Cheque Scanning and Remote Deposit Capture Seminar
Invited guests from a number of major, foreign, and agency banks together with leading building societies joined TALL and its cheque scanning partner, Digital Check, for presentations outlining the latest developments in cheque imaging, citing best practice case studies for the implementation and fulfilment of remote deposit capture from around the world.
Imaging and cheque scanning gets go ahead
Introducing cheque scanning into the UK required legislative change, which was incorporated within the Small Business, Enterprise and Employment Bill that received Royal Assent back in March this year, with enabling legislation coming into force on 31 July 2016, after which time imaging can be introduced into the UK
Speakers also included the Cheque & Credit Clearing Company highlighting the potential reduction in cheque clearing times to just 48 hours under the new Future Clearing Initiative and Fundtech, outlining best practice software for cheque imaging and clearing processes.