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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.
