Latest Technology - Checks Topics

From ATM to Back Office

08/01/2005

NCR Corporation recently announced availability of a new integrated platform that will allow smaller financial institutions to enhance their image-based operations.

Validity of Check Images

07/04/2005

Some consumers believe that the images of checks are not as good as the checks themselves. What are the rules on this for proof of payment or prosecution of forgery?

More Check 21 Products Rolling Out

07/01/2005

In our last issue we reported on several companies who are offering systems to help prepare for Check 21.

Security Problems With Check 21: Will it Really Reduce Fraud?

07/01/2005

by Barbara Hurst, BOL Guru

Automatic Signature Verification

07/01/2005

While digital signatures are being tested and used for new applications, the old handwritten signature is still what most of us rely on for identity.

Middle East Leads No Envelope Revolution for NCR

07/01/2005

According to automated teller machine manufacturer NCR Corporation, the Middle East and Gulf region of the world is leading in the use of that company's ATMs that can accept deposits without using

Count Toward the Transaction limit on MMDAs?

06/20/2005

I understand that internet transfers on money market accounts count as being limited under Regulation D. However, what about the Merchant Settlement or card service debit transactions that are also applied against a money market account? Are these also considered and counted towards the limit?

Pros and Cons of HELOC Debit Card Access

05/23/2005

Please provide some of the pros and cons -- particular as related to fraud risk -- of providing access to Home Equity Lines of Credit (HELOCs) via debit card.

Filing the Correct Report for Mysterious Debit

05/16/2005

I have a question in regard to Reg E. We have a customer that comes into the bank and tells us that there is a debit coming out of their account, and they aren't aware of what it is. There is no number that shows who to call, I mean its just there. The customer tells us that she/he has their visa card and checks in hand and that nothing has been lost or stolen. The bank at this point would file an unauthorized transaction report, is that correct? Would we also need to have are customer file a Police Report?

Change

04/01/2005

My Dad was born in Oswego, New York, but lived almost all his life in Philadelphia. As a young man in 1910, one of his first jobs was at the Philadelphia Federal Reserve Bank.