NEW YORK - North Fork Bancorporation Inc., one of the nation's top-20 financial institutions, has signed a deal with NCR Corp. to provide its customers with image-based ATM deposit technology. According to a news release, North Fork is the first bank in New York City to introduce no-envelope deposits at the ATM.
The deployment is an end-to-end initiative, with check images captured at the ATM being immediately transferred through NCR's ImageMark Passport ATM Agent and ImageMark Passport Consolidation Server to the Metavante Image Solutions Direct Deposit Gateway for processing. Metavante Image Solutions also provides the back-office processing services for North Fork Bank. NCR's Aptra Edge software enables the transaction. NCR also will provide service on the newly-deployed units.
"We are very excited to be the first bank to deliver complete end-to-end, image-based ATM deposit services to New York City," said John Adam Kanas, North Fork's chairman, president and chief executive. "We believe this process improvement will also help us transition more of the deposit-taking task to the ATM, helping to decrease lines in the branch while freeing tellers for more relationship building and consulting services."
