-
Brink's U.S., a division of Brink's Incorporated and Metavante Corporation, the technology subsidiary of Marshall & Ilsley Corporation, announce the launch of Metavante's Sendpoint distributed image capture service to Brinks' cash vaults across the country.
(Metavante Corporation, 05/17/2007)
-
SVPCO, the check image and paper check business of The Clearing House Payments Company L.L.C., today said that its average daily check image items and dollar value exceeded its paper check items and dollar value for the first time in its history.
(The Clearing House, 05/15/2007)
-
Alogent Corp., a leading provider of enterprise payment transaction processing solutions for global financial institutions and processors, today announced that sales for its Sierra® software platform reached record levels throughout 2006 and into 2007.
(Alogent Corporation, 05/15/2007)
-
Though many consumers have adopted online bill payment and have sharply reduced the amount of checks they write, businesses are still writing checks for most of their purchases.
(RemitPro, Inc., 05/15/2007)
-
Though many consumers have adopted online bill payment and have sharply reduced the amount of checks they write, businesses are still writing checks for most of their purchases.
(RemitPro, Inc., 05/15/2007)
-
The financial services industry hit a watershed moment as Viewpointe, the nation's leading provider of check image services, announced it has reached 100 billion check images in its archive.
(Viewpointe Archive Services LLC, 05/14/2007)
-
Fiserv, Inc. announced today that its electronic banking business unit, BANKLINK was named Best-in-Class Cash Management Solution Offered by a Core Banking Provider and Best in Class for Largest Increase in Number of New Client Deployments for 2005-2006 in the Aite Group’s April 2007 report.
(Fiserv , 05/14/2007)
-
The back-office conversion e-check code has been live for nearly two months now, and, as many predicted with its March 16 debut, it came in like a lamb. There have been few, if any, high-profile product launches or other splashy events associated with the new automated clearing house payment option.
(DigitalTransactions.net, 05/08/2007)
-
An early pioneer of check electronification, Frost Bank Senior Executive Vice President Gary McKnight has helped set the institution on its way to full image exchange.
(Bank Systems & Technology, 05/08/2007)
-
SVPCO - Electronic Clearing Services, the electronic check and check image exchange business of The Clearing House Payments Company L.L.C., today said that daily average check image volume rose 14.4% to 9.2 million items in April, an all-time high.
(The Clearing House, 05/07/2007)
-
Total image-exchange volume quintupled in the 12 months through March, while the percentage of items clearing at paying banks as images rather than as paper substitute checks grew to 64% from 36%, according to the most recent statistics compiled by the Electronic Check Clearing House Organization.
(DigitalTransactions.net, 05/07/2007)
-
Section 16 of the Check Clearing for the 21st Century Act of 2003 directs the Board of Governors of the Federal Reserve System to study and report on the law’s effects on the nation’s check-collection system and to assess the need for modifications to the funds-availability requirements established in the Expedited Funds Availability Act
(www.FederalReserve.Gov, 05/03/2007)
-
A Supreme Court ruling that appears to rein in the ability of certain technology patent holders to press their claims against alleged infringers is likely to have little or no impact on what has been a highly effective enforcement campaign by a company that holds patents bearing on check imaging, a spokesman for the company, DataTreasury Inc. says
(DigitalTransactions.net, 05/02/2007)
-
Many articles and press releases have come out in the past few months with a great story to tell: Remote Deposit Capture is providing positive tangible results. In fact, this quarter alone, over 20 banks have mentioned the positive impact of Remote Deposit Capture in their quarterly earnings statements.
(RemoteDepositCapture.com, 04/26/2007)
-
For years, bankers have been looking for ways to bring their business customers into the branch. The thinking: Regular face-to-face time helps cement the bank-client relationship and creates opportunities for cross-selling of other products and services.
(The Atlanta Journal-Constitution, 04/25/2007)
-
Bolstered by its recent acquisition of Carreker Corp., CheckFree Corp. is working on a product that will allow banks to view and manage both check and automated clearing house data in one integrated file
(DigitalTransactions.net, 04/24/2007)
-
Endpoint Exchange LLC, a Metavante company, and SVPCO - Electronic Clearing Services, the electronic check and check image exchange business of The Clearing House Payments Company LLC, today announced that member financial institutions of both systems can now exchange check data and images.
