CANCELED: Seminar: Check Imaging for the 21st Century
What is check 21?
-Check 21 is changing the way banks and businesses exchange money/checks.
-Funds are available quicker, and costs go down due to lack of couriers to carry checks
-The need for businesses to go to the bank is alleviated
-Enacted due to 9/11 and planes grounded for days.
Challenges for Businesses
-Acceptance of check imaging for customers checks
-Technology and way of the future to process check items
-Convincing business owners using check image technology will save time and money for most businesses year after year
Challenges for Bank
-Fraud
-Customer confusion
-Reluctance of customers on new technology
-Can banks handle new way of processing
-How to price/charge, expensive for banks?
How does all of this benefit consumers?
-No need to go to bank, saves time and money
-No transportation costs, someone out of office daily
-Reduces deposit errors and adjustments (full control over deposits)
-Quicker notification if returned deposited item
-Quicker availability on funds
-Online access to deposits, images of items deposited, management reports
What is ISN Bank doing?
-Leading the way in check 21 and check image processing
-Offering check image device free, $1200 value
-PowerPoint and demonstration
-What our bank is about: great service, local loan decisions and advanced technology. ISN bring’s the bank to the customer. Saves time and money for its clients.
Presented by: Doug Said, ISN Bank, Cherry Hill, NJ
CANCELED: Seminar: Check Imaging for ...
Date and Time
Friday Mar 30, 2007
6:00 PM - 6:00 PM EDT
Location
Builders League of South Jersey
Cherry Hill, NJ 08034
