ATLANTA--(BUSINESS WIRE)--July 19, 2004--VSoft Corporation, a global information and technology provider of financial solutions, announced that Bank Services of Virginia, a $2.5 billion bank servicing ...
BOULDER, Colo.--(BUSINESS WIRE)--ParaScript, an AI-powered document processing company, today launched the industry’s first embedded signature verification solution that securely places a customer’s ...
Mitek Systems MITK recently expanded its partnership with Alogent, which specializes in offering comprehensive check payment processing and mobile, online and digital banking solutions. By integrating ...
For Carol Sabasteanski, the holidays mean loads of paperwork, and not of the gift-wrapping variety. Sabasteanski is president and CEO of FISC Solutions, which provides financial and organizational ...
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Federal Reserve considers ending paper check processing
The Federal Reserve is considering ending paper check processing as usage declines and fraud and costs rise, a move that ...
The routing of payment data through multiple systems slows down processing, increases costs, and hampers customer-facing functions within a bank. Establishing a single storage point for all data ...
When President Bush signed the Check 21 legislation late last month, he was taking a major first step toward initiating a cheaper, electronic way to process the nation’s 40 billion paper checks. But ...
Wausau Financial Systems Inc. is using its check imaging capabilities to reach larger clients, including those outside the banking industry. Though the Mosinee, Wis., software company is perhaps best ...
When it comes to paying for their groceries, consumers still like to whip out their checkbooks. According to a study released by the Food Marketing Institute, Washington, in 2000, checks made up 33% ...
When Congress changed the way banks processed paper checks, it was a long-overdue reform. Unfortunately, though, the new law was tailored to benefit banks at the expense of their customers. The need ...
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