As your mortgage business grows, it’s great news for your business. However, more borrowers mean you’ll need to produce more mortgage statements and provide them to your customers. If you handle the printing and mailing of this in-house, you likely know it's fraught with challenges. Costs are rising, and managing the jobs is complex. [...]
Auto finance companies send lots of communications to customers. Many of these are confidential and must adhere to compliance regulations. From statement printing and mailing to eStatements, and other disclosures, your processes can be costly, overly complex, and inefficient. After all, you’re not a print and mail house, so keeping this in-house has disadvantages. [...]
For businesses that produce transactional print and mail, many components make up the entire workflow. After printing, inserting, and sealing, the mail stream is the next stop. In most cases, these communications use USPS services. Depending on the type of letters, regulatory requirements on delivery, and other factors, the type of USPS mailing will [...]
Financial printing requires much more diligence than other types of mailings. In a highly regulated environment, compliance is non-negotiable. However, you don’t have to produce all these things in-house and shoulder the responsibilities and cost burdens. You can outsource these jobs to transactional print and mail companies. So, what are your options? What Financial [...]
Banks, credit unions, and other financial institutions must provide a host of documents to customers. These print and mail activities go beyond standard communications. They contain personal information, which you are under an obligation to protect. As a result, transactional print services for banks can be expensive, time-consuming, labor-intensive, and operationally complex. Since you’re [...]
Banks, credit unions, and lenders create many consumer lending documents as part of the loan process. These communications and statements must be printed and mailed compliantly, protecting the personal data within them. As a result, there is considerable time, cost, and effort to deliver these accurately and securely. It can be an operational nightmare, but [...]
If you print and mail documents to customers, including statements, invoices, and any other communication, postage is a big part of the budget. It’s an expense that’s hard to decrease, especially since postage routinely increases. In a time when you’re looking for ways to save money in operations, you can reduce postage costs with [...]
Banks have operational requirements regarding customer communications. Much work goes into these workflows for bank statement printing, as the industry is document-heavy. Even with more consumers adopting e-statements, community banks still print and mail thousands every month. It’s an expensive endeavor that must follow strict compliance guidelines and ensure accuracy. Many financial organizations are now [...]
As a community bank or credit union, bank statement printing is a key operational activity. Your customers rely on receiving this for reconciliation, and expect them to be accurate and on time. These documents must also adhere to compliance requirements, with no room for error. While bank statements have been part of your process [...]
Avoiding check fraud is serious business for any company. Advanced technology has been able to mitigate the occurrence of fraudulent checks, thanks in part to MICR (Magnetic Ink Character Recognition) printing. So, what makes this type of printing so unique? How Does MICR Check Printing Work? The role of MICR check printing in production [...]
