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Viewpointe the nation's leading provider of check image exchange and archive services, today released its latest check clearing volumes.
(Viewpointe Archive Services LLC, 10/01/2007)
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Wachovia today announced the opening of a remote check image capture site in Korea.
(Wachovia, 09/28/2007)
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Almost a decade after the State Street and AT&T decisions, it is fair to say that the American financial services sector is reaching the end of the beginning in its adaptation to business method patents.
(Working Papers Research Department, 09/18/2007)
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Canada's banks are battling a U.S. patent-holding company over the rights to an everyday back-office process worth billions of dollars a year.
(Canada.com, 09/15/2007)
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When I started my career in this industry 22 years ago, banks had made the transition from ledger cards to "real" computers and the focus was on delivering technology to make the overall process faster.
(Bank Technology News, 09/15/2007)
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SVPCO - Electronic Clearing Services, the electronic check and check image exchange business of The Clearing House Payments Company L.L.C., today said that monthly image items and dollar volume again set all-time highs in August.
(Electronic Clearing Services, 09/13/2007)
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While the task of outfitting a bank with the technology necessary to meet Check 21's requirements may seem daunting, many banks haven't yet considered the positive financial impact these upgrades can have on their bank's business.
(ATMMarketplace.com, 09/11/2007)
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Pertech Resources, Inc., the leading provider of innovative and cost-effective solutions to the financial industry, is announcing the release of the Series 6100 check imaging scanner for remote deposit capture applications.
(Pertech Resources, Inc., 09/07/2007)
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Adoption of remote deposit capture (RDC) solutions among financial institutions has been extremely swift and broad based. With over 4,000 financial institutions expected to have launched RDC products by the end of 2007, RDC represents the most rapidly adopted technology in US financial services history.
(Celent, 09/06/2007)
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While remote deposit capture (RDC) remains the domain of large banks, recent rapid growth in the technology suggests smaller banks and application service providers (ASPs) will soon become major players as well, according to Bob Meara, senior analyst in the banking group at Boston's Celent LLC.
(BAI Banking Strategies, 08/30/2007)
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NetDeposit, the leader in innovative check payment technologies and services, announced today that Sparks, Nevada-based Farm Bureau Bank has selected NetDeposit as its provider of Remote Deposit Capture (RDC) services.
(NetDeposit, Inc., 08/28/2007)
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Remote Deposit Capture is dramatically changing the payments landscape. Affordable and competent technologies combined with new regulations and legislation have given rise to unprecedented opportunities, risks, capabilities and competition.
(RemoteDepositCapture.com, 08/23/2007)
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RemitPro, Inc. and Vanco Services, LLC today announced an agreement under which mutual customers will use RemitPro's eRemitPro software to capture check images and data, which will then be sent to Vanco for processing and settlement.
(RemitPro, Inc., 08/22/2007)
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Panini is continuing to lead the distributed capture industry with innovative, world-class payment solutions for financial institutions and their customers.
(Panini North America, Inc., 08/21/2007)
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USA ePay, a GorCorp company, today announced the launch of DEFT Deposit, a suite of check processing solutions. USA eCheck will first offer an array of DEFT Deposit's ACH debit options and soon add Remote Deposit Capture and Fax Deposit.
(USA ePay, 08/20/2007)
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Wachovia's Treasury Services division today announced it has reached the $1 billion mark in Remote Deposit Capture (RDC) volumes processed in one day.
(Wachovia, 08/20/2007)
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SVPCO - Electronic Clearing Services, the electronic check and check image exchange business of The Clearing House Payments Company L.L.C., today said that monthly and daily average check items and dollar value set all-time highs in July.
(SVPCO, 08/15/2007)
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BancTec Inc., a global provider of advanced, high volume image capture, payment processing, and infrastructure support solutions, announced today that it has integrated CheckFree's Source Capture Suite/Web Capture solution into its PayCourier(R) payment processing solution under the terms of an original equipment manufacturer agreement.
