The Bankers Bank Begins Live Processing with New Endpoint Exchange X9 Express Direct

Oklahoma City, July 22, 2008 - Endpoint Exchange LLC, a Metavante company and leading national check image exchange provider, today announced that The Bankers Bank (TBB) and its regional community client banks have begun live processing with X9 Express Direct, the new Web-based, hosted service for X9.37 check image exchange and file transfer.

TBB, headquartered in Oklahoma City, handles correspondent banking services for over 240 banks throughout the region. For the past 22 years, TBB has invested in technology and innovation to help community banks run their back-office and IT operations with the most advanced products and competitive pricing. These strategic investments now include check image exchange services. 

On May 8, 2008, TBB and several of its client banks began live processing with the new Endpoint Exchange X9 Express Direct hosted check image exchange and file transfer service. X9 Express Direct provides TBB and its community banks with a safe, convenient, low-cost point of entry for check image exchange services via a secure File Transfer Protocol (FTP).

“As a hosted solution, Endpoint Exchange X9 Express Direct delivers ease of deployment with no dedicated client station or VPN router needed on-site at the bank,” said Mark Keeling, chief operating officer, The Bankers Bank. “This creates a very economical image exchange entry point for TBB and our correspondent banks across Oklahoma.”

“We have seen an increasing demand for cost-efficient and easy-to-deploy image exchange services from community banks across the country,” said Jim Fancher, general manager, Endpoint Exchange, LLC. “Endpoint Exchange X9 Express Direct delivers the infrastructure for cost-efficient connectivity and business continuity for check image exchange to the community banking market, all within a hosted, Web-based package.”

Endpoint Exchange is a leading electronic check image exchange provider for the financial services industry, serving a diverse group of the country’s leading financial institutions, check imaging software developers and image-item processing outsourcers.  Since 2002, Endpoint Exchange has assumed an active role in the forging of new standards and in setting industry direction to optimize image exchange for all financial institutions. Endpoint Exchange has advanced its market leadership position by establishing system connectivity for the electronic exchange of check data and images with the other premier national check image exchange networks that process millions of items per day.

About The Bankers Bank
The Bankers Bank exists for one reason: to provide the highest quality of correspondent services to community banks. The unique ownership of 88 community banks with no majority shareholders gives them the ability to offer these services at a reasonable cost and oversee the high level of service in each area. The Bankers Bank was chartered in August 1985 and opened for business on May 28, 1986.

About Endpoint Exchange
Endpoint Exchange enables U.S. financial institutions to clear their check-based transactions by exchanging check images between member institutions. Endpoint Exchange (www.endpointexchange.com) is the country’s first electronic check-clearing network that capitalizes on existing imaging infrastructure and settlement relationships, with the interoperability to connect to every endpoint in the nation. Metavante Corporation (www.metavante.com) is a leading provider of image-based check processing and distributed image-capture solutions, which include Endpoint Exchange. Metavante delivers banking and payment technologies to financial services firms and businesses worldwide.