M&I to use Metavante system for all check imaging
M&I Bank will soon begin using Metavante Corp.’s branch capture technology for image capturing at the back counter for each of its 375 branch offices. The bank is already using Metavante’s platform to image capture its checks for its corporate and merchant customers, and using the technology is expected to streamline the bank’s transaction balancing and check clearing process.
"Direct Branch integrates with our existing check processing system, and provides a direct path to truncation and check image exchange," said John Roberts, senior vice president, M&I Bank. "As a result, we will be able to cut operating costs, increase productivity and accelerate transaction processing to deliver same or next-day availability of funds to our customers."
