Bank Systems & Technology is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.


10:52 PM
Connect Directly

BancTec Will Provide Remittance Processing Services for Discover Financial Services

Dallas-based BancTec, Inc., a global provider of high-volume document and payment processing solutions and services, has entered into a retail remittance processing agreement with Discover Financial Services (Riverwoods, Ill.), a credit card issuer and electronic payment services company.

Under the terms of the agreement, three BancTec operating centers, located in the United States, will handle Discover's AR processing. BancTec's PayCourier high-speed image remittance processing solution will form the technical core of BancTec's service for Discover. BancTec will also incorporate its IntelliScan document processing transport, workflow management, and various other technical solutions.

Peggy Bresnick Kendler has been a writer for 30 years. She has worked as an editor, publicist and school district technology coordinator. During the past decade, Bresnick Kendler has worked for UBM TechWeb on special financialservices technology-centered ... View Full Bio

Register for Bank Systems & Technology Newsletters
Bank Systems & Technology Radio
Archived Audio Interviews
Join Bank Systems & Technology Associate Editor Bryan Yurcan, and guests Karen Massey and Jerry Silva from IDC Financial Insights, for a conversation about the firm's 11th annual FinTech rankings.