One snag back-office conversion and image exchange risk is both paper and electronic transactions being presented to check writers' accounts. Merchants also must keep paper checks secure until they ...
In the hubbub over check conversion to ACH, there continues to be little coverage of the larger question of "is this really a good idea?" ["Bankers, Merchants Criticize Check Conversion Proposal," Nov ...
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 ...
I've been explaining quite a bit of late about a new federal law that allows banks to convert your checks to digital images. Well, banks aren't the only businesses using electronic means to process ...
The Check 21 law created the substitute check, or image-replacement document. After six years and a brief boom, IRDs are on their way to the payments dustbin, just as Check 21’s backers intended. What ...