Phaser 6125 offers small businesses high-impact color for low cost

     For budget-conscious small and mid-size businesses that want to make a splash with vivid, professional quality color documents without breaking the bank, Xerox Corporation has launched its lowest price color laser printer yet.
     Starting at only $349 in the US, the Phaser 6125 delivers high-quality prints at up to 12 pages per minute in color and 16 pages per minute in black and white, using Xerox's energy-efficient Emulsion Aggregation High Gloss Toner, which uses less toner on the page than traditional toner. Such capabilities make the Phaser 6125 ideal for offices such as insurance agencies, marketing firms, and contractors that depend on color to enhance their customer communications.
     "Xerox continues to shatter the perception that high-quality color printing is a luxury only large businesses can afford," said Russell Peacock, president, Xerox Office Group. "The Phaser 6125 is designed for customers looking for a color printer that can handle everything from sales proposals to promotional hand outs efficiently and cost effectively."
     The Phaser 6125 is simple to use. It comes with pre-installed toner cartridges so that users can begin printing right away. With a faster 333MHz processor, networking, and more available memo----up to 1 GB----than competitive color printers, the Xerox printer enables busy offices to speed through jobs like spreadsheets.
     PowerPoint presentations and complex documents with graphics and charts.
     The printer uses Xerox's CentreWare IS software to alert users to printer problems via pop-up messages on their computer.
     In addition, gauges on the front panel of the device display warnings such as whether more toner will be needed to complete a large print job.
     The printer also includes a 250-sheet paper tray, and prints on a wide variety of media types and sizes including labels, card stock, business cards and envelopes.
     As part of the Xerox Green World Alliance recycling program, the toner cartridges and routine maintenance supplies are recyclable.
     In addition, the Phaser 6125 is also Microsoft Vista compatible and comes with a one-year onsite warranty. The printer is available immediately in North America, Europe and Latin America through Xerox resellers, distributors, dealers, concessionaires, online at http://www.xerox.com/direct.

New Fiserv solution allows users to make check deposits from home

     CheckFree, now part of Fiserv, has unveiled its new remote deposit capture product, an innovative solution that allows retail customers to electronically scan and deposit checks from any location with a PC, a scanner and an Internet connection. It provides simple, easy-to-use functionality for the consumer without compromising the security, fraud identification or processing quality required by financial institutions.
     Competition in the retail banking market is tremendous and banks must continually seek to offer new and innovative products to attract new consumers and retain existing customers. By providing a convenient, secure and easy–to-use online banking option for depositing checks, financial institutions will offer their customers faster funds availability without a trip to the branch, ATM or post office, thereby enriching the banking experience.
     "Consumer capture will fundamentally change the way consumers interact with their financial institution, brokerage firm, utility or other payment processor when depositing checks. By offering consumer capture, financial institutions can quickly provide an online product that will attract new customers without regard to geographic territory; accelerating expansion beyond their brick and mortar branches," said Mike Ringuette, executive vice president, Fiserv Global Payments. "This new solution allows banks, credit unions, other financial institutions and payments processors to offer expanded deposit windows due to the immediate receipt of an electronic image and all associated electronic data, with the potential to reduce costs and environmental resources associated with personnel, transportation and processing in the branch or back office."
     Ringuette explained that this solution will allow financial institutions to reduce operating costs and environmental resources associated with branch operations, back office processing and transportation because checks will be submitted and processed electronically.
     Offering a consumer capture solution can also lower ATM fraud cost, by eliminating empty envelope fraud which accounts for more than half of all ATM deposit fraud, according to a 2006 white paper published by ATM manufacturer Diebold. Consumer capture employs sophisticated image and character recognition capabilities in order to read amounts and account information and accurately crop and verify the consumer's check image in an automated fashion.
     CheckFree's Remote Deposit Capture for Consumers offering is an Internet solution delivered through existing online banking applications, ensuring widespread customer availability. It uses the financial institution's existing online banking portal, leveraging existing security methods for login IDs, passwords and data encryption during image and data transfer. The solution can support any generic (TWAIN) scanner, allowing consumers to take advantage of their existing scanner hardware. Consumer capture can be installed as a new remote deposit capture (RDC) product or integrated as an add-on with any existing RDC solution used by the bank.
     "Security and convenience are driving consumers to seek new and innovative service offerings to enhance their banking experience. In the race to entice and retain retail customers, the ability to offer consumers a low-cost, simple method for remote deposit capture will provide an advantage for banks looking to differentiate themselves," said Bob Meara, senior analyst, Celent.
     "This groundbreaking new product is part of Fiserv's commitment to providing our clients with innovative solutions designed to meet present and future needs," said Tom Warsop, group president, Financial Institutions, Fiserv, Inc. For more information, please visit www.fiserv.com.