Talaris Unveils 'Direct to Fed' Check Capture Solution

Global Leader in Cash Automation Brings Expertise to Electronic Check Processing

BOSTON, Nov. 4 /PRNewswire/ -- Talaris, the world's leading provider of teller cash automation equipment to financial institutions and retailers worldwide, today unveiled its first Check 21 solution, Pronto, which offers branch and remote deposit capture capabilities for banks, credit unions and retailers. The product directly and securely transmits and clears checks with the Federal Reserve System, thereby increasing the speed and efficiency of check processing.

Pronto will be offered as both a stand-alone check processing solution and integrated onto its industry-leading teller cash recycler, Vertera. As a result, Talaris customers are able to enjoy "one-stop shopping" when seeking world-class check, cash and coin processing technologies.

"Talaris has a rich history of helping customers maximize efficiency and improve their bottom lines through our innovative solutions," said Chris Reagan, president of Talaris North America. "With Pronto, we continue this legacy by coupling premier check capture technology with processing capabilities that make Check 21 simpler than ever before."

On top of its ability to send checks direct to the Federal Reserve, Pronto offers a simplistic design and integration into banks, credit unions and retailers. A counter-top solution that is designed for office or teller-line applications, the solution boasts a "plug-and-play" set-up process and easy-to-use interface. As a result, Pronto can be installed in branches and retail locations in just a few hours, with the accuracy and cost-saving benefits of Check 21 realized within two days.

"Our goal was to simplify check processing, making it fast and easy for financial institutions and retailers to realize the benefits of Check 21 without significant technology integrations and additional hardware," said Reagan. "Pronto does just that, and we are proud to offer it to the market."

Pronto also helps improve check-processing accuracy through its validation process. As a thick client application - a system that performs most of its processing internally rather than relying on a host - Pronto immediately identifies errors and other security issues and allows the user to make the necessary modifications. This ensures that all checks deposited by retailers and financial institutions are properly scanned and recorded.

For more information about Pronto, contact Joseph Gnorski at 1-800-527-2638.

About Talaris

Talaris, formerly known as De La Rue Cash Systems, was formed in September 2008 as a result of a management-led buyout supported by The Carlyle Group, one of the world's largest private equity firms. Talaris offers global expertise specializing in cash handling technology to manage cash as it moves through the commercial cash cycle. Talaris solutions incorporate: Consulting and Project Management, Cash Dispensing and Recycling, Cash and Coin Handling, Self-Service Solutions, Integrated Technology (OEM), Connectivity and Optimization Software and Full Support Services.

Talaris is a global business comprised of 2,000 personnel including over 1,000 service and support staff operating from more than 30 offices globally. An additional network of 130 business partners increases the coverage to 60 countries.

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SOURCE Talaris