23 October 2017

US banks commit to digital cheque imaging

14 December 2001  |  3518 views  |  0 US banks commit to digital cheque imaging

HSBC Bank USA and Wachovia have each announced plans to introduce new cheque image-based services.

HSBC Bank USA has contracted with North Carolina-based Viewpointe to archive images of all cheque and cheque-related documents processed by the bank. The archiving firm will support high speed retrieval of cheque images so that back office operations, customer service personnel and even bank customers can directly access their own cheque images over the Internet within 24 hours of deposit or posting.

HSBC Bank USA will use image archive software from Check Solutions to feed the cheque images to the Viewpointe archive.

Thomas Kaiser, senior vice president of HSBC Bank USA, says: "Our imaging capability will allow us to connect our customers immediately to information regarding their banking transactions. What literally required days of waiting will now only be reduced to a few seconds."

In a separate announcement, Wachovia Corporation says that it has chosen the Silas Technologies Image Archive System to provide a full prime pass transaction and image archive solution. The bank anticipates the system will archive more than 21 million cheque images and associated transactions per day.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Pegasystems rolls out new cheque products: ties the knot with Accenture

Pegasystems rolls out new cheque products: ties the knot with Accenture

13 December 2001  |  2942 views  |  0 comments
Diebold introduces digital cheque retrieval at the ATM

Diebold introduces digital cheque retrieval at the ATM

11 December 2001  |  5100 views  |  0 comments
Merrill Lynch seeks reduced role in HSBC joint venture - FT

Merrill Lynch seeks reduced role in HSBC joint venture - FT

07 December 2001  |  3087 views  |  0 comments
Wachovia enters enterprise-wide payments deal with First Data

Wachovia enters enterprise-wide payments deal with First Data

05 December 2001  |  2586 views  |  0 comments
HSBC prepares for Singapore expansion

HSBC prepares for Singapore expansion

04 December 2001  |  3159 views  |  0 comments
HSBC backs iPSL cheque processing outsource venture

HSBC backs iPSL cheque processing outsource venture

03 December 2001  |  8760 views  |  0 comments
HSBC invests in Chinese B2B trading platform

HSBC invests in Chinese B2B trading platform

06 November 2001  |  4395 views  |  0 comments
E-cheques set to displace paper says Meridien

E-cheques set to displace paper says Meridien

02 November 2001  |  3372 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.vasco.comvisit www.fivedegrees.nl

Top topics

Most viewed Most shared
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
16836 views comments | 20 tweets | 34 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
14192 views comments | 22 tweets | 30 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
10430 views comments | 12 tweets | 23 linkedin
satelliteGates Foundation backs Ripple collaboratio...
10103 views comments | 13 tweets | 10 linkedin

Featured job

Competitive base + commission + benefits
Denmark, Finland, Iceland, Norway or Sweden

Find your next job