(The Clearing House, 04/18/2007)
-
RDM Corporation, a leading provider of specialized software and hardware products for electronic payment processing, and Epson, a leading supplier of value-added banking solutions, announced today at the NACHA Payments 2007 Conference the Epson CaptureOne. batch check scanner - powered by RDM.
(RDM Corporation, 04/16/2007)
-
BANKLINK, a business unit of Fiserv, Inc (NASDAQ: FISV), a leading provider of information technology services to the financial services industry worldwide, today announced extraordinary growth in 2006 with 200 new customers using the Remote Deposit and Automated Clearing House (ACH) Conversion solutions.
(BANKLINK, 04/13/2007)
-
WAUSAU customers continue to lead the industry in ARC (Accounts Receivable Conversion) generation, processing over 35 percent of the more than 2.1 billion ARC transactions generated in 2006.
(WAUSAU , 04/11/2007)
-
SVPCO - Electronic Clearing Services, the electronic check and check image exchange business of The Clearing House Payments Company L.L.C., today said that the total number of check images and the dollar value hit an all-time high in March.
(The Clearing House, 04/09/2007)
-
Image exchange volume settled through the National Clearing House (NCHA) reached an all-time high, exceeding one half billion items for first quarter 2007.
(NCHA, 04/09/2007)
-
Total numbers are still small, but the rate at which business customers are moving to remote deposit service makes it look like the hottest idea since compound interest.
(04/05/2007)
-
Are these the salad days for image exchange? A lot of industry observers think so. Volume growth is well above even optimistic expectations. For the first time in the Check 21 era, image-cleared checks have exceeded substitute items, and are expected to surpass paper-check volume by the end of the year.
(Bank Technology News, 04/04/2007)
-
The business outlook for community banks seems to get murkier by the day. Deposits are declining, spreads on loans are thinning, and the mortgage boom is kaput.
(Bank Technology News, 04/03/2007)
-
This article from the most recent edition of The Puget Sound Business Journal highlights one of the - if not the - greatest risks to a bank from the use of "remote deposit capture" (RDC): customer fraud.
(The Puget Sound Business Journal, 04/02/2007)
-
Fiserv, Inc. continues to drive the industry in the development of image-based clearing systems - surpassing 600 clients for its Fiserv Clearing Network (FCN) and more than 30 million monthly electronic transactions for its Virtual Item Exchange solution.
(Fiserv, Inc., 04/02/2007)
-
WAUSAU announced today that First National Bank of Omaha (FNBO), a division of First National of Nebraska has chosen WAUSAU as its key solutions provider for industry-leading lockbox, remote capture and branch capture solutions.
(WAUSAU, 04/02/2007)
-
Remote deposit capture has become an "essential survival strategy" for many community banks, a factor that will contribute to widespread adoption of the technology by the end of 2008, according to a new study by the Washington, D.C.-based American Bankers Association (ABA).
(Bank Systems & Technology, 04/02/2007)
-
Over the past 30 years, electronic payments have been processed through the Automated Clearing House (ACH) system safely, securely and privately. Due to the costs involved in processing a check payment, many businesses are transitioning from paper payments to ACH payments.
(www.BitsInfo.org, 03/30/2007)
-
Digital Check Corporation announced the availability of certified USB device drivers for its TellerScan® check scanners for all 32-bit versions of Microsoft's recently released Vista operating system.
(Digital Check Corporation, 03/28/2007)
-
Fiserv, Inc. the nation’s largest third-party check processor, announced today it is now exchanging checks with Bank of America (NYSE:BAC), through Viewpointe, the leading provider of check image exchange and archive services in the United States.
(Fiserv, Inc., 03/28/2007)
-
eGistics, Inc. today announced that it has been awarded a master services agreement by Fidelity National Information Services, Inc. (FIS) to provide the company with tailored, on-demand image and data archive, management and delivery services
(eGistics, Inc, 03/27/2007)
-
Silver Bullet Technology announced today the release of Scout™, a groundbreaking new product for the remote monitoring of check scanner productivity.
