PENSACOLA, FL., January 04th, 2018 – Indian Overseas Bank has selected Silver Bullet’s Ranger® API as its portability strategy for the check truncation software products it provides to banks and financial institutions in India.
Indian Overseas Bank provides banking services nationally across India. IOB offers a variety of products to meet the priority needs of their customers. As a primary service to merchant clients IOB offers a Ranger® based check truncation system to collect negotiable instruments such as checks and demand drafts from other banks.
Ranger® is a software tool designed to allow item processing applications to run unchanged on a wide variety of check scanner types, including those manufactured by Burroughs, Canon, CTS, Cummins-Allison, Digital Check, Epson, MagTek, NCR, Panini, RDM, Seac Banche and Unisys. Software developers enjoy the benefits of a single check scanner interface and the freedom to mix and match check scanner types.
“The end game with Ranger® has been to provide a product that provides the most flexibility for financial institutions to support numerous scanner types, associated features, and the necessary metrics for those pursuing continual improvement through predictive maintenance and elimination of scanner downtime,” says Bryan Clark, CEO of Silver Bullet Technology. “We are pleased to add Indian Overseas Bank to our list of Ranger® partners, and look forward to supporting them in their quest to provide outstanding service to their own customers.””
Indian Overseas Bank
Indian Overseas Bank is a Nationalized Bank in India governed by the Banking Regulation Act. For more than 80 years they have had a large presence in India and abroad. IOB offers their customers varying services from basic savings to commercial business. For more information, please visit www.iob.in.
About Silver Bullet Technology, Inc.
Pensacola, FL-based Silver Bullet Technology is the foremost expert in check scanner interfaces and scanner emulation software. Silver Bullet’s Ranger® software makes check scanners and ATMs plug-and-play compatible with existing check scanning software applications. For more information, visit www.sbullet.com.
Ranger® is a registered trademark of Silver Bullet Technology, Inc. All other brands and products referenced herein are acknowledged to be trademarks or registered trademarks of their respective holders.
