About MIPS System
MIPS System is a check processing software from Bank Technology that supports various institutional needs. It combines MIPS Core System, Teller Capture, Branch Capture, Remote Deposit, and Electronic File Import so smaller institutions can manage all operations efficiently on a single desktop PC or scale as needed. The system is designed to handle various transaction types, ensuring flexibility and adaptability for different operational environments. It is suitable for both small and larger financial institutions looking to simplify their check processing workflows. Key capabilities: MIPS Core System Teller Capture Branch Capture Remote Deposit Electronic File Import Best for: financial institutions that need simplified check processing solutions.
The MIPS Core System stands out as a robust and scalable solution for financial institutions, designed to handle the intricate and diverse world of check and item processing. Its architecture is built to accommodate a wide range of needs, from small banks operating on a single PC to large-scale enterprises with a multi-server, clustered environment. The system's central nervous system is the MICR Image Processing System, which provides operators with comprehensive access to daily functions via dedicated workstations. A key component is the high-performance CAR/LAR server, capable of reading over 12,000 documents per minute. This impressive speed, combined with the system's ability to handle various work types, including check capture, balancing, and electronic file imports, positions it as a versatile and powerful tool for modern banking operations. In terms of performance and integration, the MIPS Core System is designed for reliability and efficiency. Its multi-server architecture, which includes options for clustering and virtualization, ensures high availability and resilience. The system is built on a solid foundation of Microsoft Windows Server and SQL Server, guaranteeing seamless integration with existing IT infrastructure.
Pros & Cons
- Highly scalable, suitable for both small and large financial institutions.
- Supports multiple capture methods including branch, mobile, merchant, and ATM deposits.
- Reduces manual data entry with CAR/LAR character recognition.
- Comprehensive back-office workflow management.
- Customizable solutions tailored to specific banking needs.
- Deployment is on-premise, limiting flexibility compared to cloud-based solutions.
- Limited publicly available pricing information.
- Lack of official social media presence for updates and support.
- No in-app marketplace for additional modules or extensions.
- Training resources and documentation details are not clearly specified.
Features
Key features
Handles both paper and electronic check processing.
Allows branches to capture over-the-counter items.
Processes offline or killed items through image capture.
Facilitates processing of remittance and merchant items.
Enables customers to deposit checks via mobile devices.
Processes ATM check images.
Manages extensive check reconciliation tasks.
Handles teller capture work in the back office.
Offers tailored solutions to meet specific institutional needs.
Additional features
Processes both paper and electronic checks.
Captures teller transactions, including POD or debits.
Processes items using image capture only.
Supports remittance item processing.
Handles merchant check and payment processing.
Allows customers to deposit checks via mobile devices.
Processes images of checks deposited at ATMs.
Supports extensive check reconciliation tasks.
Manages teller work in back-office operations.
Configurable solutions tailored to specific banking needs.
Manages all daily processing and archives completed work.
Stores images and reports for employee and customer access.
Reads printed or handwritten check amounts and other document data.
Manages daily workflow including corrections, reporting, cash letters, and backups.
Clears prior day’s data to start a new processing day.
Facilitates importing of check and transaction data.
Allows operators to correct errors and balance totals.
Generates daily and cumulative reports.
Prepares items for external settlement.
Supports posting and returns via host system files.
Ensures data integrity and archival storage.
Pricing
Countries & Languages
Available in
Interface languages
Billing currencies
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About MIPS System
MIPS System is a check processing software from Bank Technology that supports various institutional needs. It combines MIPS Core System, Teller Capture, Branch Capture, Remote Deposit, and Electronic File Import so smaller institutions can manage all operations efficiently on a single desktop PC or scale as needed. The system is designed to handle various transaction types, ensuring flexibility and adaptability for different operational environments. It is suitable for both small and larger financial institutions looking to simplify their check processing workflows. Key capabilities: MIPS Core System Teller Capture Branch Capture Remote Deposit Electronic File Import Best for: financial institutions that need simplified check processing solutions.
MIPS System Details
MIPS System's In-App Market Place
Does MIPS System have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
N/A
Pricing Options
Accepted Payment Currencies
USD ($), EUR (€), GBP (£), JPY (¥), AUD (A$), CAD (C$), CHF (CHF), CNY (¥).
Pros & Cons
- Highly scalable, suitable for both small and large financial institutions.
- Supports multiple capture methods including branch, mobile, merchant, and ATM deposits.
- Reduces manual data entry with CAR/LAR character recognition.
- Comprehensive back-office workflow management.
- Customizable solutions tailored to specific banking needs.
- Deployment is on-premise, limiting flexibility compared to cloud-based solutions.
- Limited publicly available pricing information.
- Lack of official social media presence for updates and support.
- No in-app marketplace for additional modules or extensions.
- Training resources and documentation details are not clearly specified.
MIPS System's Support Options
Contact
(208) 895-8778MIPS System's Alternatives
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