Check Image Archiving & Interchange in the US: Big Changes in the Works: Industry

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Check Image Archiving & Interchange in the US: Big Changes in the Works

Published Date: May 2002

Published By: TowerGroup

Page Count: 12

Order Code: R301-0192

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For decades, the US banking industry has struggled with the issue of the dependence of the US payments system on the paper check. While the rest of the industrialized world has moved much more quickly away from paper toward more efficient electronic payment processing, dependence upon the paper check in all sectors of the US economy (consumer, business, and government) stubbornly persists.

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