Answer:
The term “Day 1 processing” is used by financial institutions to refer to when a check has entered into the payment stream for settlement.
Learn more about Day 1 processing.
Day 1 processing
Question:
What does “Day 1 processing” mean?
Vendor:
Alogent provides proven, end-to-end check payment processing, digital, online, and mobile banking, and enterprise content and information management platforms to financial institutions. Our unique approach spans the complete transaction ecosystem —capturing and digitizing transaction data, exception tracking, and automating entire transaction and loan management workflows so that information is available across the enterprise.
www.alogent.com
marketing@alogent.com
+1-678-966-0844
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