Products & Services
Digital Check is a leading provider of branch and teller scanners worldwide. DCC continues to introduce new check scanning products to meet the growing worldwide demand for distributed capture by integrating the best US and European technologies.
Background (Description of Check 21 and RDC)
For over a decade Digital Check has been marketing small desktop check and document scanners with a vision that eventually every bank in the country would be scanning images and clearing on those images rather than on the paper document. It wasn’t until October 28, 2003 that that vision took a giant leap toward reality with the passage of the Check Clearing for the 21st Century Act (Check 21). One year later, on October 28, 2004 the law took effect allowing banks to scan and truncate checks at that point.
Technology had finally converged to the point where banks could not only deploy our scanners at their branches, but also at their corporate, small business, and merchant customers. Image exchange is now a reality and banks can now do away with the passage of paper. The Fed expects that by 2010 they will cease to process paper checks completely. Banks are rolling out major teller and branch deployments. Merchants are beginning to process checks in their back offices. The market has finally caught up to the vision that Digital Check had over a decade ago.
Where will the industry go next? Only time will tell; however, Digital Check expects to be driving the direction as much in the future as it has in the past.