Newgen Software has received patent from US Patent Office for its Intelligent Check Deposit Machine. The issuance of patent recognizes the company’s efforts towards digitizing the banking processes and optimizing the check clearing cycle while ensuring security and compliance.
The intelligent check deposit system scans the check, validates check fields and gives acknowledgment to the depositors for their respective action. It helps banks in identifying whether the check is acceptable or not, right at the time of deposit.
Newgen Software Technologies is a software products company offering a platform that enables organisations to develop applications addressing their strategic business needs.
