Fiserv Deals Fill Last Holes In National Image Exchange

Credit Union Journal, The, May, 2003 by Will Wade, American Banker

A pair of Fiserv Inc. image-exchange agreements announced at the Bank Administration Institute's TransPay Conference-one with Viewpointe Archive Services LLC, the other with Small Value Payments Co.-are filling in some of the last remaining blanks in the effort to develop a national check image exchange infrastructure.

"This is putting all the pieces together," said Viewpointe chief executive officer John Lettko. With Viewpointe representing nine of the largest banks in the country, SVPCo accounting for 20 more major banks, and Fiserv the check processor for about 1,600 mostly small and midsize banks, these deals constitute a driving force in image exchange.

More Agreements Sought

Lettko said he wants to pursue more such agreements. But even as the players...

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