September 23, 2013, Mt. Prospect, IL – Cummins Allison, the leading innovator and provider of coin, currency and check handling solutions, today announced its partnership with CTS North America, to expand its portfolio of solutions to include the full line of CTS LS series check scanning technology. This expansion enables Cummins Allison to provide the broadest line of check scanning solutions in the industry.
Cummins Allison revolutionized the deposit processing industry in 2011 when it introduced the JetScan iFX® currency and check scanner, the first and only device that processes both currency and complete deposit items on a single device. The addition of the CTS LS series scanners provides a full range of scanning solutions for teller and back office capture, as well as Remote Deposit Capture (RDC) applications. The LS series is certified by all the major image software providers, allowing simple plug and play operation.
“Cummins Allison is excited about its agreement with CTS North America,” said Frank Janezic, executive vice president, Cummins Allison. “The extension of our portfolio allows us to offer our customers in financial institutions a complete line of high quality, cost-effective solutions to streamline their deposit processing operations. In addition, as the market for commercial RDC continues to expand, we have solutions that can greatly increase client productivity for any type of application.”
“The partnership with Cummins Allison allows CTS North America to expand its footprint in both the United States and Canada,” said Glen Fossella, COO of CTS North America. “Their strength and reputation in the financial sector is unsurpassed and our partnership opens new avenues of growth for both companies.”
Four models of LS scanners are available ranging from a reduced footprint version for retail applications to full-featured, compact scanners for back office applications. The JetScan iFX complements this series by offering the ability to process large quantities of checks and cash on the same device.
About Cummins Allison
Cummins Allison is a global leader in developing technologies which count, sort and authenticate currency. The company also offers a complete line of full-function Automated Teller Machines (ATMs). The U.S.-based company has a more than 125-year heritage of leadership in technology and product innovation and currently serves the majority of financial institutions worldwide, as well as leading organizations in retail, casinos, law enforcement and government. The company holds more than 350 patents. Cummins Allison is headquartered near Chicago, IL with R&D centers near San Diego, CA and Philadelphia, PA and wholly owned subsidiaries in Canada, the United Kingdom, Ireland, Germany and France. The company has an extensive sales and service network with more than 50 offices in North America and is represented in over 70 countries. For more information, visit www.cumminsallison.com.
About CTS North America
CTS North America is a market leader in providing branch automation technology to the financial services industry. Its parent company, CTS Electronics, is a global provider of automated systems for payments, document processing, cash recycling and deposits. CTS has more than one million peripherals installed across five continents, including more than 500,000 document readers and check scanners worldwide. Additional information is available online at www.ctsna.com.
Media Contacts:
Cummins Allison
Carol Moore, Vice President
Tel: 847-759-6403
CTS North America:
Michael Touchton, William Mills Agency
Tel: 678-781-7215
mtouchton@williammills.com
