Talk to banks across the country and you get a similar theme: Check 21's official entry into the lawbooks on October 28 could be a boon for imaging, particularly for firms that have embraced the ...
You've probably bought something in a store with a check even though you don't have the money in your account at the time. You figure you have a few days for the check to clear, and by then the money ...
Many bankers take a dim view of substitute checks, the payment instrument that would be forged by the truncation legislation wending its way through Congress. They are perceived as expensive to create ...
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 ...
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