MICR bank articles

Articles

	It was amusing to read in a community bank newsletter recently about how costly it is for banks to print personalized checks, in-house. Since the newsletter is published by the Goliath of the check-printing industry, it can be said with great confidence that statements it contains are based on vested self-interest. The article warns that community banks should beware the risk of in-house check printing. The company points out that it has been printing checks for almost a hundred years and has studied the technology utilized to produce them...Continue
	As a banker, I’ve heard so many excuses about why businesses fail. But I observed first-hand at least a dozen solid reasons why a business might lose profits and fail. Continue
	"...the most successful programs have found one thing to be unfailingly true: upscale customers have very unique problems and want their bankers to provide solutions. When you do, they are yours - and so are all of their friends and business associates." Continue
	If you would like tried and true concepts, repackaged to target specific customer needs, MPSI might be able to help with its Club Savings coupon production system. Continue
	You may have been as surprised as I to learn that your new competition in retail banking services is Sam's Club. The purpose of my letter is to make available to you software that allows you to create within seconds low-cost personal checks for all retail bank customers. The cost is so low, you can cut what Sam's is charging by half. Continue