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Article: CheckFree Announces Strategic Alliance with Data Support Systems and US Dataworks to Launch First End-to-End Returned Check Conversion System.
- Article from:
- Business Wire
- Article date:
- November 13, 2000
CopyrightCOPYRIGHT 2000 Business Wire. 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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Business Editors
ATLANTA--(BUSINESS WIRE)--Nov. 13, 2000
CheckFree (NASDAQ: CKFR) today announced a strategic business alliance with Data Support Systems of Omaha, Nebraska, and US Dataworks of Houston, Texas, to provide the industry's first end-to-end solution for the conversion of returned checks to Automated Clearing House (ACH) items.
The Standard Entry Class for Re-presented Check Entry (RCK) adopted by NACHA-The Electronic Payments Association allows for the conversion of returned checks to electronic transactions.
The solution will integrate CheckFree's PEP+ (Paperless Entry Processing), US Dataworks' Returnworks system and ...