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June 04, 2008

Bank Technology Offered in Thin Client

CEDAR PARK, Texas--(BUSINESS WIRE)--Integrated Bank Technology (IBT), a company that specializes in engineering robust software applications and provides 24/7 support services to community financial institutions, announced that it will offer its Integrated Image Teller product in a thin client environment.

Integrated Bank Technology To Operate Integrated Image Teller Product in Thin Client Environment

This will give current and future customers the opportunity to reap the benefits of changing the transaction process model and increasing branch services to their customers, while still operating in their existing thin client environment. Financial institutions can save thousands of dollars in reduced courier costs and data processing fees while substantially reducing new hardware investment.

“We recognized the need to be able to offer our Integrated Image Teller Product in a thin client environment so that our customers that have sizable investments in this type of architecture are able to take advantage of the benefits our system offers without reengineering their networks,” said Mike Golebiowski, president of IBT.

Integrated Image Teller eliminates paper by producing “virtual tickets” replacing all internal documents and the cumbersome management of this inventory. Furthermore, back office personnel needs are reduced due to the virtual elimination of encoding read failures. One of the key fraud features is that every item that is scanned goes through 15 different algorithms and sent to a review process based on confidence levels defined by the bank. This review is divided among several employees at the bank, providing rapid and thorough electronic analysis, thus significantly reducing the risk of every transaction.

When operating in a thin client environment, banks experience additional benefits such as lower information technology administrative costs, enhanced data security, lower hardware costs, less energy consumption and the more efficient use of computing resources. Overall, this announcement is a significant value-add to IBT’s proven technology and, coupled with the change in business process and virtual infrastructure, it is a green conscious solution for the market as well.

“Ozona National Bank will be our first customer to use Integrated Image Teller in a thin client environment and we look forward to the continued growth of that customer list,” Golebiowski added. “Innovation is critical in the banking technology industry and IBT always seeks to remain in the forefront with offerings that bring the most value to banks and their customers.”

About Integrated Bank Technology

Cedar Park, Texas-based Integrated Bank Technology (IBT) provides software applications and support services to community financial institutions across the country. The company’s flagship product, Integrated Bank Environment, is a robust software application that is designed to enhance a financial institution’s overall customer experience while making the cost of ownership affordable.

For more information, visit www.iBankTech.net.

Posted by staff at June 4, 2008 03:34 PM

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