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

Product Type: Market Research Report
Published by: TowerGroup
Published: May 2002
Product Code: R301-0192
Description
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.
Table of Contents
Highlights

Introduction

Recent Research Findings of the US Federal Reserve Banking System

New Legislative Initiatives

The Check Truncation Act

Accounts Receivable Conversion (ARC)

Benefits and Options in Check Image Archive and Exchange

Develop an In-House Image Archive

Outsource the Function to a Shared Utility in the Private Sector

  • Viewpointe Archive Services
  • Endpoint Exchange

    Outsource the Function to a Shared Utility in the Public Sector: FedImage

    Outsource the Function to a Service Bureau

    Conclusion

  • Ordering and More Information
    Price and Delivery Options



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