MADISON, Wis. - (01/19/05) -- CUNA Mutual Group said it hasexpanded its contract with Captiva Software Corp. to help it bettercapture and process the 25 million pages of mail, faxes and otherdocuments it receives each year. Under the deal, CUNA Mutual willuse Captiva's Digital Mailroom, an automated classification androuting system for digitized images of inbound mail and electroniccommunications, to capture, extract and perfect information fromincoming proof of insurance and other documents. CUNA Mutual hasbeen using San Diego-based Captiva'a InputAccel document capturesoftware since 1999. The software scans and captures 100,000 pagesa day. The new contract will expand CUNA Mutual's use ofInputAccel.
-
Liberty Bank in Salt Lake City had been "structurally unprofitable" since 2008, according to its regulators. Experts criticized the FDIC for allowing the bank's demise to play out in slow motion.
4h ago -
The New York-based bank says it will push its concentration of commercial real estate loans below 400% of risk-based capital over the next two years and focus more on C&I.
6h ago -
The San Francisco-based firm's Anchorage Digital Trusted Liquidity and Settlement network, better known as Atlas, will allow clients to settle a range of cryptocurrency transactions.
8h ago -
Consumer spending slowed and charge-offs rose during the first quarter, but Bread Financial said a pending late-fee rule may not be as devastating to its revenue as the Columbus, Ohio-based firm initially feared.
10h ago -
Artificial intelligence models are energy hogs. Climate First Bank and UBS are among the very few trying to solve this problem.
10h ago -
The FDIC board debated and ultimately withdrew two separate proposals to address asset managers' control over banks, but acting Comptroller of the Currency Michael Hsu said he couldn't support either and called for more research and debate about how asset managers' control over banks impacts safety and soundness.
April 25