WASHINGTON -- A new Federal law allowing for all-electronic check transaction processing promises to make having reliable and secure network services even more of a necessity going forward. On Oct. 28 ...
Too often solving one problem creates others. Take Check 21. By allowing check conversion to electronic form the sensible idea was to reduce costs and speed processing. The problem is that with ...
IBM and Viewpointe Archive Services LLC said yesterday they will jointly build a national system for banks to store and access billions of digital images of checks and other data to aid in the ...
On March 16, food retailers will be able to start using a new mechanism for processing checks that promises greater efficiencies and cost savings than traditional methods. Called back-office ...
Stability has long since been treasured in finance but now we see disruption ...
It is two days before payday and you are almost out of gas. To pay for it, you write a check. You hope it takes two or three days before it hits your bank, and by then, your paycheck will be deposited ...
The surging popularity of lockbox check conversion is accelerating the decline in paper check volumes and has prompted the Federal Reserve banks to lower their 2004 check processing projections.
For Carol Sabasteanski, the holidays mean loads of paperwork, and not of the gift-wrapping variety. Sabasteanski is president and CEO of FISC Solutions, which provides financial and organizational ...