A new system allows banks to produce their official checks and money orders electronically.

The system, called Teller Connector, promises to increase productivity and streamline operations by allowing tellers to issue, report, and print financial documents from their terminals. Teller Connector -- developed by Integrated Payment Systems Inc., a subsidiary of First Data Corp. -- is an IBM-compatible, PC-based unit that can stand alone or be integrated into an existing LAN-based teller platform.

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