Creating Exchange Ready ICL Files With All My Checks™

Many organizations would like a software tool that helps them build a solution to capture checks from any type of scanner and then turn the check images into an image cash letter (ICL) file to send to a financial institution (FI).

All My Checks software makes any scanner into a check scanner by finding and formatting the check images in a folder of images. Usually the objective of scanning a check is to electronically transfer the check image to another financial institution for processing. The mechanism for transferring the check image for processing is to make the check image part of an image cash letter (ICL) file.

Expanding the RDC Market

The growth and evolution of the Remote Deposit Capture (RDC) and remote lockbox markets continues to challenge the core technologies required to capture and process these transactions. New markets are changing the requirements and characteristics of the check image and MICR data capture process, and they require the use of lower cost check image capture devices that are portable and convenient to use. Solutions are now evolving to include every type of document scanning capture device.

Remittance Payments

New check image processing technology can be used to eliminate a separate check scanning step in your remittance processing systems. In the past, check image processing technology could only process checks captured by the traditional check scanner. Now technology can process check images captured on flatbed scanners, from images taken with cell phone cameras, and now even from a full page remittance voucher forms. In short, remittance capture can be converted from a two pass process to a single scan.