CHARLOTTE, N.C. — Source Technologies, provider of integrated solutions for managing financial transactions and other secure business processes, announced the availability of its next generation magnetic ink character recognition (MICR) multifunction printer, the IBM Infoprint 1570 MICR 50.
The IBM Infoprint 1570 MICR 50 combines all the print/copy/scan/fax features of a standard IBM Infoprint 1570 multifunction printer with Source Technologies' most advanced security and MICR print-quality features. Buying a MICR-enabled multifunction printer is a cost-effective alternative for companies that have on-demand check-printing needs but lack the print volumes to justify a dedicated MICR printer.
"IBM has been our strategic partner for several years. The knowledge and solution breadth they bring to our joint customers, especially in the financial-services industry, is exceptional," said Rodger Morrison, vice president of payment solutions for Source Technologies. "The IBM Infoprint 1570 MICR 50 lets customers mix and match MICR printers and MICR-enabled multifunction printers, depending on check-printing volumes and requirements."
The Infoprint 1570 MICR 50 prints up to 50 pages per minute and offers audit-trail reporting, lockable paper-tray options, software and hardware password controls, and MICR toner sensing. With its unique "MICR MFP Protection" feature set, the Infoprint 1570 MICR 50 allows endusers to manage copy usage through configurable security functions. These functions prevent unauthorized or inadvertent check copying with MICR toner.
