DETROIT, Sept. 14 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) today announced the successful launch of a new service for business customers that provides a secure site where information can be easily stored and quickly shared. With Comerica Data Vault, business customers can transfer and exchange files with optimal security, but without the added cost. The announcement was made by Daniel J. McCarty, senior vice president and officer- in-charge of Treasury Management Services for Comerica.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010807/CMALOGO )
"Our data vault takes information exchange to the next level," said McCarty. "Businesses that rely on software, encryption, couriers, faxes or other applications should realize immediate benefits from our new service, such as a reduced dependence on IT resources and operational support. In an environment where information fraud, theft and leakage are on the rise, solutions like data vault can help minimize the business risk."
Comerica Data Vault is easy to set up and simple to use, and expedites the transfer and exchange of files, such as those associated with Lockbox, Automated Clearing House (ACH), Account Reconcilement Processing (ARP) and check imaging, among others.
The Comerica Data Vault utilizes Cyber-Ark Software Inc.'s patented vaulting technology.
"Customers who have added Comerica Data Vault to their existing suite of services agree that it represents the new standard for secure electronic information sharing," McCarty added. "As the business bank of choice, we are proud of our continuing ability to make it work for them."
About Comerica
Comerica Incorporated is a financial services company headquartered in Detroit, strategically aligned into three major lines of business: the Business Bank, Small Business & Personal Financial Services, and Wealth & Institutional Management. Comerica focuses on relationships and helping businesses and people to be successful. To receive e-mail alerts of breaking Comerica news, go to http://www.comerica.com/newsalerts .
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20010807/CMALOGOPRN Photo Desk, photodesk@prnewswire.com
SOURCE: Comerica Incorporated
Web site: http://www.comerica.com/