Check Fraud
Check fraud is a serious and costly issue around the world. In fact, though the number of checks written has decreased 26% between 2009 and
Check fraud is a serious and costly issue around the world. In fact, though the number of checks written has decreased 26% between 2009 and
Check exception items are checks that, for any of a number of reasons, cannot be mechanically processed by a bank or financial institution. These items
MICR (Magnetic Ink Character Recognition) capture has stood the test of time, having been printed on checks since 1959. Not much has changed in the methods of printing
It’s all about image. No, we’re not talking about Hollywood, although that statement would seem to apply there as well. We’re talking about the check
Desktop check scanners have changed the face of check item image capture. It used to take days to clear checks as the paper traveled from the
Remote deposit got its start in 2003 with the passage of the Check 21 Act, which gave scanned images of checks the same legal standing
A dedicated check scanner is the most efficient way to use remote deposit capture for those who process enough checks to justify the cost. Others
Through the end of the 20th century, final clearing of checks in the United States was still done physically – even though much of the
As you may have guessed, not all remote deposit capture systems are the same. They’re all made to accomplish the same general purpose, but there
Who can use remote deposit? Remote deposit it is available, in one form or another, to virtually any business or consumer in the United States.