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Brink's Launches Cash Vault Image Capture Solution; National City to Offer the New Service.


DALLAS -- Brink's, U.S., a Division of Brink's, Incorporated (Brink's), a recognized national leader in secure logistic lo·gis·tic   also lo·gis·ti·cal
adj.
1. Of or relating to symbolic logic.

2. Of or relating to logistics.



[Medieval Latin logisticus, of calculation
 solutions, announced today the establishment of an image capture solution in National City's (NYSE NYSE

See: New York Stock Exchange
:NCC NCC

See National Clearing Corporation (NCC).
) Dallas cash vault vault, ceiling over a room, formed in any one of a variety of curved shapes. Nature of Vaults


A vault is generally composed of separate units of material, such as bricks, tiles, or blocks of stone, so shaped or cut that when assembled they form a
. National City currently serves clients through over 50 cash vaults located throughout the U.S.

National City will use the Brink's Vault Image Capture Solution powered by NetDeposit to remotely capture check images and data for the bank's cash vault depositors. Brink's product offers:

--Image capture of the front and back of the check

--Proof and balancing of check deposits

--Image quality control

--Routing, sorting and batching of items

--Deposit transmission to the depository bank A depository bank (U.S. usage) is a bank organized in the United States which provides all the stock transfer and agency services in connection with a depository receipt program.  

"As strategic business partners for many years, an image-based solution is the next logical progression in our relationship with National City," said Guy Weissberg, executive vice president, Brink's Cash Logistics. "This is a unique time of change in our industry. Check 21 and the increased use of image services, are just a few of the changes that allow us to provide our cash vault customers with a check-imaging solution that is a value differentiator for financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 providers like National City."

"This is an exciting opportunity for us to provide our customers with a virtual end-to-end deposit processing service," said Lynn Aleksov, senior vice president and manager of Global Trade and Treasury Management at National City. "In addition to better service, the Brink's solution expedites collection of checks on behalf of our clients."

About Brink's, Incorporated

Brink's, Incorporated, delivers customized cash logistics solutions that help companies manage the intricacies of the cash supply chain. With a nationwide footprint of over 150 locations and more than 2,200 armored vehicles, Brink's provides end-to-end transportation, cash management and business intelligence services including currency and coin processing, ATM servicing, document destruction, the proprietary Brink's CompuSafe(R) Service, and the state-of-the-art Brink's iCash System. For more information about Brink's, Incorporated, visit the Company's website at www.brinksinc.com.

About National City

National City Corporation (NYSE: NCC), headquartered in Cleveland, Ohio "Cleveland" redirects here. For the Cleveland metropolitan area, see . For other uses, see Cleveland (disambiguation).
Cleveland is a city in the U.S. state of Ohio and the county seat of Cuyahoga County, the most populous county in the state.
, is one of the nation's largest financial holding companies. The company operates through an extensive banking network primarily in Ohio, Illinois Ohio is a village in Bureau County, Illinois, United States. The population was 540 at the 2000 census. Geography
Ohio is located at  (41.556900, -89.460995)GR1.
, Indiana, Kentucky, Michigan, Missouri and Pennsylvania, and also serves customers in selected markets nationally. Its core businesses include commercial and retail banking, mortgage financing and servicing, consumer finance and asset management. For more information about National City, visit the company's Web site at www.nationalcity.com.
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Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:May 12, 2005
Words:403
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