More NewsUnisys to License Archive Solution as Standalone Payment Systems Solution

Unisys to License Archive Solution as Standalone Payment Systems Solution

Unisys VisualArchive will be licensed as an independent image archive solution for payment systems. It captures images and stores a wide range of transaction information, such as cancelled checks, deposited items, image statements and reconciliation reports. Both retail banks and commercial institutions have implemented VisualArchive. ‘The use of VisualArchive has resulted in significant improvements to our levels of back-office efficiency, reducing or eliminating many labor-intensive processes and saving considerable time and money,’ said Robert W. Sonnenberg, senior vice president and manager of Cash Management at Riggs Bank. ‘The fact that we are able to deliver more accurate and timely account reconciliation also represents a major enhancement in overall service quality, with a positive impact on our competitive position.’

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