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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 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 29, 2006 Ivan Schneider |
New Opportunity in Check Conversion The Federal Reserve recently amended the Electronic Fund Transfer Act, paving the way for back office processing by merchants. |
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. |
The Motley Fool February 23, 2006 |
Free Checking Isn't Necessarily Good If you see a bank offering free checking, you should jump in and sign up, right? Not necessarily. |
Bank Technology News February 1, 2008 Glen Fest |
Vying for Dominance The decision to archive checks from 1,600 small and regional banks with Viewpointe gives a huge boost to the image share technology, and is the latest chapter in a struggle between the rival image technologies: image share and image exchange. |
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... |
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 Systems & Technology December 1, 2006 Maria Bruno-Britz |
Deutsche Bank Picks NetDeposit for Remote Deposit Capture Deutsche Bank became the latest bank to join NetDeposit's roster of remote deposit capture clients. |
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 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 Technology News May 2001 Patricia A. Murphy |
Tech Company Buoyed by Paper Fiserv may be a data processor at heart, but now it plans to start handling cash for U.S. banks... |
Bank Technology News January 2001 Maria Bruno |
Quiet Debut Set for Chase, BofA Checking Co. Viewpointe Archive Services, the check imaging venture formed with IBM, reportedly was to have included Wells Fargo & Co. and First Union Corp... |
InternetNews September 29, 2004 Clint Boulton |
Digital Image Act Spells End of Check 'Float' Viewpointe is storing and retrieving digital checks in preparation for Check-21, a new act being passed next month. |
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 January 3, 2006 Ivan Schneider |
BofA Exec Plays Matchmaker Between Check Image Networks Two of the major players involved in the electronic exchange of check data and images, Endpoint Exchange and Viewpointe, have agreed to interconnect their respective networks at the prompting of a Bank of America executive. |
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 Systems & Technology December 23, 2007 Michael Ellison |
Three Ways to Improve Retail Bank Web Sites Here are some best practices that would make bank Web sites easier to use and more valuable to customers and prospects. |
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. |
U.S. Banker May 2007 Kenneth Long |
Reinventing the Checking Account Banks that haven't reinvented their checking accounts to better serve their customers, thus more firmly sealing them to the institutions, may soon find they have fewer customers about which to worry. |
Bank Technology News September 2005 John Adams |
Document Imaging: Tiny Scanner Aims To Help Small Banks With new scanning technology, community institutions are shedding courier trips to local Federal Reserve offices, and outsourcing is simplifying the process. |
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 |
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 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. |
Fast Company October 2004 Alan Deutschman |
The Check-Clearing Quagmire Soon, it won't take a week to clear a check. Checking will finally enter the digital era on October 28, when the Check Clearing for the 21st Century Act takes effect. |
Bank Systems & Technology June 26, 2006 Maria Bruno-Britz |
Lands of Opportunity The international opportunities for U.S. banks with the right IT and know-how can be huge, provided they follow the appropriate strategy. |
Bank Systems & Technology June 23, 2006 Maria Bruno-Britz |
Images On Demand, All the Time Viewpointe and IBM embark on a major upgrade to check image archive. |
Bank Systems & Technology January 29, 2005 Cynthia Ramsaran |
Check Processing - Part 1: Wells Fargo Decides it is Better to Share Than to Exchange Wells Fargo has taken an ownership position in Charlotte-based Viewpointe and signed a long-term agreement to use Viewpointe's national check image archive. |
U.S. Banker October 2001 Mark Bruno |
Questions About Aggregation Experts are asking whether investments in aggregation technology are paying off. Is your bank burning money by investing in aggregation? Some experts say yes... |
Bank Technology News June 2001 Patricia A. Murphy |
New Push to Cut Paper Intensifies The checkless society is a fallacy, but slowly payments are going electronic... |
Reason April 2002 Mike Lynch |
Finance on the Fringe America's check cashers don't exploit the poor; they serve them... |
Bank Systems & Technology December 1, 2005 Maria Bruno-Britz |
Check 21 Requirements Are Only Beginning The real legal challenges associated with Check 21 are only beginning to emerge. |
The Motley Fool January 23, 2007 Selena Maranjian |
Save Money With Direct Deposit At work, you might have the option of directly depositing your paycheck into your bank account. This simple convenience could leave you wealthier. |
The Motley Fool October 13, 2004 Selena Maranjian |
Bye-Bye, Canceled Checks New "Check 21" rules may soon be changing how your bank serves you. |
U.S. Banker January 2002 John Hackett |
Squeezing Profits out of ATMs Changes in the marketplace have made it hard to make a buck with off-site ATMs, but some banks are experimenting with ways to increase revenues from their networks... |
Bank Technology News May 2003 Robert Kapler |
Getting Serious About Check 21 Banks rev up technology as legislation gets closer |
U.S. Banker May 2002 |
Hear No Evil, See No Evil, Speak No Evil Federal Reserve Chairman Alan Greenspan clearly believes that business should be big and should be run in a clubby atmosphere. Or else he chooses not to hear, see or speak of evil... |
The Motley Fool October 20, 2004 Tom Taulli |
Fiserv Wants to Trash Checkbooks Checks are quite antiquated. Companies like Fiserv want to change the way they're processed. |
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... |
Bank Systems & Technology September 30, 2009 Maria Bruno-Britz |
Viewpointe User Group Votes in Favor of Check Image Standard Check image exchange and archive services provider Viewpointe said members of the Viewpointe User Group have voted to recommend adoption of the Universal Companion Document. |
The Motley Fool February 19, 2008 Colleen Paulson |
Who Can Save Financials Now? Help may come from an unlikely source (and no, it's not the Fed). |
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 Technology News March 2001 David Rountree |
Up Today, Up Tomorrow Banks appear determined to sustain their leadership in technology as the virtual world creates ever new real-world threats to their traditional business models. |
U.S. Banker April 2002 |
Tougher On The Big Boys Being bigger is not necessarily better for corporations seeking loans from their banks. A study by the Association for Financial Professionals indicates that banks are putting heavy pressure on their biggest borrowers to throw more business the banks' way. Or else: No credit... |
Bank Systems & Technology September 30, 2006 Maria Bruno-Britz |
Speaking the Same Language Banks are faced with a dilemma around the extent to which they should remain in the payments business. |
The Motley Fool June 12, 2007 John Rosevear |
Checking Out Checking Accounts How to steer clear of "free checking" pitfalls. |
Bank Systems & Technology June 26, 2006 Lisa Valentine |
Beating the Community Bank Drum Bridge Community Bank is a rural community bank with a can-do attitude toward technology. |
Bank Systems & Technology May 1, 2006 Maria Bruno-Britz |
Electronification And Beyond For remote deposit capture -- using devices to create digital images of checks -- the adoption curve has climbed steadily, but only now is banks' use of the technology about to explode. |
Bank Systems & Technology May 25, 2006 Maria Bruno-Britz |
Corporates' Wishes Are Banks' Commands Between industry consolidation and the entrance of new players in the market, banks have their work cut out for them when it comes to serving business customers and meeting their demands. |
Bank Systems & Technology February 1, 2007 Nancy Feig |
Financial Institutions Must Treat Payments Processing as a Business Line to Gain Competitive Differentiation As competition in the payments space continues to heat up, more and more banks will take an enterprise-wide view of the payments business and corresponding technology. |