TITLE

Frost Bank Expects 15% Return on Imaging Investment

PUB. DATE
December 2004
SOURCE
Bank Technology News;Dec2004 Supplement, Vol. 17, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents information on the banking unit of San Antonio, Texas-based Cullen/Frost Bankers Inc., known as Frost Bank. It was among the first banks to join ECCHO, an early industry initiative to promote electronic check presentment (ECP) and now the private sector rules group for ECP and image exchange. Frost boasts a high penetration of customers already accustomed to not having cancelled checks returned in monthly account statement. The start up of Check 21 finds Frost among a contingent of banks well on the way to receiving all paper checks from check processing operations. INSET: Separating Fact from Fiction.
ACCESSION #
15481736

 

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