Santa Fe Springs, CA -- (ReleaseWire) -- 11/05/2019 -- Superior Press, the leading provider of personalized treasury solutions for financial institutions, today announced that it is partnering with Acuant, a leading global provider of identity verification solutions. Superior Press will offer Acuant's hardware and software onboarding solutions to its financial services clients in order to improve fraud prevention, accelerate customer onboarding and meet regulations such as KYC and AML.

For nearly 90 years, Superior Press has provided banks a one-stop-shop for multiple treasury products. With Acuant's technology, Superior Press can help financial institutions nationwide modernize document authentication and identity verification.

"We are committed to helping financial institutions operate efficiently while protecting against fraud," said Bob Traut, Chairman and CEO of Superior Press. "Ensuring that customers are using valid documents and that they are who they claim to be is the cornerstone of trust for banking. With Acuant's hardware and software solutions, our banking partners can authenticate documents and verify identity in seconds, delivering a better customer experience and reducing wait times."

Acuant's InfinitID™ is the first all-in-one identity document authentication device, combining hardware and software that does not require any software implementation, integration, terminal hardware or operational training. Acuant supports identity documents including but not limited to driver's licenses, passports and visas from over 196 countries and all 50 U.S. states. Superior Press will also offer traditional ScanShell scanners for image capture of driver's licenses and government-issued ID cards.

Financial institutions can also purchase AssureID™ software to validate new customers and protect against identity theft and fraud. AssureID authenticates identity documents with patented technology that extracts biometric and alphanumeric data and applies 50+ forensic document-specific tests. Working in real-time, AssureID eliminates manual screening errors, speeds up the document inspection process and significantly reducing employee training, operating costs and customer inconvenience.

For mobile applications, Acuant Face™ software integrates into AssureID, performing powerful biometric facial recognition and liveness detection. A user simply captures an image of their government-issued ID and then takes a selfie. The selfie image is compared to an extracted photo from the identity document such as a driver's license or passport to verify a match.

"Working with an industry leader like Superior Press will bring our document authentication and identity verification solutions to more financial institutions nationwide," said Acuant President and CEO Yossi Zekri. "Identity fraud is on the rise with new scams such as synthetic ID and banks must be more vigilant than ever in verifying customer identities. At the same time, consumers are demanding fast, friendly banking experiences that utilize the latest technology to make their lives easier. Acuant provides seamless multi-factor authentication to fight fraud and aid in meeting KYC/AML regulations, while delivering a superior customer experience."

About Superior Press
For over 89 years, Superior Press has provided personalized treasury solutions for financial institutions nationwide. Offering check printing, remote cash capture, RDC scanner fulfillment, cash vault supplies, call center and help desk solutions, Superior Press is a one-stop-shop for treasury products that help financial institutions operate efficiently. The company offers banks the ability to consolidate supply vendors, leverage outsourced resources for fulfillment of banking supplies across multiple cash management products and improve the speed and effectiveness of on-boarding new commercial clients. For more information please visit http://www.superiorpress.com.

About Acuant
Acuant's Trusted Identity Platform provides complete identity verification based on your level of risk so you can build your business with better customers. Powered by AI for the highest speed and accuracy, omnichannel products enable seamless customer experiences to increase conversions in the digital economy. Built to scale, be secure and meet compliance needs (KYC, AML & GDPR), Acuant allows businesses to establish trust via identity proofing from any location in seconds. Award-winning products include intelligent data capture, ID authentication and facial recognition match.
Completing more than 6 billion trusted transactions worldwide, partners include Fortune 100, FTSE 350 organizations and start-ups in all industries. For more information please visit http://www.acuant.com.

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Commercial Banks Using Remote Deposit Capture Will Learn How to Prepare for the New FFIEC Amendments to Regulation CC

Santa Fe Springs, CA -- (ReleaseWire) -- 04/25/2018 -- Superior Press will announce action steps bankers can take to prepare for the upcoming FFIEC amendments to Regulation CC (Availability of Funds and Collection of Checks) in a news conference at the NACHA Payments 2018 conference.

Attendees will learn how to plan for changes under the final FFIEC rule taking effect July 1, 2018. They will also receive a checklist to guide preparation for those changes. The conference will take place April 29-May 2 in San Diego, CA.

Banks receiving a duplicate deposit from a paper check previously deposited using remote deposit capture will now be indemnified for that deposit plus any interest compensation and expenses related to the check. However, there will be an exception preventing banks from making indemnity claims if they accept the original check containing "a restrictive endorsement inconsistent with the means of deposit, such as 'for mobile deposit only.' "[1]

According to the guidelines, bankers should take steps to use restrictive endorsement to help reduce double presentment of such items to minimize accidental and/or fraudulent deposits.

"Keep the regulators and auditors happy by implementing a fast and easy solution to satisfy the FFIEC Reg CC amendment changes," says Steve Traut, Senior Vice President of Sales at Superior Press. "Whether for mobile deposit or traditional RDC deposits, we have the right solution with the fastest path to implementation."

