Fulton Financial Selects Metavante for Check Imaging and Branch Capture
13 Abril 2009 - 7:00AM
Business Wire
Metavante (NYSE:MV), a leading provider of banking and payments
technology, today announced that Fulton Financial Corporation, a
$16.2 billion regional financial holding company headquartered in
Lancaster, Pa., has selected Metavante Corporation�s Direct Branch�
and VisionIP� as its new enterprise-wide check imaging and item
processing solution.
Metavante and Fulton Financial developed a strategic plan to
transition from its existing check processing solution to an
image-enabled platform that delivers new value-added services such
as Direct Branch, a branch capture solution that enables the bank
to image-capture branch work and deposits, transmitting data and
images to a centralized aggregation server. Data perfection and
transaction balancing services can be performed on site at branch
locations or as a centralized process. As a result, courier runs
are significantly reduced, saving the bank both time and money. In
addition to the deployment of Direct Branch and VisionIP, Fulton
Financial is using several other Metavante products and services,
including card personalization, risk and compliance, and wealth
management.
�Metavante�s Direct Branch and VisionIP solutions provided cost
savings, making it affordable for us to replace our existing check
imaging system with a new, advanced solution that will integrate
seamlessly into our environment,� said Charlotte Anderson, senior
vice president, Fulton Financial. �VisionIP is a scalable solution
that supports both our current and future processing volumes while
giving us the flexibility to expand our system and add new
applications as future needs arise. With the Direct Branch
solution, we can extend the end-of-day branch cut-off time for our
customers and our same-day processing window, because less time is
required to prepare our outgoing cash letters. Metavante managed
its implementation process very effectively, providing for a smooth
conversion.�
Metavante�s VisionIP solution, a Windows� operating system based
application, supports Check 21 features using an integrated
platform to process multiple transaction sources including
distributed capture, remote capture, proof-of-deposit and
electronic image-based inclearings. Additionally, the solution
provides for management of x9.37 files, image cash letter endpoints
and image quality assurance.
�Metavante continues to solidify and strengthen its position in
the image item processing industry. Even as paper check volumes
continue to decline, Metavante continues to realize growth and
increase market share,� said Paul Danola, president, Metavante
Image Solutions. �The image processing technology and strategic
interfaces built into the VisionIP solution provide Fulton
Financial with the tools to efficiently handle volumes of payments
in a variety of traditional and emerging payment formats.�
Metavante�s image solutions provide comprehensive solutions that
help banks and businesses transition from paper to electronic
payments and image processing. Solutions that can be delivered
in-house or outsourced include distributed capture, check and
remittance processing, fraud detection, and document and report
management. Customers encompass banks and corporations of all sizes
worldwide from de novo banks to the largest financial institutions
and corporations.
About Fulton Financial Corporation
Fulton is a Lancaster, Pennsylvania based $16.2 billion
financial holding company operating 268 branches in Pennsylvania,
Maryland, Delaware, New Jersey and Virginia through 10 affiliate
banks. Additional information on Fulton Financial Corporation is
available on the Internet at www.fult.com.
About Metavante
Metavante Technologies, Inc. (NYSE:MV) is the parent company of
Metavante Corporation. Metavante Corporation delivers banking and
payments technologies to approximately 8,000 financial services
firms and businesses worldwide. Metavante products and services
drive account processing for deposit, loan and trust systems,
image-based and conventional check processing, electronic funds
transfer, consumer healthcare payments, electronic presentment and
payment, outsourcing, and payment network solutions including the
NYCE Network, a leading ATM/PIN debit network. Metavante
(www.metavante.com) is headquartered in Milwaukee.
Windows is a registered trademark of
Microsoft Corporation in the United States and other countries.
Metavante, NYCE and Direct are
registered trademarks of Metavante Corporation, which is the
principal subsidiary of Metavante Technologies, Inc.
Metavante Hlds (NYSE:MV)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
Metavante Hlds (NYSE:MV)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024