What is check 21? \;

-Check 21 is changing the way banks and businesses exchange money/checks. \;

-Funds are available quicker\, and costs go down due to lack of couriers to carry checks

-The need for businesses to go to the bank is alleviated \;

-Enacted due to 9/11 and planes grounded for days.

Challenges for Businesses \;

-Acceptance of check imaging for customers checks \;

-Technology and way of the future to process check items \;

-Convincing business owners using check image technology will save time and money for most businesses year after year

Challenges for Bank \;

-Fraud

-Customer confusion

-Reluctance of customers on new technology

-Can banks handle new way of processing

-How to price/charge\, expensive for banks?

How does all of this benefit consumers? \;

-No need to go to bank\, saves time and money

-No transportation costs\, someone out of office daily

-Reduces deposit errors and adjustments (full control over deposits)

-Quicker notification if returned deposited item \;

-Quicker availability on funds \;

-Online access to deposits\, images of items deposited\, management reports \;

What is ISN Bank doing? \;

-Leading the way in check 21 and check image processing \;

-Offering check image device free\, $1200 value \;

-PowerPoint and demonstration \;

-What our bank is about: great service\, local loan decisions and advanced technology. \;ISN bring&rsquo\;s the bank to the customer. \;Saves time and money for its clients.

Presented by: Doug Said\, ISN Bank\, Cherry Hill\, NJ LOCATION:Builders League of South Jersey Cherry Hill\, NJ 08034 UID:e.9292.263 SEQUENCE:3 DTSTAMP:20260422T063727Z URL:https://members.blsj.com/events/details/canceled-seminar-check-imaging-for-the-21st-century-03-30-2007-263 END:VEVENT END:VCALENDAR