Systematics Financial Services Inc. said Tuesday it plans to install an imaging system in its New Jersey check processing center later this year.

With the announcement, the Little Rock, Ark.-based company became the first provider of check processing services to say it will use a new technology called image proof of deposit.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.