ADDISON, Texas - (04/27/05) -- Metavante said its VECTORsgi unithas enhanced its VECTOR Capture Anywhere Solution to include imagecapture at the teller line, the back counter, ATMs, corporateoffices and correspondent banks. Capturing images at the earliestpoint of presentment allows credit unions and banks to acceleratethe benefits of check imaging by removing geographic boundaries, anadvantage made possible by Check 21. The VECTOR Capture AnywhereSolution collects and balances image deposits electronically,streamlining item processing and extending deposit windows,allowing credit unions and banks to increase funds availability andreduce float, regardless of time zone of location.
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Federal Reserve Governor Michelle Bowman said she believes there is a feasible path forward for the revised capital reform proposal, emphasizing the importance of making broad changes informed by industry feedback to achieve broad consensus among Federal Reserve board members.
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But views are split, at least in the near-term on whether rising mortgage rates are holding back the Spring home purchase season.
57m ago -
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The Office of the Attorney General in New York says the bank violated the state's Exempt Income Protection Act, illegally transferring customers' money to debt collectors.
April 17 -
The Providence, Rhode Island, company is having discussions with private wealth management teams elsewhere as it seeks to expand its fledgling private bank. In just three months, private banking deposits doubled to $2.4 billion.
April 17 -
After the Minneapolis-based company reported stubbornly high commercial deposit costs, it reduced its full-year forecast for net interest income by $200 million-$500 million.
April 17