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CHARLOTTE, N.C. — In September 2006, Source Technologies, provider of integrated solutions for managing financial transactions, will host a series of four online forums for companies and financial institutions that want to automate their check-disbursement processes. The online seminars will address key concepts for magnetic ink character recognition printing and the use of MICR systems in official check fraud prevention. The seminars also will address management strategies for image replacement documents.

The seminar series includes a comprehensive buyers guide to MICR check printing solutions.

All sessions will be presented free online. 

Session 1: MICR Printing Technology: Automating Official Check Issuance

Date: Tuesday, Sept. 12, 2p.m. EDT

This forum will provide best practices behind MICR check printing to businesses and FIs. Session participants will learn the three major problems associated with manual check issuance, the two major components of an automated check-printing solution and best practices for implementation.

Session 2: Spotting the Blind Spot: Eliminating Official Check Fraud

Date: Wednesday, Sept. 13, 2 p.m. EDT

Official check fraud costs more than you think. Most business and FIs believe they must either implement a labor-intensive check management process or accept a base level of check fraud. But many have discovered that disbursement automation solutions can virtually eliminate official check fraud.  Proven check printing options that provide better controls and prevent fraud will be the focal point of this session.

Session 3: IRD Print Management: Ten Keys to Successful Implementation

Date: Tuesday, Sept. 19, 2 p.m. EDT

This forum will address several item processing challenges introduced by the Check 21 Act. Participants will review the basics behind Check 21 and why the IRD is an entirely new type of negotiable document. Topics include an overview of problems that exist for businesses and financial institutions handling IRDs and successful implementation strategies that improve process management.

Session 4: Buyers Guide to MICR Check Printing Solutions

Date: Wednesday, Sept. 20, 2 p.m. EDT

Not all check printing software and MICR laser printers are alike. Business managers who understand MICR capabilities will avoid implementing a poor-quality automated disbursement solution. Participants in this session will learn how to assess the risks involved in MICR check printing and discover how to improve overall business processes with modern technologies.

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