ORLANDO - M&T Bank Corp. (more than $56 billion in assets), one of the United States' 20 largest commercial-bank holding companies, has signed with NCR Corp. for ImageMark Commercial Passport remote-capture technology.
According to a news release, NCR's solution includes Web-based image-capture software, hardware and associated services. M&T's commercial clients can capture check-transaction data and images onsite and then transmit a balanced, electronic deposit over the Web to M&T for validation and settlement.
"This is a service our commercial customers really want and have found very easy to implement," said Eric J. Jones, vice president of commercial product management for M&T.
NCR's ImageMark Passport also integrates with a financial institution's business and home-banking Internet sites, electronic updates to end-customer accounting systems, back-office conversion, duplicate-item detection, robust security, and integrated courtesy and legal amount recognition. The technology also provides an integrated and scalable platform for processing transactions from other locations, including branches and ATMs.
