|
Scanner seizes market
|
A compact, high-speed, duplex countertop check scanner was introduced by Digital Check Corporation (DCC), based in Northfield, Ill., at FutureBank '98 in Kansas City, Mo.
TellerScan-400 is designed to let banks capture image and data from checks at the original point of deposit (branch, teller, ATM, remote) - which is expected to become a multimillion dollar market.
Needing just 6 x 12 inches of space, the scanner can significantly reduce the number of keystrokes, allow bank p...
Related newspaper, magazine, and journal articles from HighBeam Research
|
House OKs limiting time banks can hold checks
Chicago Sun-Times
; WASHINGTON (AP) The House yesterday passed a bill to limit the time banks can hold deposited checks. It would curtail what a chief sponsor called an "outlandish policy" that allows banks to profit from the so-called float. The House measure, passed 282-11, would force financial institutions to give
|
|
Traveler's checks are turning to plastic.
Chicago Tribune (Chicago, IL)
; Byline: Alfred Borcover Travel abroad is costly enough these days without getting nickeled, dimed and dollared to death every time you reach for your cash card, credit card or traveler's checks. Everyone gets a piece of the action. Banks charge up to a $5 transaction fee each time you use an
|
|
Judgment issued against Wingate for checks; suit over loans pending
The Gazette
; Colorado Springs City Councilman Charles Wingate, a financial adviser, faces civil action over bouncing six checks and not repaying two loans this year. Because 4th District Court received no response from Wingate, a magistrate issued a judgment against Wingate in three cases involving bounced
|
|
Cheaper mail-order checks cut out middle man; Banks charge more, although same companies do the printing.(VARIETY)
Star Tribune (Minneapolis, MN)
; Despite cash machines, automatic bill-payment systems and predictions of a cashless, paperless society, Americans are writing more checks than ever - 63 billion this year, up from 61 billion in 1993. But a significant change has occurred. Check-writers no longer have to order checks from their
|
|
Tax rebate checks won't be mailed until January But they will arrive in time to pay holiday bills, revenue secretary says
The Milwaukee Journal Sentinel
; If you were hoping to get your tax rebate check in time for the holidays, you're out of luck. The checks won't be mailed until January, state officials said Monday. About 2.5 million rebate checks are expected to be printed by the end of the year, but they won't be sent out until then. The checks
|