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January
30, 2002
Data
Treasury Signs Agreement With Israel-Based Bank
DataTreasury
Corporation has
finalized an agreement with Bank Hapoalim B.M. of Israel and its
subsidiaries for use of DataTreasury's eImageVault. The product is an
extension of the eCheckVault check image platform, and will enable Bank
Hapoalim subsidiary Signature Bank to transmit, store, receive, and
retrieve archived checks and payment coupon transactions. The bank will
also be able to receive and retrieve other financial and commercial
transaction data using DataTreasury's patented global repository system.
"This
business relationship continues to underscore what we have been saying
about the multiversity 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." The system
enhances existing check processing solutions, while enabling the growth
of a complete online transaction strategy. It is applicable in virtually
all market segments.
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