NEW YORK, July 1, 2008 (PRIME NEWSWIRE) -- Viewpointe, a leading provider of check image exchange and archive services, announced today that it is offering a new connectivity option for financial institutions to conduct image exchange. A new Internet connectivity option is available to financial institutions with annual check image volume of 75 million or less. The new offering helps enable banks to more quickly, easily and cost effectively use Viewpointe's Pointe2Pointe(r) image exchange service through the Internet, without the expense of a dedicated telecom line.
"Viewpointe's aim is to help complete the 'last mile' in image exchanging by making it easier for financial institutions of any size to get connected with an image exchange network," said Diane Scott, chief sales, marketing and product officer/chief strategy officer of Viewpointe. "From within the industry, we frequently hear that financial institutions not using image exchange want to start doing so, but they are struggling to find ways to do so with what are very often limited financial and human resources. This new Internet connectivity option provides an easier, more economical way to get involved and reduces the demands on financial institutions' internal resources."
Financial institutions with annual electronic check volumes of up to 75 million can now have cost-effective access to Viewpointe's proven, robust Pointe2Pointe image exchange service. Organizations can easily and securely connect with exchange partners via software that is already widely used by many financial institutions to conduct file transfers. Internet connectivity also gives financial institutions the option to send settlement entries to PaymentsNation in an automated fashion -- all through the same connection -- making the process simpler, faster and more efficient. The fee structure is also designed to encourage participation; there are no implementation fees and transactions are priced per item based on actual usage.
"Financial institutions today are looking for methods to reduce the cost of in-house resources and telecom spending while streamlining settlement opportunities wherever possible," said Nancy Atkinson, senior analyst at Aite Group. "Internet connectivity is a strong option for image-enabled banks to quickly begin image exchange and gain rapid access to exchange partners in the Viewpointe network."
For more information about Pointe2Pointe and Internet connectivity, go to www.viewpointe.com.
About Viewpointe
Viewpointe(r) is a leading provider of check image exchange and archive services to financial institutions. Viewpointe operates the largest national archive of check images and information. It offers bank-to-bank image exchange through Pointe2Pointe(r) and is the only institution able to provide image exchange on demand through ImageShare(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, 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 Federal Reserve Financial Services and PaymentsNation via Endpoint Exchange. For more information about Viewpointe, please visit http://www.viewpointe.com/.
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