Fiserv, NetDeposit In Check 21 Exchange

Credit Union Journal, The, July, 2004

Fiserv, Inc. and NetDeposit, Inc. are pursuing an agreement that will give each company access to the other's Check 21-related solutions. Fiserv, the nation's largest third-party check processor, said it is fine-tuning the development of capabilities to leverage the Oct. 28, 2004, implementation of the Check Processing for the 21st Century Act, better known as Check 21.

Fiserv will offer printing of substitute checks across its network of 50 image-based check-processing centers, and will act as a gateway for substitute check printing and image exchange to all of its 1,700 check-processing clients and to its more than 7,000 account processing clients.

Fiserv will use software components from both NetDeposit and Fiserv's Imagesoft Technologies business unit to enable...

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