Check 21 Lockbox Receivables Remote Deposit Capture Technology

Distributed Capture Panel Discussion (TAWPI Conference)

[I am in Las Vegas for the TAWPI Payments in Transition conference – these are my notes from one of the sessions. An index of all of the sessions and links to the rest of my notes is here. – EMc] Distributed Capture Panel Discussion Wally Vogel, President, Creditron Mary Hockridge, Executive VP, NetDeposit Brandon […]

Banking Check 21

Check 21 Road Map: One Bank's Journey Into the 21st Century (TAWPI Conference)

[I am in Las Vegas for the TAWPI Payments in Transition conference – these are my notes from one of the sessions. An index of all of the sessions and links to the rest of my notes is here. – EMc] Check 21 Road Map: One Bank's Journey Into the 21st CenturyJR Thornton, AVP Indirect […]

Check 21 Remote Deposit Capture

Distributed Capture: Trends, Opportunities & Challenges (TAWPI Conference)

[I am in Las Vegas for the TAWPI Payments in Transition conference – these are my notes from one of the sessions. An index of all of the sessions and links to the rest of my notes is here. – EMc] Distributed Capture: Trends, Opportunities & ChallengesDavid Peterson, Executive VP, Goldleaf Financial Solutions [program blurb] […]

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Managing the Changing Mix of Payments (TAWPI Conference)

[I am in Las Vegas for the TAWPI Payments in Transition conference – these are my notes from one of the sessions. An index of all of the sessions and links to the rest of my notes is here. – EMc] Keynote Address: Managing the Changing Mix of PaymentsBrian Hurdis, President, Metavante Image Solutions [program […]

Banking Payments News Regulatory Environment

Who needs VISA?

(via PaymentsNews) In anticipation of VISA's IPO (scheduled for later this week, as if the market isn't crazy enough) Adam Levitin, a professor at Georgetown Law, has a thoughtful post outlining a payments future no longer dominated by the card networks, one in which the needs of merchants, consumers, and banks are more balanced. The […]

Banking Payments News San Francisco Technology

BarCampBank San Francisco - March 29

I've been intrigued by the idea of a BarCamp – informal, unstructured, participant-organized conferences where people with similar interests share and learn in an open environment – since I read about them in other (mostly technology) blogs. There is an upcoming banking/finance BarCamp in San Francisco (well, actually at UC Berkeley) and I just signed […]

ACH Decoupled Debit NACHA

ACH @ POS

I spoke last week with Elliott McEntee, President and CEO of NACHA about two current issues – NACHA’s reaction to “de-coupled debits” and the progress of the Secure Vault Payments program. Decoupled Debit – Background Decoupled debit programs, announced by both Capital One and HSBC (as issuers) and Tempo (as a processor) take a normal […]

ACH AFP Check 21 Conferences & Meetings Decoupled Debit NACHA

NACHA Topics Update from AFP Boston

Here’s an update on NACHA topics from this morning’s sessions at the Association for Financial Professionals conference being held this week in Boston. Check to ACH Conversion Some of us in the industry will remember a brief and ill-fated “Check-ACH Coalition” in 2006, targeting a larger-scale conversion of checks to ACH, at a bank’s instigation […]

ACH AFP Back Office Conversion Carol Coye Benson Check 21 Commercial Payments Conferences & Meetings

Monday Morning Report from the AFP Conference

There are 6,000 people at this year’s AFP (Association of Finance Professionals) conference in Boston, and it feels like half of them must be smashed into this morning’s session on “The Retail Merchant’s Customers’ Payment Options: Deciding Between C21, BOC, ARC & POP”. Peter Nash of CVS, Charlie Labassi of Home Depot, and Delores Ratliff […]

Banking Payments News Remote Deposit Capture

Community Banks Focus on Image Clearing & Remote Deposit Capture

A recent survey by the Independent Community Bankers of America (ICBA) finds that community banks are leveraging technology and electronic payments to serve small business customers and extend their market reach. More than 1,100 community banks responded to the survey. Community banks are implementing check image clearing and settlement at an unprecedented rate. Nearly 90 […]

Payments News Research Round Up

Alternative Payments Predicted to Increase Share Online

According to new research from Javelin Strategy & Research credit card share of online payments is expected to decline from 60% today to 44% in 2012. Debit card usage is expected to remain steady. In addition to PayPal, Google Checkout, and Bill Me Later literally dozens of companies are competing in the alternative payments space. […]

Back Office Conversion Payments News

A Slow Start for Back Office Conversion (BOC)

The latest Digital Transactions explores why adoption of Back Office Conversion (BOC) has been so meagre six months after NACHA launched the transaction type for converting checks to ACH transactions in the back office of merchants instead of at the point-of-sale (via the POP transaction type). The primary cause of the slow start is the […]

Remote Deposit Capture

Remote capture as an enabler of business' own payment gateway

In the September issue of Bank Technology News David Foss describes the unprecedented success of remote capture and anticipates even more growth to come, citing projections from Financial Insights and Aite. But most interesting to me was that he sees remote capture as an enabler of "merchant capture" – whereby merchants consolidate and manage their […]

Strategy

Strategy - Are Porter's 5 Forces Irrelevant Today?

Over at winmarkets.com a recent post by Nilofer Merchant, a marketing entrepreneur I admire, questions the relevance of Porter's venerable 5 Forces strategic framework in today's Web 2.0 era. Her business focuses on the technology innovators of Silicon Valley – admittedly a different industry than the payments realm we usually cover here – but what […]

Back Office Conversion Payments News Treasury & Cash Management

Back Office Conversion: Opportunity for Merchants and Retailers

Check conversion via Back Office Conversion (BOC) has significant advantages, particularly over the Point of Purchase (POP) check conversion method, and is widely regarded as NACHAs reaction the merchant disappointment with POP transactions. Back Office Conversion benefits for merchants and retailers are as follows: Increased efficiency: Rather than converting checks one at a time at […]