DataTreasury Inks Pact With Bank Hapoalim.Business Editors MELVILLE, N.Y.--(BUSINESS WIRE)--Jan. 24, 2002 DataTreasury Corporation announced here today that it has concluded an agreement with Bank Hapoalim Bank Hapoalim (Hebrew: בנק הפועלים lit. Bank of the Workers) is the largest Israeli bank. B.M. for the Israel-based bank and its subsidiaries to become end-users of DataTreasury's proprietary eImageVault(TM), a product extension of the patented eCheckVault(TM)check image platform. The seven-year contract will allow Signature Bank, a wholly-owned Bank Hapoalim subsidiary, to transmit, store, receive and retrieve archived checks and payment coupon transactions as well as other financial and commercial transaction data, using the DataTreasury patented global repository system. Terms of the agreement were not disclosed. "This business relationship continues to underscore The underscore character (_) is often used to make file, field and variable names more readable when blank spaces are not allowed. For example, NOVEL_1A.DOC, FIRST_NAME and Start_Routine. (character) underscore - _, ASCII 95. what we have been saying about the multiversity mul·ti·ver·si·ty n. pl. mul·ti·ver·si·ties A university that has numerous constituent and affiliated institutions, such as separate colleges, campuses, and research centers. of this product and the real fact that this is the beginning of a trend which will revolutionize the banking industry," offered DataTreasury Chairman Claudio Ballard. "It's not only a very cost-effective product, but very secure. Businesses and consumers alike are going to love it." Signature Bank's Director of Cash Management Gerard Magaldi commented that the Bank had been seeking just such an innovative product for quite some time to add functionality to their lineup of cash management services. "eImageVault opens up new opportunities and markets for us. It is a way we can improve and add value to the Signature client experience. " About Data Treasury Corporation DataTreasury Corporation (www.datatreasury.com), founded in 1998, is a Melville, Long Island, New York-based company at the forefront of ensuring private, secure transactions worldwide. DataTreasury's patented eCheckVault(TM) system enhances existing check processing solutions, while allowing the growth of a complete online transaction strategy. This technology is applicable in virtually all market sectors. About Bank Hapoalim, B.M. Bank Hapoalim, Israel's largest bank based in Tel Aviv Tel Aviv (tĕl əvēv`), city (1994 pop. 355,200), W central Israel, on the Mediterranean Sea. Oficially named Tel Aviv–Jaffa, it is Israel's commercial, financial, communications, and cultural center and the core of its largest , serves the nation's corporate community and retail market in virtually every area of banking. Founded in 1921 and with over $52 billion in assets, it is the only Israeli bank listed on both the London and Tel Aviv Stock Exchanges Tel Aviv Stock Exchange Israel's only stock exchange. . The bank has 29 branches, subsidiaries and offices in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. and Europe in addition to 329 branches in Israel. As a full-service financial institution, Bank Hapoalim, with its extensive global resources and experienced local presence is committed to personalized client service. In keeping with this commitment, Bank Hapoalim expanded its reach in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. with the launch of Signature Bank and Signature Securities in 2001. |
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