OnWe Claims Monthly Volume of 20M

LendingTools.com Inc. said Wednesday its OnWe image exchange network is handling more than 20 million checks a month.

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The Wichita company's OnWe network, which was designed for correspondent and community banks, went live in February 2007 with two users. It is adding about six banks a week and expects it will be adding about 20 users a week by yearend.

"Our concept is validated by our growing market share," Eric Goering, the president and chief executive of LendingTools.com, said in a press release.


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