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Press Release
Bank of Cape Cod Selects Diebold Imageway® Solutions to Offer Remote Deposit Services to its Customers
Global leader in imaging services offers remote image capture to decrease processing costs
NORTH CANTON, Ohio – Diebold, Incorporated (DBD: NYSE), the global leader in integrated self-service delivery and imaging services, today announced that Bank of Cape Cod has selected and implemented Diebold’s ImageWay® Remote solution as the offering of choice for its merchant and corporate customers, allowing them the ability to make check deposits from the convenience of their own offices.
“As Cape Cod's only locally owned commercial bank, we take pride in being part of the Cape's growing business community, and in providing the best in banking service to our customers,” said Tim Telman, president and chief executive officer, Bank of Cape Cod. “Being able to provide remote deposit capabilities to our customers with the solid image-capture technology that Diebold ImageWay delivers is exactly the kind of value our customers can expect from us.”
ImageWay Remote is a secure browser-based, thin-client system ideally suited for corporate and merchant sites. Using ImageWay Remote, check items are scanned, converted to images and transmitted via a secure Web interface for final validation and processing. Benefits to commercial clients include faster funds availability, improved timing of bank deposits, reduced courier and fraud costs, and improved internal reporting capabilities.
”By bringing these types of comprehensive imaging solutions to financial institutions, Diebold continues to help our customers address the challenges they face,” said Rob MacMahon, senior vice president of business development for the Diebold ImageWay solution. “The added benefits that banks see with a remote deposit offering allow them to not only attract and retain clients, but also to strengthen their relationships with corporate customers. The Diebold ImageWay solution for remote deposit capture is the next generation in this type of technology. It has lowered the cost significantly for community banks to offer big-bank type services to their local communities.”
About Bank of Cape Cod
Bank of Cape Cod is a state chartered, FDIC insured commercial bank, headquartered in Hyannis, Mass., dedicated to meeting the banking needs of the region’s local businesses and private individuals. It offers unparalleled personal service from financial professionals who are both accessible and responsive to customer requirements. Its management team has more than 60 years of banking experience on the Cape. It understands the unique challenges and opportunities of living on this famous peninsula. For more information, please visit its Web site at http://www.bankofcapecod.com/
About Diebold
Diebold, Incorporated is a global leader in providing integrated self-service delivery and security systems and services. Diebold employs more than 15,000 associates with representation in nearly 90 countries worldwide and is headquartered in North Canton, Ohio, USA. Diebold reported revenue of $2.9 billion in 2006 and is publicly traded on the New York Stock Exchange under the symbol “DBD.” For more information, visit the company’s Web site at www.diebold.com.
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