Federal Reserve/ECCHO report shows unprecedented growth in check images. For more information click here
Seeds of Surprise in Check Successes
How Check Volume and Value Trends Guide Today’s Payments Investment Decisions
By David Walker
President and CEO
Electronic Check Clearing House Organization
You don’t have to be in business very long before you realize that even your unqualified successes can contain the seeds of your next big challenge. And they are often seeds of surprise. This turns out to be true of one of the banking industry’s most ambitious goals and emerging successes: ridding the industry of inefficient paper processing, especially the paper check. The surprise in this case? Even while volumes of checks are decreasing, values are climbing. MORE>>
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