Will examine emerging best practices for smaller institutions
15 January - Rosetta Technologies, a leading provider of MICR printers and IRD and check printing software solutions, will host a free informational webinar on February 4, 2010 that examines how accelerating changes in the way paper returns are processed and cleared are dramatically changing the landscape of the post-Check 21 world.
“The Last Mile: Emerging Best Practices in Returns Processing” will focus on efforts by banks and credit unions, third party processors, and software vendors to eliminate remaining barriers to in-clearing return items electronically. It will also discuss how the continued restructuring of check services by the Federal Reserve is leading many banks and credit unions to reexamine their returns processing and IRD print strategy.
During Rosetta Technologies’ free online event, participants will discover:
· The current state of Check 21 adoption and market changes that are forcing institutions and item processors to rework their returns processing strategy.
· Understanding the new risks to which institutions are now vulnerable.
· The advantages and disadvantages of different decisioning/resubmission/IRD delivery models - including both distributed and remote - that institutions should consider.
· Best-of-breed features that should be considered for any IRD delivery solution.
For more information and to register visit http://www.rosettatechnologies.com/the_last_mile.
More from Rosetta Technologies: Introduces Affordable Solution for Printing IRDs from PDFs
PDF Print Pack supports printing of return files via Fedline Web®
13 January - Rosetta Technologies, a leading provider of MICR printers and check and Image Replacement Document (IRD) software solutions, announced the availability of the PDF Print Pack, an all-in-one solution that offers financial institutions a low cost option for printing IRDs from PDFs received directly from the Federal Reserve Bank. The PDF Print Pack is a complete solution including Rosetta duplex MICR printer, MICR toner cartridge, IRD paper, 7x24 telephone support, and three-year warranty.
In 2009, the Federal Reserve Bank began encouraging financial institutions that are still reliant on the Fed for printing and delivery of return IRDs, to transition to receiving returns electronically. One of the options given to banks and credit unions receiving less than 25 return items per day is to receive those items as Adobe Acrobat® PDF files from Fedline Web, which can then be printed on a MICR printer using IRD paper. Backed by Rosetta’s exclusive MICR Print Guarantee, the PDF Print Pack provides everything needed to print high-quality MICR IRDs from the Fed PDF file.
More information about the PDF Print Pack can be found at http://www.rosettatechnologies.com/pdf-print-pack.
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