Question: At one of your Security Workshops you presented some information on UCC 3 and 4 amendments including a statement you made about "stale dated checks".
Source Technologies recently announced that it is offering to the retail, restaurant and securities industries the same types of MICR laser printers used by banks.
Question: It was my understanding that paper checks can only be processed and returned twice - that after the second time they cannot be presented for payment a third time.
National Source One, which provides branch automation solutions to community banks, recently announced its newest product - GoldNet™, a real-time Internet solution.
Question: I would like to ask a security operations question. We are discussing the use of blank counter deposit slips in bank lobbies.
Fiserv, Inc. is offering a seal for substitute checks that survives the imaging process and can be read later to authenticate those substitutes and to expedite Check 21 research.
The companies that provide bank technology are developing ways for bank customers to securely automate the process of exchanging data without using dedicated modems, TTY transfer or physical exchan
An account holder comes in and tells you he checked his statement, and found there are two checks charged to his account that he did not write.
Do you know of a web site or product that can confirm MICR routing numbers on checks quickly for a teller?
Question: My question is regarding the MICR (Magnetic Ink Character Recognition) number matching the fraction located on the check.