OKLAHOMA CITY - (10/29/04) -- The Endpoint Exchange Networknational check exchange said it began live operations with a testrun Thursday in conjunction with the enactment of the Check 21 law.Under the test, check images captured by INTRUST Bank, one of therouting banks on the network, are routed to Endpoint Exchange, thenchecks payable to non-network participants are forwarded to Fiserv,which routes them into a national image distribution network. Thetransactions are settled by the National Clearing HouseAssociation. Endpoint Exchange is owned by Metavante, a whollyowned subsidiary of bank holding company Marshall & IlsleyCorp., and has signed 4,000 credit unions and banks to its newcheck network.
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