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8 JUNE 2014 • INKJET'S AGE www.MyPRINTResource.com NEWS UPDATE Ricoh has announced that Fifth Third Bank, a diversified finan- cial services company, has transformed its in-plant operations by tapping Ricoh to support its new, more efficient way of working – providing increased flexibility and cost savings. Fifth Third Bank has selected the InfoPrint 5000 continuous-feed print platform and Ricoh ProcessDirector workflow software for the production of full-color transactional MICR documents for customers from 1,320 full-service banking centers in 12 states. Fifth Third Bank produces 170 million impres- sions annually and nearly 70 million annual mailings in addition to the bank's signifi- cant online customer base that receives digital documents. With such an immense volume, it is vital for the company to provide clients with three important things: the highest quality documents; delivering these confidential, critical communications accurately; and, meet- ing important regulatory requirements and deadlines. By adding the InfoPrint 5000 platform to its print environment, Fifth Third Bank is no longer burdened with legacy software and hardware, limited marketing opportunities, inevitable operating cost increases, restricted flexibility, and outdated black and white documents. "Traditionally, in-house print operations are a cost center for a company. In our case, even more so than a more traditional bank, it is not enough to be cost-neutral, we have to be able to prove that our operations will ultimately save the company money," said Mark Kearns, vice president, Bancorp Mail & Print Services, Fifth Third Bank. "The InfoPrint 5000 has allowed us to bring in the value of color, while decreasing costs. Shortly after installation, we quickly had a high visibility internal customer bring previously outsourced work back in house thanks to the new color solution: a win for our customer and a win for us." Ricoh's InfoPrint 5000 platform and ProcessDirector Express bring Fifth Third Bank an unprecedented level of cost-effectiveness, scalability, flexibility, and expanded marketing opportunities. Be- cause Ricoh software and hardware are able to meet all regulatory requirements and deadlines, the bank can now better capitalize on the demands of its credit card business; deliver transpromo output in full, variable-data color faster and more effectively; and save on market- ing campaigns with onserts, all of which means bringing more work in house. Fifth Third Bank has also streamlined hardware costs by returning all leased legacy equip- ment and converting currently owned assets into a disaster recovery low-cost, back-up solution, ensuring uninterrupted communica- tions for all customers. "The diligence Fifth Third Bank has shown in transforming their in-plant operations demonstrates the passion they have for delivering the best value to their customers in today's new way of work. This is a key milestone for us, enabling Fifth Third Bank to decrease costs, expand business opportunities, and exceed customer expectations," said Winston Liu, vice president, Commercial Solu- tions, Continuous Feed, Ricoh. "There are many reasons Ricoh was named market leader by IDC for six consecutive years.* We think one major reason is customer satisfaction, like that repre- sented here through our work with Fifth Third Bank." MyPRINTResource.com/10007712 Fujifilm used its presence at Ipex 2014 to showcase the business models for many different types of commercial print pro- duced using inkjet technologies and to highlight the versatility and capability of its presses. Fujifilm ran both the Jet Press 720 and Jet Press 540W live for the dura- tion of the show, in as real a production environment as possible. Thanks to a part- nership with Intelligent Finishing Systems Ltd at the show, Fujifilm focused on the production of finished print using inkjet technologies, with a Horizon StitchLiner 6000. The company produced short-run calendars, brochures, magazines, books, la- bels, manuals, and posters with run lengths from 1 to 5000, and demonstrated the business model for each one. As the demand for short-run print continues to grow, Fujifilm's aim is to demonstrate the variety of jobs that can be printed profitably using inkjet presses that are commercially available today, and highlight to print service providers the potential business opportunities offered by inkjet printing. Fujifilm also showcased its XMF work- flow production suite and demonstrated how this software cannot only support high-volume, variable-data digital print production, but also handle the fast turn- arounds required for shorter run digital print. Graham Leeson, head of European com- munications, Fujifilm Graphic Systems, commented: "When visitors to Ipex arrived at our stand they stepped into a real-life inkjet production environment, where they had the opportunity to see just how inkjet presses can profitably print many types of fast turnaround, short-run print. We are committed to demonstrating the power of inkjet technologies and open people's eyes to its full potential." MyPRINTResource.com/10013527 Fifth Third Bank Works with Ricoh to Transform In-Plant Operations, Delivering Greater Value to Customers Fujiflm's Focus on the Business Model of Inkjet Print Production QPsupp_7-9_0614 News.indd 8 5/15/14 11:53 AM