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Bank Technology News May 2003 Robert Kapler |
Getting Serious About Check 21 Banks rev up technology as legislation gets closer |
U.S. Banker June 2003 Robert Kapler |
Getting Serious About Check 21-Finally The average check is handled 12 times, so check image technology could sharply reduce error rates. But choosing a system depends on a bank's specific needs. |
Bank Technology News February 2006 John Adams |
Small Business: Heritage's Shopping Remote Capture Heritage Bank is allowing small business customers to deposit checks electronically and remotely, allowing the bank to stretch beyond its traditional footprint |
Bank Technology News May 2005 Chris Costanzo |
Remote Check Deposit: Wells Captures A New Checking Twist Check 21 and Desktop Deposit provides fast remote capture without adding software on the user end and eliminating time-consuming trips to the branch, all through a Web portal. |
The Motley Fool April 25, 2007 Mary Dalrymple |
Hey, Give Me My Money! Fewer check processing sites means that, for consumers, more deposit checks get categorized as "local." That means more of your checks must be deposited under the two-day rule instead of the five-day rule. |
Bank Technology News January 2004 John Adams |
Nat City's New Image National City dove into a quick Internet check imaging project this summer to adhere to Check 21 and to reap a number of other benefits. |
Bank Technology News August 2003 |
By The Numbers One of the major effects of check-image exchange is the eventual elimination of the float. The annual value of the float is about $5 billion, say banks, even in today's low-rate environment. |
Bank Systems & Technology June 9, 2007 Maria Bruno-Britz |
Federal Reserve In Deal with Unisys for Check Image Processing Feds plans to upgrade existing check image processing system will lead to greater efficiencies. |
U.S. Banker May 2002 Mark Bruno |
Digital Imaging Picks Up Steam Banks across the nation suddenly are working very hard to implement the long-promised technology of check imaging... |
Bank Systems & Technology March 10, 2004 Ivan Schneider |
TransAtlantic Farms Out Check Images Miami bank's courier costs melt like a snowball in South Beach |
Bank Systems & Technology January 7, 2005 Ivan Schneider |
Cut the Fee, or Wait and See? Check 21 requires the Federal Reserve to report back to Congress in April 2007 on the change in length of hold times. But the CCAF Act would accelerate that process and instruct the Fed to reduce hold times |
The Motley Fool August 10, 2006 Dan Caplinger |
How the Fed Affects You Federal Reserve decisions about interest rates trickle down to everyone. |
Bank Technology News August 2006 Michael Dumiak |
Image Capture: Scanning a Trend: Banks See Buy in Banks expect that companies, particularly those with disperse footprints, will demand remote-deposit image capture services. |
Bank Technology News October 2007 John F. Gainer |
Questions to Ask Before Buying RDC Here are the most important criteria that banks and credit unions should use to select their remote deposit check scanners and support services in order to ensure successful RDC rollout. |
Bank Technology News May 2001 Patricia A. Murphy |
Talk of the Show: Image Archive Wide-scale check imaging has seemed an elusive goal, at least for the better part of a decade. Key stumbling blocks have remained, like federal statutes that require long-term storage of commercial documents like checks... |
Bank Systems & Technology March 7, 2005 Ivan Schneider |
Making Sense of Image Exchange A number of image exchange mechanisms have arisen, in order to facilitate the participation of virtually every bank in the U.S. in image exchange. |
Bank Technology News March 2007 Glen Fest |
Image Exchange: Imaging: Are Happy Days Here at Last? Image-cleared checks have exceeded substitute items, and are expected to surpass paper-check volume by the end of the year. |
Bank Systems & Technology April 24, 2008 Anne Rawland Gabriel |
MCNB Banks Unlocks the Potential of Electronic Check Capture Realizing the promise of electronic check capture required visionary thinking on the part of Welch, W.Va.-based MCNB Banks. |
The Motley Fool December 12, 2007 Dan Caplinger |
Is the Fed Smart, Dumb, or Both? One day, the market thinks the Federal Reserve chairman is the dumbest guy on Earth. The next morning, he's the master of the universe. The reality is somewhere in between -- but try telling that to traders who get whipsawed repeatedly. |
Bank Technology News April 2002 Lynn Koller |
Making a Clear Case for Online Digital Check Imaging Web-based digital imaging is streamlining operations and enhancing customer options... |
Bank Systems & Technology December 1, 2005 Maria Bruno-Britz |
Check 21: Evolution, Not Revolution Originally hailed by legislators as ushering in a new era of banking, it seems the reality of Check 21 is a bit less lofty than they anticipated - so far, at least. |
Bank Technology News December 2003 Holly Sraeel |
Branches Are Back. Is This Banking's Big Break? Identity theft may be grabbing headlines, but most banks are heavily focused on branches, particularly in understanding what types of activities are conducted by customers while there. |
U.S. Banker November 2001 Robert A. Bennett |
Fed on the Defensive The Federal Reserve is a dignified institution and its mentality is not that of a street fighter. But that's what it must become if it is to succeed in battling the private sector for dominance of the electronics payments system... |
The Motley Fool November 24, 2006 Dan Caplinger |
Know Your Numbers: Money Supply While money supply figures rarely make the news, they represent an essential element of the U.S. economy. |
Bank Technology News March 2007 Glen Fest |
Business Banking: Small Banks Beefing Up Commercial Capabilities Four in five community institutions say they will increase tech spending on capabilities such as cash management and imaging to attract corporate banking customers. |
