Eastern Bank joins SVPCO Image Payments Network

It has been announced that Eastern Bank is now connected to the SVPCO Image Payments Network. 

Eastern Bank is using the SVPCO Gateway DTA to connect the network, which is safe and low-cost. The connection is Internet-based, and it makes linking to the SVPCO Image Payments Network and exchanging check images very easy for the companies.

Commenting on the news Bob Murray, Senior Vice President of Eastern Bank highlighted that SVPCO Image Payments Network will help Eastern Bank to switch “check processing operations from paper to electronic payments," and provides a “terrific opportunity to minimize costs and streamline” company performance.

Eastern Bank became the 44th institution connected to the SVPCO Image Payments Network. Yet, the Network can reach more than 10,000 endpoints.

Eastern is the largest independent, mutually owned commercial banking franchise in New England. 
The Clearing House carries payment systems infrastructure and holds forums for the U.S. banking industry.