Fall Leaves FOCUS
 
 Image and Item Processing Client Newsletter 
 
Fall 2007
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In This Issue
Check Electronification
Florida Capital Bank
Fall Client Conferences
RemitStream Solutions
Upcoming Events
Don't Miss Our Remote Capture NetConferences 
Boy with Fall Leaves
 
In November we will be hosting another series of NetConferences on Remote Capture.  This series features Teller Capture, Merchant Capture and Branch Capture Solutions from ITI.  Click here for more information and to sign up. 
Teller Capture - Nov 8
Merchant Capture - Nov 15
Branch Capture - Nov 29
Quick Links
Thanks for Helping To Make 2007 a Great Year!
Fiserv Item Processing is having a great 2007 sales year. From Jan - Sept 2007 we added 108 new client contracts and we renewed another 138 existing clients.  The Fiserv Clearing Network now has over 700 members, over 800 clients are using merchant capture and over 900 institutions are using our branch capture solutions. 
 
Welcome to our new clients and thank you to our many long term clients.  Together we are leading the industry for outsourced check processing, remote capture solutions and image exchange via the Fiserv Clearing Network.
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Check Electronification - Have We Reached the Tipping Point?
Several factors are fueling the notion that the tipping point for check electronification is fast approaching. The first indicator is the steep incline in check image exchange volumes. Since January 2006, image exchange volumes have increased exponentially across the banking industry.

According to Viewpointe, the nation's leading provider of check image exchange and archive services, its image exchange volumes have grown nearly 5000 percent during the 18-month span between January 2006 and June 2007.

Across the industry, the latest Federal Reserve/ECCHO report shows a 913 percent increase from its reporting agencies over the same period of time. The total number of images exchanged in May 2007 exceeded 700 million items. This equates to an annualized volume of 8.7 billion items per year, or approximately 24 percent of all checks cleared. This powerful combination of rapid growth and large volume will push the industry to its tipping point.

Click here to read the rest of the article.

(Condensed from an article by Rustin Carpenter, Viewpointe, published in Transaction News, August 2007).
Florida Capital Bank Success Featured in Community Banker Magazine
 Eileen Byrne Photo
Did you know over 700 clients are now using a Fiserv Merchant Capture a.k.a Remote Deposit solution?  One of our best success stories is Florida Capital Bank, a $728M asset bank that has over 100 businesses enrolled.  Eileen Byrne, treasury services manager, credits remote deposit with helping the bank extend its reach into new geographic areas and increasing its deposit base.  Read Eileen's story on our website at Fiserv IP News .
Charleston and LA Client Conferences a Great Success
 
Charleston Client PhotoThe Charleston Spirit of Partnership event was held September 12 - 14 in historic Charleston South Carolina.  Over 270 attendees enjoyed a great lineup of item processing and ITI  educational sessions, a product showcase and many social events.  The IP presentations are now posted on our website at Fiserv IP Events .  You will need to enter the username: fiserv and password: fiserv.
 
October 15 - 16, Fiserv IP co-hosted with ITI Outsourcing the second Spirit of Partnership Event in Los Angeles at the Sheraton Universal Hotel across from Universal Studios.  Visit FiservIP.com and look for the Spirit of Partnership logo to get more information. 
RemitStream Solutions Expands its Image Storage Solution

By storing images of checks and remittance documents in an archive, lockbox users may conduct information searches on the Web and improve customer service. RemitStream Solutions, the Fiserv lockbox processing company, has recently enhanced its image archive with increased storage capacity to meet this need for corporate customers of RemitStream Solutions' financial institution clients.

 

RemitStream Solutions' archive is accessed through LockboxOnline, which enables users to view images, conduct searches and obtain reports on daily lockbox processing activity -- all online. Images are accessible within two hours of processing and are now stored for a period of 90 calendar days. Plans are also underway for a seven-year archive.

 

For more information on creating a paperless work environment, call 312-660-7185 or visit the RemitStream Solutions web site at www.remitstream.com

Welcome to our new look for Fiserv FOCUS.  We hope our new email format will make it easier for you to stay up to date on IP news and events.  Please send any comments or suggestions to victoria.lant@fiserv.com
 
Sincerely,
 
Victoria Lant
Product Marketing Director
Fiserv Item Processing Services
519 884 2847