Check 21 in 2007: The Year of Image Exchange: Industry Report

Check 21 in 2007: The Year of Image Exchange

Product Type: Market Research Report
Published by: TowerGroup
Published: December 2006
Product Code: R301-1226

Description

This TowerGroup Research Note provides background on the Check Clearing for the 21st Century Act (Check 21) and the technology impacts of the legislation. The Note's focus is the drivers for substitute check and image presentment. The Note also details check presentation volume by type of presentment for the 2006-09 timeframe.

Table of Contents

TowerGroup Take-Aways
Report Coverage
Background: Exhibit 1 Substitute Check and Image Exchange Presentment Volume (Q1-Q4 2005); Exhibit 2 Estimated Interbank Check Presentment Volume (2005-09)
2006: Image Exchange Takes Off
The Federal Reserve System
Endpoint Exchange
SVPCO
ViewPointe
Rapid Growth of Image Exchange
Substitute Check Volume Growth Also Strong: Exhibit 3 Image Exchange Presentment and Substitute Check Volume (Q1-Q4 2006)
2007: The Year of Image Exchange: Exhibit 4 Estimated Check Presentment Volume by Type (Q1-Q4 2007)
Substitute Check Presentment to Peak
The Transformation to Image Presentment: Exhibit 5 Estimated Check Presentment Volume by Type (2006-09)
Summary

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