HP Enterprise wins RBS cheque imaging contract
RBS has awarded a contract to Hewlett Packard Enterprise for the implementation of a new image-based cheque clearing service in response to UK regulatory changes that require all cheques to be processed digitally by 2017, under HM Treasury’s Future Clearing Model.
“We are delighted to extend our long standing Cheque Clearing relationship with HPE for a further term, seeing us through the transition to the Future Clearing Model, and the exciting opportunities for enhanced service and further innovation this presents us. We look forward to working with HPE over the coming years to improve our customer experience and maintain the high levels of service currently provided, whilst delivering a secure and cost effective end-to-end Cheque Clearing solution,” said Judy Lenihan, head of UK & Ireland Cheque Clearing for RBS.
Jeremy Suddards, HPE’s vice president and general manager of the financial services industry, said: “Timely and accurate cheque clearing is a vital core function for any bank and the delivery of the digital transformation programme will ensure we protect RBS’ position as the largest cheque clearer of sterling payments globally. “Helping businesses digitise their operations is one of our main strengths and we are committed to helping those firms looking to make these changes come up with rich digital experiences that benefit their customers and employees.”