Check Imaging and the ACH

The quick path from concept to unsuccessful conclusion for the plan to link the check image systems to the ACH was partly due to the enormous complexity of the job. More than that, though, it demonstrated once again the difficulty of aligning strategies and tactics for the shifting payments landscape.
Why Coalition Quit Check-ACH Project (Feb. 1)
The Check ACH Coalition's decision to abandon its efforts to link the automated clearing house system with image exchange networks acknowledged that the project was too complex — and had been all but mooted by market forces.

Resistance to Image-ACH Diversifies
As bankers, vendors, and industry watchers gather this week to discuss a proposed converged payments system that would use both image exchange networks and the automated clearing house, a variety of opinions is starting to emerge.

Majority Gives a Go-Ahead to ACH Check-Image Plan
Organizers of the Check ACH Coalition said Wednesday that more than half the participants at an online seminar want to pursue the proposed project, which would link the automated clearing house payments system with check-image exchange networks.

Skeptics in View, Backers of Image-ACH Reach Out
Bankers promoting a converged payments system that would use both imaging technology and the automated clearing house network say there is strong interest, and they hope to begin testing the system next year.

ACH-Image Convergence: Which Rules?
The nascent push toward a hybrid payment format that uses both the automated clearing house and image exchange networks has already led to a pointed discussion of some operational hurdles that stand in the way.

For Some, Image-ACH Convergence A Nonstarter
LAS VEGAS — Some payment executives, including some bankers, are voicing skepticism over the value of a converged payment system that would use both image exchange systems and the automated clearing house network to settle payments.

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A Viewpointe Upgrade, with Eye to ACH-Image Convergence
Viewpointe Archive Services LLC is planning a major upgrade to its check-archiving network.

New Project Could Link ACH, Image Networks
Several major banking companies are discussing testing an electronic check-clearing system that would combine imaging technology and the automated clearing house network.

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