Last week, the Check 21 Act took effect, allowing banks to clear checks electronically and sets standards for the secure electronic transfer of check images between financial institutions. The Act ...

Although the Check 21 act goes into effect on 28 October 2004, banks do not have to begin electronically clearing checks on that date — Check 21 merely authorizes banks to begin use of ...

Check 21 Act The "Check Clearing for the 21st Century Act," commonly known as "Check 21" or "Check 21 Act," took effect on Oct. 28, 2004.

Michael J. Weber, Dennis E. McDonnell, CHECK PLEASE? THE "CHECK 21" ACT AND ITS IMPACT ON CHECK FRAUD CLAIMS, Tort Trial & Insurance Practice Law Journal, Vol. 40, No. 3 (SPRING 2005), pp. 941-956 ...

Today, it's becoming more difficult for bank customers to make those short-term loans to themselves thanks to something called Check 21, which is short for the Check Clearing for the 21st Century Act.

The Federal Reserve Bank reports that the average daily volume of Check 21-related transactions using its processing programs increased from 40,000 in November 2004 to 2.8 million in January 2006.

Check Clearing for the 21st Century Act Signed by President Bush on October 28, 2003, the Check Clearing for the 21st Century Act ("Check 21 Act") is designed to facilitate check truncation by ...

WASHINGTON DC – The transition to electronic cheque processing – as required by Check Clearing for the 21st Century Act ( Check 21 ) – will proceed slower than initially expected, according to ...

The third reason to get with the Check 21 Act is the ability to reduce fraud. If its a bad check, a bank will know about it in one day, rather than two to four days as they do now.

Legislation that impacts commerce typically creates opportunity for new IT products and solution provider input, and The Check Clearing For The 21st Century Act (Check 21) is no exception.

As we move toward a truly electronic society, what we once demanded in print is changing before our eyes. Electronic delivery is affecting almost every industry, and banking is no exception. In fact, ...

CHEYENNE - When the Check 21 Act goes into effect Oct. 28, banks will be able to process checks electronically. The act was signed into law in 2003 and will allow banks to provide electronic ...