MANILA, Philippines – The banking and finance sectors remain heavily reliant on extensive paperwork, despite a shift towards digitalization. Many banks still require physical documents for data collection, record keeping, and regulatory compliance. To maintain smooth operations, banks need efficient, secure, and reliable printing solutions.
Epson, a global technology leader, serves as the preferred printing services partner for numerous banks worldwide. With advanced technology, high-volume printing capabilities, and stringent security measures, Epson enhances banks’ operations while ensuring data privacy—an invaluable asset in the financial sector. The company remains responsive to evolving regulations in the industry, ensuring that the needs of businesses are met.
“Banks play a vital role in the economy, and as a global printing giant, we aim to partner with them to deliver excellent and sustainable services,” said Noelle Gonzalez, Head of Marketing Division at Epson Philippines. “Epson ensures banks operate with undisrupted excellence at scale.”
Epson’s multifunction teller devices are a standout in global banking technology, integrating essential printing and scanning features. With scan speeds reaching up to 225 documents per minute, these devices connect directly to the bank’s network, process checks with advanced software, and interface seamlessly with existing APIs—no PC needed.
Scanners are also critical for recording and digitizing physical documents. Epson enhances these processes within a cohesive workflow, increasing security and enabling easier access and sharing among trusted networks. The Document Capture Pro technology in Epson’s high-speed duplex scanners, such as the WorkForce DS-970 and DS-32000, allows banks to scan documents directly to preferred storage systems with one click.
Epson’s WorkForce Enterprise AM-C400 and AM-C550 multifunction printers offer fast and reliable printing with lower energy consumption than laser printers. Featuring advanced Heat-Free Technology, these heavy-duty business inkjet printers cater to the printing demands of banks while reducing operational costs.
Beyond efficiency, Epson is a sustainable choice for banks. Its Heat-Free technology results in less paper consumption and about 80% lower power usage compared to competitors, addressing the needs of banks engaged in high-scale operations.
Epson is committed to environmental sustainability. Its Environmental Vision 2050 outlines the company’s dedication to meeting global environmental standards while providing innovative technologies. Notably, Epson achieved a transition to 100% renewable energy across its global sites by December 2023, significantly ahead of many industry peers.
“The strength of Epson lies in our capability to serve the most crucial sectors,” Gonzalez added. “Through our ‘Engineered for Good’ campaign, we actively contribute to the growth and sustainability journey of banks and financial institutions.”
FAQ:
Q: Why do banks still rely on extensive paperwork?
A: Banks often require hard documents for data collection, record keeping, and regulatory compliance.
Q: How does Epson support banking operations?
A: Epson provides secure, efficient printing solutions that streamline operations while ensuring data privacy.
Q: What features do Epson’s multifunction teller devices have?
A: They include fast scan speeds of up to 225 documents per minute and direct network connectivity.
Q: How does Epson’s Heat-Free technology benefit banks?
A: It reduces power consumption by about 80% and minimizes paper usage compared to traditional printers.
Q: What sustainability achievements has Epson made?
A: Epson transitioned its global sites to 100% renewable energy by December 2023, ahead of schedule.