(CheckFree, 08/13/2007)
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CTS North America, a leader in banking automation for check processing, cash processing, and card embossing and printing, is introducing a high-speed color check and document processing scanner at The Association for Work Process Improvement’s TAWPI 2007 Forum & Exposition.
(CTS , 08/13/2007)
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Orbograph Ltd., in cooperation with its value added reseller AudioTel Corporation, announced today that Arizona Lockbox & Fulfillment has begun production testing of Orbograph's Key-Pay Convene for business process outsourcing (BPO) of data entry.
(AudioTel', 08/12/2007)
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Mitek Systems, Inc. announces a new Service-Oriented Architecture (SOA) which enables payment processing and other imaging application vendors and integrators to more productively tap the industry’s most accurate and comprehensive line of recognition and fraud-detection technologies.
(Mitek Systems, Inc., 08/09/2007)
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Since March of 2007, WAUSAU has been selected to replace incumbents as the web-based remote capture strategy at five of the top 50 largest banks, expanding its customer portfolio with significant competitive replacement business.
(WAUSAU, 08/09/2007)
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LendingTools.com, a leading application service provider (ASP) for correspondent and community financial institutions, announced today that Arkansas Bankers’ Bank has licensed the rights to become a Community Host for the OnWe Network® created by LendingTools.com.
(LendingTools.com, 08/06/2007)
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The Bank Systems & Technology article, “Remote Deposit Capture Rollouts Not Very Numerous” (July 20, 2007) puts forth the concept that RDC Rollouts are not very numerous and that banks are not being very aggressive.
(RemoteDepositCapture.com, 08/02/2007)
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Despite the hype, banks are not approaching remote deposit capture (RDC) with the fervor many believed existed, two recent reports indicate. Rather than aggressively push RDC to attract new customers, banks' RDC-related strategies are largely focused on retaining existing customers, say experts.
(Bank Systems & Technology, 08/02/2007)
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Bank Up Corporation, a leading provider of payments solutions to financial institutions, today announced performance statistics for the first six months since the inception of its Remote Corporate Capture solution.
(Bank Up Corporation, 08/01/2007)
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Eastern Corporate Federal Credit Union (EasCorp) announced it is piloting a new Consumer Deposit Capture program, which allows consumers and small businesses to electronically scan checks and send them to their credit unions for collection.
(EasCorp, 08/01/2007)
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RDM Corporation, a leading provider of specialized software and hardware products for electronic payment processing, today reported its financial results for the three month period ended June 30, 2007.
(RDM Corporation, 07/27/2007)
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Bank of America Corp.’s announcement this week that more than one-fifth of its deposit-taking ATMs now image checks—and thus don’t require deposit envelopes—shows that so-called envelope-less ATMs are starting to catch on with consumers, says an expert observer.
(DigitalTransactions.net, 07/25/2007)
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Alogent Corp., a leading provider of enterprise deposit automation technologies for global financial institutions and processors, today announced it has reached an important company milestone by signing its 1,000th customer.
(Alogent Corporation, 07/24/2007)
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CheckFree Corporation (Nasdaq: CKFR - News) today announced it has integrated Source Capture Suite/Web Capture, provided by its Carreker subsidiary, with its CheckFree® PEP+ reACH(TM) check conversion and automated clearinghouse (ACH) payments solution.
(CheckFree Corporation, 07/23/2007)
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LendingTools.com, a leading application service provider (ASP) for correspondent and community financial institutions, announced today that Bankers' Bank Northeast licensed the rights to become a Community Host for the OnWe Network® created by LendingTools.com.
(LendingTools.com, Inc., 07/23/2007)
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Though still growing in volume from month to month, substitute checks now account for only about one-third of total image-exchange traffic between banks, according to the latest industrywide data.
(DigitalTransactions.net, 07/16/2007)
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SVPCO - Electronic Clearing Services, the electronic check and check image exchange business of The Clearing House Payments Company L.L.C., today said that monthly average check items and dollar value reached all-time highs in June.
