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Delphax Technologies has announced the purchase of an Imaggia IM300 digital print system by Canadian payments and lending solutions provider D+H, which has installed several Imaggia systems over the past 13 years in its service to the North American financial services industry.

The Imaggia IM300 is a toner-based digital Magnetic Ink Character Recognition-capable (MICR) sheet-fed printer, which uses Delphax's electron-beam imaging technology to output 300 document pages per minute.

According to Delphax, this makes it the 'most advanced security printing system of its type', and is suitable for applications requiring multiple base stock sources and variable overprints.