Murphy, Patricia A.
November 2003
Bank Technology News;Nov2003 Supplement, p42
Trade Publication
The article presents information on companies engaged in providing check image technologies. Small Value Payments Co. LLC (SVPCo) and Fiserv Inc. are attempting to position themselves as an electronic check presentment (ECP) utility. With the linking of networks by the two companies community banks having check processing contracts with Fiserv will be able to exchange ECP files with banks that own SVPCo. For past few years the Federal Reserve has been engaged in providing truncation services. Two private companies, namely, Endpoint Exchange LLC and Western Payments Alliance have entered the market to compete with the Federal Reserve.


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