Bank Technology News June 1, 2008 Glen Fest |
As Fed Hurries Up, Banks Catch-Up Despite major gains in image clearing in the past year only 60 percent of U.S. institutions are capable of receiving images. |
Bank Systems & Technology May 1, 2006 Phil Britt |
Don't Shutter the Branch Yet Despite all the attention given to online banking and self-service, for now, branches remain a strong component of banks' channel strategies, evidence suggests. |
Bank Systems & Technology January 29, 2005 |
Blue Skies Tech 2005 Business Forecast: Top banking industry leaders weigh in on how technology will impact their business. |
Bank Systems & Technology February 27, 2006 Patrick K. Barron |
Pay It Forward The First Vice President & COO of the Federal Reserve Bank of Atlanta talks about payments systems and Check 21. |
Bank Systems & Technology November 3, 2003 Ivan Schneider |
Check 21 or Bust? Capco survey sheds light on check processing trends |
U.S. Banker November 2005 |
MMDA: Banks Seen Losing Out to Mutual Funds In today's rising rate environment, money market mutual funds can offer better rates than those of banks, because many banks have been slow to ratchet up their rates, even when the Fed raises the fed funds rate. |
Bank Technology News July 2004 John Adams |
Perks Beyond Compliance Will Cost $$$ The Check 21 legislation promises to save lots of money for banks over the long haul, since it opens up the possibility of labor-saving automation in check processing. But in the short-term, it could also cost a bundle. |
Bank Technology News December 2002 Glen Fest |
Picking Up An Expensive Check The proposed Check Clearing for the 21st Century Act, or Check 21, will be costly, especially for community banks. |
U.S. Banker November 2001 Robert A. Bennett |
The Role of Government Even the most fanatic free-marketers today recognize that the government has a role to play following the terrorist attacks. But in other areas there remains a dangerous perspective. One of these is the payments system and the role the Federal Reserve should play in it... |
The Motley Fool March 24, 2008 Dan Caplinger |
How the Fed Rescues Markets Lower interest rates support stock prices in several ways. |
Bank Technology News February 2003 Michael Sisk |
Outsourcing Goes On-Demand Bankers like JP Morgan Chase's John Schmidlin, CTO of enterprise services, are increasingly looking to outsourcing firms to help them slash inefficiencies in commodity services and gain the upper hand in more strategic business partnerships. |
U.S. Banker January 2002 |
Letters to The Editor Guenther of ICBA Calls Fed Role in Payments Critical... Put Loan Risk Where it Belongs... Calling Me Names? Then Call Me First... etc. |
Bank Technology News January 2005 Michael Sisk |
The Post-October 28 World: It's Time for a Reality Check on Check 21 Believe it or not, there are still many misconceptions about the law among the public, which banks must battle as they gradually implement new checking technology. |
Bank Systems & Technology May 6, 2004 Judy Ward |
Banks Prepare Returns Processing for Check 21 Electronic check processing will speed transactions, cut costs and fight fraud. |
U.S. Banker June 2007 Lee Conrad |
Weighing Customization Against 'Bank-in-a-Box' Solutions The ability to customize IT platforms could help small banks differentiate themselves, but they must be careful not to bite off more than they can chew. Partial outsourcing may do the trick. |
The Motley Fool January 19, 2007 Dan Caplinger |
Banks Need Your Fees The best way to avoid fees is to make sure you understand what fees your bank charges for certain transactions or activities before you need them. |
U.S. Banker January 2002 |
A Win for the Fed Even the Fed can make mistakes, as many Greenspan critics are only too happy to point out. But some mistakes can be happy ones -- and that's the good news from the Federal Reserve Bank of Boston... |
Bank Systems & Technology June 20, 2008 Paula Damiano |
Citizens Bank Rolls Out GoldTracks Records Management System Citizens Bank will use GoldTracks document tracking and imaging solution to automate and centralize its loan operations. |
BusinessWeek September 3, 2007 James C. Cooper |
Savvy Moves That Should Soothe The Markets The Fed's quick and innovative response may avert the need to cut rates. |
Bank Systems & Technology November 4, 2003 Greg MacSweeney |
Check 21 May Push EBPP over the Hump Check imaging may be the service that pushes EBPP beyond the tipping point to mass adoption. |
U.S. Banker September 2001 Mark Bruno |
Leave Automation to Automators It's no secret the current check processing procedure is cumbersome. But before banks can make the leap from paper to digital checks, an archive is necessary to store check images and information... |
The Motley Fool December 21, 2007 Selena Maranjian |
The Fed: Who Knew? You know it has the power to move markets, but what else do you know about the Fed? Here are some interesting facts that may surprise you. |
Bank Systems & Technology January 30, 2008 Maria Bruno-Britz |
City National Bank Appoints Rodney Banks VP of Commercial Banking Services Rodney Banks, new executive VP and manager of commercial banking services at Los Angeles-based City National Bank, says customer relationship management solutions are more vital now than ever before. |
National Real Estate Investor June 26, 2003 Parke Chapman |
Fed Cuts Rates Again The Federal Reserve has slashed a key short-term interest rate by one-quarter percent, bringing the rate to its lowest level in nearly 50 years. That one-quarter percent cut was conservative: many observers predicted that the Fed would bring rates down by an aggressive half percent. |
Bank Systems & Technology June 26, 2006 Peggy Bresnick Kendler |
Outsourcing Questions and answers about bank outsourcing. |