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M&T Bank signs with NCR for remote-capture tech
February 13, 2007
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.
Banking Executive SummaryPublic CompaniesDepositsTransaction ProcessingManufacturersOtherNorth AmericaBank / Credit UnionSoftware
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