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SVPCo and Unisys Agree to Exchange Check Images To Expand National Image Exchange Service; Agreement Strengthens Ability of Financial Services Institutions to Gain Benefits of Check 21 Legislation.
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PR Newswire
- Article date:
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October 15, 2003
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Copyright informationCOPYRIGHT 2003 PR Newswire Association, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK, Oct. 15 /PRNewswire/ -- In a message of solidarity, Unisys Corporation and SVPCo announced their agreement to formally cooperate in establishing system connectivity and support for the electronic exchange of check data and images for their respective client financial institutions. The addition of Unisys to SVPCo's payment-system initiative expands the network of image-enabled financial institutions that can attain the maximum value from image exchange regardless of their unique imaging strategies by participating -- either directly or through an aggregator such as Unisys -- on the SVPCo payment network.
Image exchange is gaining momentum, spurred by the ...
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