NEW YORK, Jan. 23, 2008 (PRIME NEWSWIRE) -- Viewpointe, the leading provider of check image and Check 21-related services, announced today that Bremer Bank, St. Paul, Minn., has become the latest financial institution to become a Viewpointe Pointe2Pointe(tm) customer. Using the Viewpointe image exchange solution, Bremer Bank, a privately held, $6.8 billion regional financial services company, will be able to connect to all of the nation's endpoints and exchange images with Viewpointe's customers.
"With Viewpointe's Pointe2Pointe solution, Bremer will be able to easily and rapidly begin doing check image exchange, clearing and presentment," said Jeff Gleason, vice president/manager, Bremer's Payments Office. "The large number of exchange partners available through the Viewpointe network will help us fulfill our corporate objectives relating to check electronification and exchange."
"Bremer, with its significant presence in the Midwest, offers another valuable connection for our customers," said Diane Scott, Viewpointe chief sales, marketing and product officer. "We're extremely pleased to welcome this excellent institution to the Viewpointe family."
By adopting Viewpointe's Pointe2Pointe services, Bremer will be able to safely send and receive electronic check images, rather than paper, to Viewpointe's national archive customers and other Pointe2Pointe customers, which include some of the nation's largest check processors. Pointe2Pointe makes it possible for financial institutions to connect with other banks generally in just 30-60 days following telecommunications installation and simple testing to ensure a consistent transmission of images. After testing, organizations can safely and reliably exchange images with additional financial institutions in as little as 14 days.
As a result of joining Viewpointe, Bremer will immediately become a member of the Viewpointe User Group, an organization of Viewpointe customers that meet to discuss best practices, set standards for image exchange and help drive the industry toward full check electronification.
About Viewpointe
Viewpointe is a leading provider of check image and Check 21-related services to the nation's top financial institutions. Viewpointe operates the largest national archive of check images and information and is the only institution able to provide image exchange on demand through ImageShare(tm) and bank-to-bank image exchange through Pointe2Pointe(tm). In 2006 and 2007, Viewpointe was one of the youngest companies named to the prestigious FinTech 100 surveys. Viewpointe clients include: BancorpSouth, Inc., Bank of America, BB&T, Bremer Financial Corporation, Colonial Bank, Compass, FDC, Fifth Third, First Horizon National Corp., Fiserv, Inc, Cullen/Frost Bankers, Inc., Harris Bank, HSBC Bank USA, J.P. Morgan Chase & Co., National City Corporation, SunTrust Bank, Synovus Financial Corp., U.S. Bancorp, Wells Fargo and Zions Bancorporation. Industry connections include Endpoint Exchange and Federal Reserve Financial Services. For more information about Viewpointe, please visit www.viewpointe.com.
About Bremer
Bremer Financial Corporation is a privately held, $6.2B regional financial services company jointly owned by its employees and the Otto Bremer Foundation. Founded in 1943 by Otto Bremer, the company is headquartered in Saint Paul, Minnesota, and provides a comprehensive range of banking, investment, trust, and insurance services to more than 100 locations in Minnesota, North Dakota, and Wisconsin. Company profits are distributed in the form of charitable grants by the Otto Bremer Foundation to communities throughout the company's footprint. For more information, visit www.bremer.com