MI Marshall & Ilsley Corp

M&I Marshall & Ilsley Bank Selects Advanced Financial Solutions to Offer Distributed Capture Software MILWAUKEE, Oct. 18 /PRNewswire-FirstCall/ -- M&I Marshall & Ilsley Bank (M&I) has partnered with Advanced Financial Solutions (AFS) to market a Distributed Capture solution, which allows for check image capture and electronic deposit of remittances. Within the Distributed Capture suite of products, M&I will offer merchant capture to commercial clients. Merchant Capture will include a small desktop scanner linked to a PC running image capture software at the customer's location, most likely in a back office. Customers will be able to capture front and back check images, along with MICR information. The check deposit information will be keyed, balanced and verified to confirm that the total amount scanned matches the expected deposit amount. Image quality assessment software is utilized to verify the quality and usability of the images created prior to the customer transmitting the images and data electronically to a centralized location where additional quality checks and verifications will be performed. "We are very excited to offer this new technology to our corporate customers," said Gina A. Peter, senior vice president, M&I Marshall & Ilsley Bank. "Companies and banks that adopt Distributed Capture technology will benefit from improved collection speed and reduced courier costs," added Peter. "Customers will also have more flexibility in how frequently they deposit items and will enjoy an extended processing window that allows them to make deposits later in the day." About M&I Marshall & Ilsley Bank M&I Marshall & Ilsley Bank is an affiliate of Marshall & Ilsley Corporation (NYSE:MI), a diversified financial services corporation headquartered in Milwaukee, Wis., with $39.0 billion in assets. Founded in 1847, M&I Marshall & Ilsley Bank has the largest banking presence in Wisconsin with 197 offices throughout the state. In addition, M&I has 32 locations throughout Arizona; 11 offices in metropolitan Minneapolis/St. Paul, Minn.; and, locations in Duluth, Minn.; Las Vegas, Nev.; and, Naples and Bonita Springs, Fla. M&I's Southwest Bank affiliate has six offices in the St. Louis area and one office in Belleville, Ill. Metavante Corporation, Marshall & Ilsley Corporation's wholly owned technology subsidiary, provides virtually all of the technology an organization needs to offer financial services. M&I also provides trust and investment management, equipment leasing, mortgage banking, asset-based lending, financial planning, investments, and insurance services from offices throughout the country and on the Internet ( http://www.mibank.com/ or http://www.micorp.com/ ). M&I's customer-based approach, internal growth, and strategic acquisitions have made M&I a nationally recognized leader in the financial services industry. About Advanced Financial Solutions Founded in 1992, Advanced Financial Solutions, a Metavante company, has delivered high-quality image-based check processing solutions to the financial services industry. AFS was one of the first companies to offer image and item processing technology based on the Microsoft Windows operating platform. All AFS check imaging solutions are designed from the ground up with the functionality that banks and remittance processors need for operating in a high capacity transaction-based environment. Based in Oklahoma City, AFS became a wholly owned subsidiary of Metavante Corporation on July 1, 2004. Visit AFS on the Web at http://www.afsimage.com/ . DATASOURCE: Marshall & Ilsley Corporation CONTACT: Patty Cadorin of Marshall and Ilsley Corporation, +1-414-765-7814 Web site: http://www.afsimage.com/ http://www.mibank.com/ http://www.micorp.com/

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