Phoenix, March 2, 2015 -- BAI Payments Connect Conference – Digital Check Corp., a manufacturer of check scanners and other equipment and software for the banking industry, has released a report projecting the future of check payments in the United States today at the BAI Payments Connect conference. The document, titled The Disappearing Check – How Long Until the End?, addresses several major contributing factors to the decline in check usage, with predictions about how long the check will continue to exist in meaningful numbers.
The report, which uses a mathematical approach to attempt accurate projections on the future of checks, is also available at www.digitalcheck.com . Highlights include:
John Gainer, Digital Check’s executive vice president, commented: “We feel that it’s important to open an honest discussion about the future of the check; we are not interested in producing a PR piece. The numbers may be a bit uncomfortable to some. But like it or not, the industry is evolving, and it’s our turn to evolve along with it.”
Digital Check is currently exhibiting at the BAI Payments Connect conference, at Booth 413. Also at the conference, Tom Jordan, Digital Check’s Director of Software Solutions, will co-host a session on the cost of problem images in the check clearing process at 9:45 a.m. on Wednesday.
About Digital Check
Digital Check provides superior check and document scanner products for teller, branch automation, remote deposit capture, and remote lockbox applications. The Northbrook, Ill.-based company was named one of Bank Technology News’ "Ten Technology Companies to Watch" in 2008 for its innovative products, and received a Bank Technology News’ Innovators Award for its affordably-priced CheXpress CX30 scanner. Digital Check’s SB, BranchXpress®, TellerScan® and award-winning CheXpress® series of electronic scanners are among the most cost-effective and reliable in the industry, and provide high-quality images with precise MICR accuracy.
The Green Sheet Inc. is now a proud affiliate of Bankcard Life, a premier community that provides industry-leading training and resources for payment professionals. Click here for more information: bankcardlife.com?orid=33533&opid=1 .
Source: Company press release.
SRM acquires Accourt Payments Specialists
Alkami launches SDK wizard 'Merlin'
PSCU/Co-op, Gulf Coast Educators FCU team up
NVIDIA honors WPP for innovation in EMEA
Fime to support UAE’s domestic card scheme set up
Anna Porra joins Paymentology as CRO
Lemon raises £500K to help SMBs save on SaaS funding
BHMI releases 'Configurable Summary'