspondent Bank/Check Processor Expands Licenses for Carreker's Image Archive and IRD Author(TM) Solutions
10 8월 2006 - 9:00PM
PR Newswire (US)
DALLAS, Aug. 10 /PRNewswire-FirstCall/ -- Carreker Corporation
(NASDAQ:CANI), a leading provider of technology and consulting
solutions for the financial industry, today announced that one of
the largest correspondent bank/check processors in the U.S. has
expanded its licenses for Carreker's image archive and IRD
Author(TM) solutions. The client originally deployed the solutions
in 2001 and 2004 respectively, before the enactment of the Check
Clearing for the 21st Century Act or Check 21, which permits banks
to truncate checks and substitute image replacement documents
(IRDs). Large volume increases in archiving and IRDs prompted the
client to expand its licenses. The archive license is for unlimited
volume, as the client expects its archive to become a leading
repository for imaged items well into the future. Carreker's image
archive solution now supports more than 70 percent of the U.S.
archive volume. It is an enterprise solution that allows the client
to efficiently manage, store, and distribute large volumes of check
images across a variety of storage media. Carreker's IRD Author(TM)
solution is used by several leading financial services institutions
to generate IRD files that can be printed and presented to banks
unable to receive images. J. D. (Denny) Carreker, chairman and
chief executive officer of Carreker Corporation, said, "This
important transaction validates the product innovations our company
has made and continues to make in helping banks manage their
transition to electronification. It effectively confirms Carreker
solutions as the standard for some of the fastest growing volumes
in the payments world." About Carreker Corporation Carreker
Corporation improves earnings for financial institutions around the
world. The Company's integrated consulting and software solutions
are designed to increase clients' revenues and reduce their
expenses, while improving security and increasing the value of
their customer relationships. Carreker provides products and
services to more than 250 clients in the United States, Canada, the
United Kingdom, Ireland, continental Europe, Australia, New
Zealand, South Africa, South America, Mexico, and the Caribbean.
Clients include the full range of community, regional and large
banks, among them more than 75 of the largest 100 banks in the
United States. Headquartered in Dallas, Texas since 1978, Carreker
Corporation has offices in London and Sydney. For more information,
visit http://www.carreker.com/ . DATASOURCE: Carreker Corporation
CONTACT: Ann Cain, Strategic Communications Director,
+1-972-371-1748, or , or Lisa Peterson, Chief Financial Officer,
+1-972-371-1454, or , both of Carreker Corporation Web site:
http://www.carreker.com/
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