"Focus: Banking & Finance" piece on so-called "remote capture" technologies that

Jeffrey Bouley

Source

Mainebiz

Date

4-2-2007

Pages

24-26

Abstract

"Focus: Banking & Finance" piece on so-called "remote capture" technologies that are gaining a foothold among corporate banking customers. Businesses can now scan checks they receive from their customers and send those digital images to banks instead of depositing physical checks. Laurie Werts of Key Bank in Portland said that in December Key Bank processed $1.3 billion worth of checks through its nationwide Key Capture system. Ellsworth-based Union Trust expects to launch its remote capture offering next month. Christopher Robbins, president of Evest Lending in Westbrook, praises the Key Capture service, adding that there have been no glitches since he started using the process. With a related article on the Lewiston check-clearing firm FISC Solutions, and its new role as an intermediary between customers using remote capture and the banks that offer it.

Subjects

Banks and banking, Key Bank of Maine

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