KeyCorp said it plans to install a check imaging system in its wholesale and retail lockbox units.

The Cleveland-based bank company joins a growing number of banks using image technology in their cash management operations. According to Mentis Corp., Durham, N.C., 137 banks used imaging for cash management in 1995 as opposed to only four in 1992.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.