MI Marshall & Ilsley Corp

Two Largest Image Exchange Networks Provide Financial Institutions of All Sizes with Opportunity to Take Advantage of Image Exchange NEW YORK, April 18 /PRNewswire/ -- Endpoint Exchange LLC, a Metavante company, and SVPCO -- Electronic Clearing Services, the electronic check and check image exchange business of The Clearing House Payments Company LLC, today announced that member financial institutions of both systems can now exchange check data and images. The agreement, which brings together the nation's two largest check image exchange systems, will provide financial institutions with a new opportunity to streamline their check processing operations and accelerate the adoption of check image exchange. Endpoint Exchange serves more than 4,000 community banks and mid-tier financial institutions across the country. SVPCO Image Payments Network works with the nation's largest financial institutions, and through its relationship with the Federal Reserve, reaches more than 10,000 endpoints. "The connection between Endpoint Exchange Network and the SVPCO Image Payments Network represents a new day for the payments industry by making check image exchange a more viable strategy for all financial institutions," said Susan Long, Senior Vice President of The Clearing House, responsible for SVPCO-Electronic Clearing Services. "By working cooperatively, both networks are making it easier for financial institutions to reduce the costs and risks associated with paper checks." Jim Fancher, general manager, Endpoint Exchange LLC, said: "The combined reach of SVPCO and Endpoint Exchange will provide an unprecedented level of check image exchange. One of the largest SVPCO clients, Wachovia Corp., is already live and exchanging check images with Endpoint Exchange member institutions across the country." The Endpoint Exchange Network has been a leading electronic check image exchange provider for the financial services industry. Endpoint Exchange's support of all industry standard image exchange formats provides the full cross-platform interoperability that financial institutions need to exchange check images in a multi-lateral environment. The SVPCO Image Payments Network, the largest private sector image exchange network by volume, offers financial institutions a variety of connectivity options. The SVPCO Distributed Traffic Agent (DTA) enables financial institutions with larger volumes to transmit check images directly to each other. The SVPCO Gateway DTA is a cost-effective solution designed for institutions with smaller volumes or who are interested in gradually ramping up their image exchange capabilities. The Image Payments Network can also be accessed through an institution's correspondent banking relationship or through a third-party processor. Through March, participants in the SVPCO Image Payments Network include Bank of America, BB&T, Comerica Bank, Fifth Third Bank, First-Citizens Bank, HSBC Bank, Huntington National Bank, JPMorgan Chase Bank, KeyBank, LaSalle Bank, M&T Bank, National City Bank, PNC Bank, Sterling National Bank, Union Bank of California, U.S. Bank, Wachovia Bank and Wells Fargo Bank. The SVPCO Image Payments Network can reach more than 10,000 endpoints through its relationship with the Federal Reserve and can help financial institutions of all sizes take advantage of image exchange. For more information about the SVPCO Image Payments Network, contact Susan Goold, Vice President, Products and Services, SVPCO-Electronic Clearing Services, 201.319.5554, . About Endpoint Exchange Endpoint Exchange enables U.S. financial institutions to clear their check-based transactions by exchanging check images between member institutions. Endpoint Exchange (http://www.endpointexchange.com/) is the country's first electronic check-clearing network that capitalizes on existing imaging infrastructure and settlement relationships, with the interoperability to connect to every endpoint in the nation. Metavante Corporation (http://www.metavante.com/) is a leading provider of image-based check processing and distributed image-capture solutions, which include Endpoint Exchange. Metavante delivers banking and payment technologies to financial services firms and businesses worldwide and is wholly owned by Marshall & Ilsley Corporation (NYSE:MI). About The Clearing House Payments Company The Clearing House Payments Company L.L.C. (http://www.theclearinghouse.org/) is a private-sector, global payment systems infrastructure that clears and settles 40 million payments for more than $1.6 trillion per day. The Clearing House serves more than 1,400 U.S. financial institutions and hundreds of international participants with payment services that span the entire spectrum of paper, paper-to-electronic and electronic payments. Services include local and regional check exchange and settlement services; ACH association and operations; large-value "wire" payments; electronic check presentment; and image exchange. Financial institutions of all sizes benefit from payment systems that meet the highest standards for reliability, security and service. The Clearing House Payments Company is owned by the following banks or their U.S. banking affiliates: Bank of America, The Bank of New York, The Bank of Tokyo-Mitsubishi UFJ, BB&T, City National Bank, Citibank, Citizens Bank, Comerica Bank, Deutsche Bank, Fifth Third Bank, First-Citizens Bank, HSBC Bank, JPMorgan Chase Bank, KeyBank, LaSalle Bank, M&T Bank, National City Bank, PNC Bank, UBS, U.S. Bank, Wachovia Bank, and Wells Fargo Bank. DATASOURCE: The Clearing House CONTACT: Chip Savidge, +1-212-613-9896, +1-917-576-0957 - mobile, , or Greg Berardi, +1-415-239-7826, +1-415-672-2377 - mobile, , both of The Clearing House, for SVPCO; or Sam Baumgarten of Metavante Corporation, +1-678-533-4861, , for The Clearing House Web site: http://www.theclearinghouse.org/ http://www.endpointexchange.com/ http://www.metavante.com/

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