Cheque Imaging
Cheque Image Capture Scanners
Cutting-edge cheque imaging, scanning and processing technology. Supplying both hardware and software fulfilment solutions.
Inconvenient cheque payment processing with the increased closure of bank branches
Customers and businesses rely on efficient payment systems to move money around the economy. As we adopt more digital payment methods, old tools like cheques have become less common. Despite this decline, some people still prefer cheques. The UK used a paper clearing system until 2017, which involved physically moving documents across the country, causing delays. With fewer bank branches, processing cheques has become expensive and time-consuming.
Cheques have also long been a target for fraud. Covert and overt fraud prevention methods adopted to help deter fraudulent transactions mean that only approved accredited security printers have been able to produce bank-approved cheques within the strictest specifications.
Remote Deposit Capture (RDC) allows customers to deposit cheques remotely. Since the UK introduced the Image Clearing System (ICS), which replaced the paper-based process, RDC has been slow to catch on with business banking clients. While personal customers can deposit cheques via mobile apps, businesses that deposit many cheques haven’t had this option.
Let us turn complexity into clarity and unlock sustained cost savings with AI-driven business transformation – powered by Parseq and our trusted partnerships with leading tech platforms.
Key challenges of cheque scanning, imaging and processing services
Increased costs making local branch deposits amidst branch network closures.
Hard to justify investment in a declining payment service.
Supporting business cheque customers to make remote deposits more efficiently.
Reducing bank branch networks forcing change in customer payment processes.
Burden of paper production and increasing pressure to reduce the carbon footprint of cheque documents. Branch visits to deposit cheques.
Prevention of cheque fraud within the cheque image clearing system (ICS) with processing of image only transactions.
Our cheque scanning capabilities
Cheque scanning solutions that meet your organisation’s cheque imaging needs
Our cheque imaging experts can guide you through your options.
Cheque imaging is the process that enables images of paper cheques to be exchanged between banks and building societies, through the Image Clearing System, for payment processing. This significantly speeds up the clearing process by removing the need for the actual paper cheque to be transported physically around the country, which is a method susceptible to fraudsters or getting lost in the chain.
The introduction of faster cheque clearing involved the creation of a completely new payments system. One that now offers next working day clearance of cheque payments with many banks and building societies allowing customers to access their funds earlier than this.
We have been implementing cheque imaging services to enable organisations to take advantage of the new ICS and the opportunities to speed up clearing using Remote Deposit Capture (RDC). RDC is the process of electronically depositing a cheque into a bank account from a remote location, such as at home or in an office. This is typically done by scanning and capturing an image of the cheque using either a cheque scanner or a camera-enabled device such as a smartphone, and then transmitting that image to the bank over a secure connection in place of the original paper document so that the payment can be processed.
We supply a comprehensive range of high-quality, robust and secure cheque scanners in partnership with Digital Check, the world’s largest cheque scanner manufacturer (suppliers of the highest installed scanner base in the world with more than 1 million units). These cheque scanners can be divided roughly into three main categories: –
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Dedicated high-volume for businesses
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Dedicated low-volume for businesses
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Mobile for microbusinesses and consumers
Our cheque scanner range is available to suit these categories in high, medium and low volume respectively and are highly scalable if your business grows . A dedicated scanner is the most efficient way to use (RDC) Remote Deposit Capture for those who process sufficient quantities of cheques.
Our cheque image capture scanners produce highly secure, accurate and quality images that can reduce queries and errors, guarantee compliance and reduce processing times for enhanced customer service and satisfaction.
Our clients know they can rely on our investment and innovation in cheque imaging services to handle any changes in volumes or industry needs in the future, whilst delivering real efficiency and added value, which is why we support so many businesses, big and small, from a range of industries with outsourcing and automating these payment solutions on their behalf.
Cheques scanners dispatched from UK stockholding.
Dedicated cheque scanner support team.
Wide choice of cheque scanners to meet volume and operational requirements.
Remote Deposit Capture (RDC) capability.
Same day upload of all cheque images to bank portal.
Captures and extracts data from varying cheque formats.
Streamline your cheque processing with our advanced Cheque Image Capture Scanners. Improve efficiency, reduce fraud risks, and accelerate clearing times by digitising cheque transactions for secure and fast payment processing.
The benefits of cheque imaging scanning and processing
Volume
Flexible and scalable
Comprehensive range of cheque scanner models to suit cheque volume requirements.
Satisfaction
Happy customers
First class products synonymous with quality, security and value backed by dedicated support.
Cost saving
Reduction
RDC reduces the need for costly and time-consuming visits to local branches to deposit cheques
Compliance
Conformity
Scanned images meet all current standards for onward transmission to bank or switch.
Reliability
Customer service
Consistent levels of cheque image scanning backed by trouble-shooting resources.
Sustainability
Your team
Frees up valuable resources and reduces your carbon footprint by avoiding trips to local bank branches to deposit cheques & cash.
Cheque Scanner Resources
We have created additional resources regarding our range of scanners, set-up and troubleshooting guides, please click on the link below for more information.
Other services you may also be interested in
Mailroom management and digitisation of all inbound customer communication for onward distribution, upload to online portals or relevant processing duties.
Operational recovery planning solutions that are tailored to ensure your business continues to operate without disrupting your services.
Multiple payment channels allocated to appropriate customer accounts through automated or manual activities.
Interested in hearing more? Send us your details and we’ll be in touch
Talk to one of our cheque imaging experts today
Want to find out more? We would be happy to discuss your organisation’s challenges and how Parseq’s cheque imaging solutions could quickly provide you with real value.
