NEW YORK, Nov. 29, 2006 (PRIME NEWSWIRE) -- Leading check image, archive and exchange services provider, Viewpointe (www.viewpointe.com), announcedits debut at number 65 on the prestigious FinTech 100 rankings. The honorable distinction is based on Viewpointe's proven record of helping banks to rapidly transform the paper intensive check payment industry into a streamlined family of electronic check processing solutions.
According to the FinTech 100, Viewpointe, "has achieved remarkable scale in (just) six years." The American Banker reviewed technology companies that derive more than one third of their revenue from the financial services industry and evaluated more than 400 responses, their financial data, and analysis by Financial Insights and its parent, IDC before naming this year's winners.
The post-Check 21 payments landscape has created numerous challenges for banks. With the volume of paper-check processing in decline, financial institutions need to optimize their payments infrastructure. Viewpointe enables banks to access the most secure and cost-effective image processing, sharing and storage infrastructure that supports a myriad of payment operations and services. Viewpointe's industry-changing technology gives participating banks protection against the impending decline in check revenue.
Lou Buglioli, CEO of Viewpointe stated, "The FinTech 100 is one of the most prestigious listings of technology companies in the financial services arena today. We're honored to be included among this group of companies and to be recognized for our efforts in driving innovation in the payments industry."
A comprehensive overview of the FinTech 100 rankings and commentary are available at http://www.americanbanker.com/fintech100.html.
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 direct bank-to-bank image exchange through Pointe2Pointe(tm). Viewpointe customers and connections include: BancorpSouth, Inc., Bank of America, BB&T, Compass, Endpoint Exchange, the Federal Reserve Banks, First Horizon National Corp., Fiserv, Inc, Cullen/Frost Bankers, Inc., Harris Bank, HSBC Bank USA, J.P. Morgan Chase & Co., National City Corporation, Southwest Corporate Federal Credit Union, SunTrust Bank, Synovus Financial Corp., U.S. Bancorp, Wells Fargo and Zions Bancorporation. For more information about Viewpointe and its services, please visit www.viewpointe.com.
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