Commerce Bank, a subsidiary of Commerce Bancshares, has joined Viewpointe exchange for check image exchange transfers by becoming a Pointe2Pointe with Internet connectivity customer. Viewpointe is a provider of check image exchange and archive services.
According to Viewpointe, implementing Pointe2Pointe with Internet connectivity allows Commerce Bank to conduct check image exchange efficiently and cost effectively.
Pointe2Pointe enables financial institutions to safely send and receive electronic check images between Viewpointe customers, eliminating the time and expense associated with paper transfers.
Mike Spafford, senior vice president of Commerce Bank, said: “Viewpointe’s Pointe2Pointe with Internet connectivity is a very good fit for us in terms of scale and level of service for our business and we believe that Viewpointe will help us meet our customers’ needs.”
Glenn Wheeler, president of Viewpointe clearing, settlement & association services, said: “Through Viewpointe’s Pointe2Pointe with Internet connectivity, Commerce Bank can streamline existing check processing procedures and reach a significant percentage of the banks with which it exchanges digital checks. We are very pleased that this respected institution has selected Viewpointe for this essential activity.”
Viewpointe offers archive capabilities, end-to-end check image exchange clearing and settlement and Automated Clearing House association services.
Commerce Bank provides a diversified line of financial services, including business and personal banking, wealth management, financial planning, and investments through its affiliated companies. Commerce Bank operates in 370 locations in the Central United States.