As a single source provider of cash management fulfillment solutions with more than 85 years of experience, Superior Press supports banks as they enact new commercial customer processes or internal bank procedures to meet the new requirements:

- Superior Press can facilitate identification of the originating bank, reducing duplicate deposit occurrences making it easier for end users to identify the originating bank.

- Superior Press offers streamlined ordering of endorsement stamps together with the RDC check scanners saving time and reducing data entry and order tracking and billing.

Financial institutions wishing to avoid penalties will want to attend this important announcement and receive the checklist to ensure that they're fully prepared for the imminent changes.

The conference will be held at the award-winning San Diego Convention Center on the bay. Stop by and meet the Superior Press team in the Exhibit Hall at Booth 300 on April 30 and May 1 between 9am and 5pm.

About NACHA Payments 2018
Payments 2018 brings together thousands of payments system stakeholders to explore and debate current issues and opportunities. This year's event will focus on faster payment experiences and how they impact the industry. Topics explored include increasing efficiency, reducing risk, and how new regulations will affect companies.

About Superior Press
Trusted by financial institutions since 1931, Superior Press combines financial industry expertise with state-of-the-art financial printing capabilities to service the valuable commercial clients of the nation's top banks. Superior Press specializes in providing complete, personalized treasury management solutions including check printing, financial forms, cash vault supplies, treasury supply call centers, and check cash hardware and asset fulfillment including Remote Deposit and Remote Cash Capture.

www.SuperiorPress.com

Media Contact: Naja Hayward
Phone: 888-590-7998
Email: nhayward@superiorpress.com

Sales Contact: Steve Traut
Phone: 888-590-7998
Email: straut@superiorpress.com

[1] https://www.gpo.gov/fdsys/pkg/FR-2017-06-15/pdf/2017-11379.pdf

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Commercial Banks Will Cash in on Outdated Equipment in Program to Be Discussed at the 2018 RDC Forum in San Jose

Santa Fe Springs, CA -- (ReleaseWire) -- 01/11/2018 -- Superior Press, a Treasury Management Solutions provider to commercial banks, has announced a new program to buy back defunct Remote Deposit Capture (RDC) check scanner devices in 2018. Commercial banks will be able to cash in on their old check scanners - even if they're not working - and reestablish their RDC programs with upgraded devices.

The award winning, family-run company will attend the RDC Forum in San Jose, California on January 30th to meet with local banks and discuss the new incentives. Steve Traut, SVP of Sales for Superior Press, will be a featured speaker at the one-day event.

The RDC Forum, hosted by RemoteDepositCapture.com, offers education, insights, and networking opportunities for financial institutions using any form of remote deposit capture. Traut and other leading industry experts will share insights on best practices, trends, and risk management to help companies increase profits, reduce risk, and enhance customer value.

Almost fourteen years after the passage of Check 21, Remote Deposit Capture continues to hold a significant role reshaping the retail and treasury divisions of banks nationwide. The 2003 act paved the way for RDC by giving scanned check images the same legal standing as the original paper documents.

"A surprisingly large opportunity remains for boring old commercial desktop RDC after all these years. Most banks have roughly 10% annual revenue growth in their sights over the short term," according to Bob Meara, a Senior Analyst at Celent. "A more interesting opportunity is with small business, but banks won't realize the opportunity unless they up their product game."

Superior Press offers professional and personalized solutions for commercial banks in partnership with forward thinking leaders in the Remote Deposit Capture scanner market such as Digital Check, Epson and Panini.

Digital Check sets its company apart by sending their engineers to visit supply chain partners and perform QA checks on parts. Their primary Remote Deposit Capture customers are the small and mid-sized businesses who handle between 10 and 50 checks or money orders per day.

Epson is a global technology leader with check-capture solutions ranging from integrated printers for teller capture, branch & RDC applications, small business & commercial lockbox services.

Panini offers affordable, scalable and reliable check scanners that meet the specific and unique requirements of remote deposit capture users.

About the Superior Press Buyback Program:

- Superior Press will accept check scanners regardless of current working condition. Now you can offload broken equipment and start the year with a secure, fully-supported scanner. (Exceptions apply).

- Participants will receive a Cash Redemption Value for each unit base model for up to 30 scanners. You save twice with instant savings and improved operations.

- Enjoy the freedom to choose the best model for your business. You won't have to buy a model that's similar or limit yourself to the exact manufacturer and model you shipped to us.

Attend the RDC Forum in San Jose to meet and speak with the Superior Press team and receive a $50 discount off of your attendance to the event by using the code SP50.

About Superior Press
Trusted by financial institutions since 1931, Superior Press combines financial industry expertise with state-of-the-art financial printing capabilities to service the valuable commercial clients of the nation's top banks. Superior Press specializes in providing complete, personalized treasury management solutions including check printing, financial forms, cash vault supplies, treasury supply call centers, and check cash hardware and asset fulfillment including Remote Deposit and Remote Cash Capture.

https://www.superiorpress.com

SALES CONTACT
Contact: Steve Traut
Phone: 888-590-7998
Email: straut@superiorpress.com

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