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NCR gets NetBank's check-imaging business

January 31, 2002

DAYTON, Ohio -- NCR Corporation (NYSE: NCR) has been awarded a five-year outsourcing contract to provide check imaging services for NetBank(Nasdaq: NTBK). The contract expands NCR's relationship with NetBank, a current user of NCR's Internet banking outsourcing service.

NCR will provide NetBank with check image capture and digital image storage and retrieval (including image statement delivery) via a dedicated image and transaction archive, providing NetBank customers with on-demand access to check images via the Internet. Customers requiring a copy of a check transaction can print check images at no cost.

NCR offers a suite of outsourcing services for all aspects of image-based item processing to NetBank and other customers. According to NCR, its common platform strategy allows clients to tailor their systems, whether they are outsourced, in-house or a blend of both.

Joe Kniceley, vice president, NCR Payment Solutions, Americas, said, "Image and information delivery via the Internet will soon be the preferred method of transaction research for all bank customers. Our partnership with NetBank is creating a new, higher standard for customer service now and for the future."

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