Kofax Signs $2M Deal With European Bank

Irvine-based image capture software provider Kofax reported a big customer win this morning, worth $2.3M, with a European bank. Kofax--whose software is used for scanning and archiving paper documents--did not name the bank, but says its applications will be used to process more than 350 million documents per year. Kofax said the company's software will be used for processing forms, documents, trailing documents, and checks.