(Silver Bullet Technology, Inc., 03/22/2007)
-
The Financial Services Technology Consortium (FSTC) announced today it has completed the Camera Calibration project whose main goal was to understand the key drivers of differences between imaging systems.
(FSTC, 03/19/2007)
-
Digital Check Corporation announced that its TellerScan® line of check scanners is fully compliant with the industry standards for image consistency developed in the recently completed Financial Services Technology Consortium’s (FSTC) Camera Calibration project and exceeds these standards in a number of critical areas.
(Digital Check Corporation, 03/19/2007)
-
A majority of organizations are victims of payments fraud and the incidence of fraud continues to climb, according to a study released by the Association for Financial Professionals (AFP).
(AFP, 03/16/2007)
-
Today, the much-heralded back-office conversion electronic-check code goes live on the automated clearing house network. But rather than throw a huge birthday party, executives of the ACH’s governing body, NACHA—The Electronic Payments Association, and banks are marking BOC’s debut in a decidedly low-key manner.
(DigitalTransactions.net, 03/16/2007)
-
Goldleaf Financial Solutions, Inc., a provider of a suite of technology-based products and services to community financial institutions, today announced the acquisition of Dallas-based Community Banking Systems (CBS).
(Goldleaf Financial Solutions, Inc., 03/14/2007)
-
Image exchange and image clearing kicked into a higher gear in January, with more than half a billion items flowing through image-exchange networks for the first time.
(DigitalTransactions.net, 03/14/2007)
-
The results of the 2007 ABA Banking Journal Community Bank Competitiveness Survey revealed something which was of no surprise to those of us here at RemoteDepositCapture.com, but will likely be a wake-up call to any bank that hasn't already implemented Remote Deposit Capture.
(ABA Banking Journal, 03/13/2007)
-
Join Carreker Corporation for an interactive discussion about how banks can quickly address the legal and fraud aspects of their remote deposit relationship in order to minimize the risk and to maximize the opportunities.
(Carreker Corporation, 03/12/2007)
-
Back Office Conversion (BOC), the newest form of check conversion, becomes available in the marketplace on Friday, March 16, 2007 with the effective date of NACHA’s rules.
(ACH Network, 03/12/2007)
-
SVPCO-Electronic Clearing Services, the electronic check and check image exchange business of The Clearing House Payments Company L.L.C., today said that total number of check images transmitted in February set a new record and increased more than 600% compared to a year ago.
(The Clearing House, 03/08/2007)
-
NetDeposit, Inc. (www.netdeposit.com), the leader in innovative check payment technology, announced the availability of two new products that have the potential to contribute to the expanded adoption of Remote Deposit Capture.
(NetDeposit, Inc., 03/06/2007)
-
Wells Fargo & Company (NYSE: WFC - News) will become the first financial institution in the U.S. to provide Back Office Conversion (BOC) to its business customers through multiple depository channels when new electronic check processing rules take effect March 16.
(Wells Fargo & Company, 03/06/2007)
-
It used to be that if a small bank wanted to grow, it had to acquire another bank or open new branches. Now, a little black box may help small banks compete with larger banks, analysts say.
(ContraCostaTimes.com, 03/05/2007)
-
Some 16% of community banks offer remote deposit capture of checks to business customers, and nearly one-third of these say they have adopted the electronic check technology as “an essential survival strategy,” according to a survey released on Monday by the American Bankers Association.
(DigitalTransactions.net, 02/19/2007)
-
Unisys Corporation today announced the Unisys WebSourceNDP, a new generation of scanner for checks and other payment items that enhances payment security by reducing the risk from fraud.
(Unisys Corporation, 02/13/2007)
-
Image clearing of check payments is nearing 60% of all image-exchange volume, while the total volume of paper substitute-check volume cleared is now falling for the first time, lending credence to arguments by industry observers that conversion to end-to-end image clearing is proceeding more quickly than some bankers had thought...
(DigitalTransactions.net, 02/12/2007)