NEW YORK — Metavante's Endpoint Exchange, LLC, and SVPCO–Electronic Clearing Services, the electronic check and check image exchange business of The Clearing House Payments Company LLC, announced that member financial institutions of both systems can now exchange check data and images.
The agreement brings together the nation's two largest check image exchange systems. Endpoint Exchange serves more than 4,000 community banks and mid-tier financial institutions across the country. SVPCO Image Payments Network works with the nation's largest financial institutions, and through its relationship with the Federal Reserve, reaches more than 10,000 endpoints.
"The connection between Endpoint Exchange Network and the SVPCO Image Payments Network represents a new day for the payments industry by making check image exchange a more viable strategy for all financial institutions," said Susan Long, senior vice president of The Clearing House, responsible for SVPCO-Electronic Clearing Services. "By working cooperatively, both networks are making it easier for financial institutions to reduce the costs and risks associated with paper checks."
Recommended For You
Through March, participants in the SVPCO Image Payments Network include Bank of America, BB&T, Comerica Bank, Fifth Third Bank, First-Citizens Bank, HSBC Bank, Huntington National Bank, JPMorgan Chase Bank, KeyBank, LaSalle Bank, M&T Bank, National City Bank, PNC Bank, Sterling National Bank, Union Bank of California, U.S. Bank, Wachovia Bank and Wells Fargo Bank.The SVPCO Image Payments Network can reach more than 10,000 endpoints through its relationship with the Federal Reserve and can help financial institutions of all sizes take advantage of image exchange.
Endpoint Exchange describes itself as 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.
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
