The quick path from concept to unsuccessful conclusion for the plan to link the check image systems to the ACH was partly due to the enormous complexity of the job. More than that, though, it ...
ORLANDO — Though the Check ACH Coalition has abandoned its plan to create a new payments system linking image exchange networks and the automated clearing house system, its members are still working ...
The Check 21 law created the substitute check, or image-replacement document. After six years and a brief boom, IRDs are on their way to the payments dustbin, just as Check 21’s backers intended. What ...
A banking group that is exploring how to merge electronic image exchange with the automated clearing house network expects to distribute a survey on Tuesday to financial institutions seeking to find ...