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Article: United Kingdom : RDM Selects Hypercom s HBNet to Speed Electronic Check Conversion.
- Article from:
- TendersInfo
- Article date:
- January 21, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. 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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Byline: pinto03
Hypercom Corporation (NYSE: HYC) today announced that its HBNet subsidiary will provide high speed transaction transport services for RDM Corporation, a leading developer of specialized software and hardware products for electronic payment processing and Remote Deposit Capture solutions.
The time and cost savings inherent in electronic check conversion has made it one of the most rapidly adopted technologies in the financial services industry. It also lowers processing costs for banks by reducing the number of paper checks that have to be physically handled and transported across the country, says Mike Murphy, Vice President of ...