Resources

27 Resources for

check 21 and finance

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What Is Your Check 21 Business Case?: The Compelling ROI With Straight Through Check Processing and the Imperative for Reengineering in Response to Check 21
Check 21 details how banks will handle the consumer implications of the act, but does not provide bank's with guidance technology or process around inter and intra-bank image electronic processing. This means there is no clear direction about what should and should not be included in the ROI/business case, essentially...
Tags: Alogent Corp., ROI, Re-engineering, Check 21, Roi/Tco, Financial Services, Finance, Managerial Accounting
White papers 2003-08-01
A Consultative Approach to Check Truncation & Image Exchange
Conditions in the financial services industry are changing dramatically. New landmark legislation and check electronification and conversion initiatives are contributing to the industry's overall decline in paper check volume. With the volume of paper-check processing in decline it is imperative for financial institutions to optimize their payments and reduce their...
Tags: Advanced Financial Solutions Inc., Check 21, Finance, Financial, Financial Accounting, Financial Company, Financial Services, Management, Strategy
White papers 2004-06-02
The Impacts of Check 21 and ARC to Your Organization
Check 21 legislation aims to further improve efficiency of the payment system via the creation of a new payment instrument - the substitute check. This article explains the repercussions of the Check 21 legislation on the payment processing environment and how it will compare to check conversion services being offered.
Tags: Payment, Mellon, Check 21, Operational Accounting, Financial Services, Finance
White papers 2005-01-29
Planning for Check 21: Consider the Impact on Back-End Functions
More than a dozen back-office applications rely on paper but, with Check 21, paper backup images may not exist. Electronifying exceptions and returns will be equally as important as issues concerning forward presentment. Cuts in back-office operations could save billions and, with fewer people, the number of lost, damaged or...
Tags: Back-office, Operational Accounting, Check 21, Finance, Financial Services
White papers 2004-04-08
Upfront: Check Payments to Bow Out?
This article depicts about a research which reveals that a combination of electronic payment types are poised to replace the check as the primary vehicle for transferring funds between two commercial parties. The research cites several factors that signal the approaching demise of check payments, including recent Federal Reserve estimates...
Tags: Payment, Electronic Payment, Penton Media Inc., Check 21, Operational Accounting, Globalization, Financial Services, Finance, Strategy, Management
White papers 2005-04-01
Shared Realities: Bankers and Treasurers Weigh the Issues
At the Association for Financial Professionals' 2004 annual conference, Business Finance assembled a group of treasury professionals to discuss balance sheet management and liquidity. Panelists shared their insights on topics ranging from Check 21 to treasury technology and bank consolidation. This article depicts about the findings of business finance group...
Tags: Bank, Penton Media Inc., Check 21, Balance Sheets, Financial Services, Financial Statements, Financial Accounting, Finance
White papers 2005-02-01
Electronic Payments: More Choices, Rewards and Risks
At the Association for Financial Professionals' 2005 annual conference, Business Finance brought together a panel of treasury professionals to discuss Check 21, remote deposit capture, the proliferation of payment systems and payment fraud. This article provides the views, based on the discussion with those treasury professionals, on electronic payments system.
Tags: Payment, Electronic Payment, Penton Media Inc., Operational Accounting, Check 21, Finance, Financial Services
White papers 2005-12-01
Check 21 Comes of Age
This article talks about the Check 21 legislation, signed by the president that created a slow-moving tidal wave. It brought profound change to corporate finance operations but also gave companies plenty of time to adjust. The bill legalizes the use of digital images of checks as official Image Replacement Documents...
Tags: Penton Media Inc., Check 21, Financial Accounting, Financial Services, Finance
White papers 2004-02-01
Getting Serious About Check 21
Banks rev up technology as legislation gets closer. With federal legislation pending to give electronically imaged checks the same legal status as paper checks, more banks are looking seriously into imaging technology. So far, the industry's adoption of check image technology has been somewhat selective. But the expected benefits of...
Tags: Bank, Imaging, Bank Technology News, Document Management, Financial Services, Check 21, Enterprise Software, Software, Finance, Managerial Accounting
White papers 2003-05-01
SVPCo and Unisys to Help Financial Institutions Leverage Check 21 Legislation and Image Exchange Opportunities
Under the agreement with SVPCo - the leading bank-owned, private sector provider of payment services to financial institutions in the United States - Unisys will offer consulting services to help financial institutions meet the business and technical requirements of Check 21. Unisys consulting services help banks realize the industry goal...
Tags: Payment, Financial, Unisys Corp., Financial Company, SVPCo, Check 21, Financial Services, Operational Accounting, Finance
White papers 2004-05-04