(The Clearing House Payments Company, 07/12/2007)
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The U.S Patent and Trademark Office has upheld substantially all of the claims contained in a key patent held by DataTreasury Corp. that covers processes related to check image exchange.
(DigitalTransactions.net, 07/10/2007)
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After years of steadily reducing the number of offices processing checks, the Federal Reserve Banks announced on Tuesday they plan to have just four regional centers providing paper check processing services by March 2011.
(DigitalTransactions.net, 06/27/2007)
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Global independent research and advisory firm Financial Insights, an IDC company, published today its most recent forecast of check processing trends in the U.S., U.S. Check 2007-2011 Transaction Forecast and Analysis: Image Takes Over.
(Financial Insights, 06/26/2007)
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Should check imaging be installed at the teller counter or back office? That’s the question for retail banks as they begin implementing deposit capture technology on the front line. And the answer, according to a panel of experts, depends on the bank’s — or even individual branch’s — mix of business.
(BAI Banking Strategies, 06/20/2007)
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NetDeposit, Inc., the leader in innovative check payment technologies and services, announced it has been awarded two new patents, Nos. 7,181,430 and 7,216,106, from the United States Patent and Trademark Office (USPTO) for the processes and technologies involved in remote electronic presentment of all types of checks.
(NetDeposit, Inc., 06/18/2007)
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Digital Check Corp., a leading provider of electronic check scanners for the distributed check capture industry, announced that iStream Imaging., successfully implemented its 1000th active remote deposit capture customer using Digital Check's TellerScan® devices.
(Digital Check Corp., 06/14/2007)
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In 2005, Southern Commercial Bank in St. Louis was looking into the future. They are an aggressive ten location community bank in the St. Louis and adjoining Jefferson County areas, with a major business lending portfolio and a strong retail presence. They planned to actively promote remote deposit capture.
(BLM Technologies, 06/11/2007)
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Citibank announced today the introduction of a new electronic deposit service for its commercial business clients. The service, Citibank Remote Check Deposit, will allow clients to deposit checks into their bank accounts without taking them to a branch or mailing in the items.
(Citibank , 06/07/2007)
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In an era in which billions of dollars flow digitally through the world's financial networks, the lowly cheque seems a quaint anachronism.
(Canadian Business Magazine, 06/07/2007)
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Electronic Clearing Services, the electronic check and check image exchange business of The Clearing House Payments Company L.L.C., today said that monthly average check items and dollar value reached all-time highs in May.
(The Clearing House Payments Company, 06/07/2007)
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Remote deposit capture, already a hot product in electronic payments, is poised for explosive growth, according to a report released this week.
(DigitalTransactions.net, 06/07/2007)
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The National Clearing House (NCHA), the single largest settler of clearinghouse check and image volume in the United States, reached a new image exchange milestone in May, settling more than 200 million image items for the month.
(National Clearing House, 06/06/2007)
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Viewpointe, the nation's leading provider of check image exchange and archive services, today joined forces with the National Clearing House Association (NCHA) to announce a new settlement exchange for check image exchange.
(Viewpointe Archive Services LLC, 06/05/2007)
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VSoft Corporation announced at the CUNA America’s Credit Union Conference & Expo its successes in the credit union industry, including installations with 14 corporate credit unions and leagues, reaching more than 6000 credit unions across the nation.
(VSoft Corporation, 06/05/2007)
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PowerPay, one of the nation’s leading credit card processing companies has recently selected FISC, Maine’s largest payment processing company, to provide remote check deposit services to its clients.
(FISC, 05/30/2007)
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Unisys Corporation today announced it will design and help implement a new electronic check and image processing system in a consulting, software and hardware agreement with the Federal Reserve Bank of Cleveland, acting on behalf of the 12 Federal Reserve Banks.
(Unisys, 05/30/2007)