Two recent annoucements underscore the strong demand for remote capture products:
NetDeposit
Press Release, April 25
- NetDeposit generated a 190 percent increase over transaction volumes of the previous quarter and
- More than 1,000 new corporate end users have been added since January,
- 24,406,641 Check 21 payments were processed during the first quarter of 2006. Compared to one year ago, this represents an astounding 1466 percent increase from the first quarter 2005 transaction volume of 1,664,756.
Metavante
Press Release, April 28
Metavante Corporation, the financial technology subsidiary of Marshall & Ilsley Corporation, today announced its Image Solutions division has successfully implemented branch image capture for over 350 customers around the world. The Metavante Image Solutions customer base for branch image capture reaches every segment in the financial services sector and to financial institutions of every asset size – from community banks and local credit unions to service bureaus and data centers to the country’s largest regional banks and corporate credit unions.
Refer to my earlier post What is Remote Capture?
During her time at Glenbrook, Erin focused on client engagements in business payments, cross-border transactions, bill payment, and the intersection of corporate finance, banking, and ERP/accounting. She has nearly twenty years of experience leading increasingly complex payment initiatives for corporate clients and advising financial institutions and payment technologists on the development of their payment capabilities.
Erin is also the founder of Forte Financial, a consulting firm focused on corporate finance efficiency, technology, and process improvement. She is a past president of the Financial Women’s Association of San Francisco and also a two-term past president of the San Francisco Treasury Management Association. Erin is no longer with Glenbrook, but contributed greatly during her time at the firm.