Carreker Image Software for Wells Tellers

American Banker, February 9, 2005

Following are excerpts taken from the February 9, 2005 edition of American Banker.

Wells Fargo & Co. of San Francisco will use Carreker Corp. software to capture check images at 3,300 branches, Carreker said Tuesday.

The software, Source Capture Branch OTC, will enable tellers to capture images of checks as soon as they are presented for deposit by customers.

"We are furthering our commitment to end-to-end image-enablement in preparation for reaping the benefits of image exchange," said Wayne Mekjian, an executive vice president at Wells, said in Carreker's press release.

Wells uses other Carreker software extensively in its check-imaging operations. Last August it licensed the Dallas company's products to analyze image quality and to produce substitute checks and image statements.