Provident Bankshares Improves Service, Reduces Fraud Exposure and Prepares for Check 21 with Advanced Imaging Solutions
The article refers to the Check 21 legislation. With 113 branch locations in and around Washington, D.C., Baltimore-based Provident Bank understands the importance of operational efficiency and superior customer service. Provident carefully considered whether to implement an in-house solution or outsource to a proven provider. Provident Bank chose to leverage...
Tags: Fidelity Investments, Outsource, Imaging, Provident Bank, Bankshares, Check 21, Outsourcing, Document Management, Financial Services, It Operations, Business Operations, Outsourcing & Subcontracting, Enterprise Software, Software, Finance, Managerial Accounting
Case studies 2004-08-02
Check 21: Where Are You on the Adoption Curve?
Check 21, which will become effective October 28, 2004 one year after signage, encourages, without mandating, check truncation by removing the legal impediments to check truncation that require delivery of the original paper check to the paying institution in order to constitute legal presentment. Instead, original paper checks can be...
Tags: Payment, Check 21, Operational Accounting, Financial Services, Finance
White papers 2004-02-07
Check 21 Readiness
Check 21 marks one of the most significant changes in the history of this country's payment system. It will transform the way checks, our most widely used non-cash method of payment, are handled. The President signed Check 21 into law on October 28, 2003. As a result, all financial institutions...
Tags: Payment, Back-office, Mitek Systems, Check 21, Operational Accounting, Financial Services, Finance
White papers 2003-12-19
The Domino Effect of Check 21 Paving a Path for Banks to Redefine and Reclaim the Payment System
Domino theories are invoked when a seemingly simple or isolated event is predicted to provoke a series of reactions whose cumulative effect is both momentous and distant from the original event. The enactment of Check 21 will entrain such a series of events in the payment system. These events ?...
Tags: Bank, Payment, Event, Carreker Corp., IBM Lotus Domino, Domino Theory, Check 21, Operational Accounting, Financial Services, Finance
White papers 2003-12-01
IMAGING: Getting Serious About Check 21
Banks rev up technology as legislation gets closer with federal legislation pending to give electronically imaged checks the same legal status as paper checks, more banks are looking seriously into imaging technology. The latest version of the Check Truncation Act CTA-known as Check 21 or Check Clearing for the 21st...
Tags: Bank, Imaging, Bank Technology News, Check 21, Document Management, Financial Services, Enterprise Software, Software, Finance, Managerial Accounting
White papers 2003-05-01
Check 21: Turning Costs Into Opportunities
Check scanning equipment that captures images for electronic use has been around for decades. Already widely accepted in Europe, check imaging devices have been used around the world to build image archives for online systems, reduce data entry and truncate paper. But in the United States, the full breadth of...
Tags: Imaging, Seac Banche USA, Check 21, Document Management, Financial Services, Enterprise Software, Software, Finance, Managerial Accounting
White papers 2003-10-06
Check Clearing for the 21st Century Act: Printing Implications for Financial Institutions and Service Bureaus
In an effort to improve the efficiency of the U.S. payment systems and minimize risky dependence on planes, trucks and trains to transport paper checks, the U.S. government drafted and enacted the Check Clearing for the 21st Century Act. Also known as Check 21, the act was signed into law...
Tags: Payment, Financial, Printing, Payment System, Check 21, Operational Accounting, Financial Services, Finance
White papers 2004-11-18
Check 21 (the Check Clearing for the 21st Century Act) Potential Opportunities and Implications for Financial Institutions
Check 21 aims to facilitate the broader use of electronic check processing, without requiring any bank to change its current check collection practices. Its many proponents believe that the law represents an important step in streamlining check processing and, in doing so, reducing some of the risks inherent in today's...
Tags: Payment, Financial, Mellon, Check 21, Operational Accounting, Financial Services, Finance
White papers 2004-06-10
The Domino Effect of Check 21: Paving a Path for Banks to Redefine and Reclaim the Payment System
Domino theories are invoked when a seemingly simple or isolated event is predicted to provoke a series of reactions whose cumulative effect is both momentous and distant from the original event. The enactment of Check 21 has entrained such a series of events in the payment system. These events can...
Tags: Bank, Payment, Carreker Corp., IBM Lotus Domino, Domino Theory, Check 21, Operational Accounting, Financial Services, Finance
White papers 2005-01-12
Making a Statement - How Banks Approach Check 21 Can Transform Long-term Performance
Check 21 offers substantial economic benefits to the system as a whole, to banks individually and ultimately to customers. Banks investing in imaging technology can reduce operating costs by as much as one third because they will no longer need to handle, transport and present paper checks. Analysts expect the...
Tags: Bank, Accenture Ltd., Imaging, Check 21, Document Management, Financial Services, Enterprise Software, Software, Finance, Managerial Accounting
White papers
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