ADVISORY/S1 Corporation Hosting `The Long and Short of Check 21' Webinar; TowerGroup Expert to Discuss the Implications and Different Approaches to Consider.Business Editors ADVISORY...for Thursday (April 22) --(BUSINESS WIRE) S1 Corporation (Nasdaq: SONE)
Who: S1 Corporation, a leading global provider of Enterprise
solutions for the financial services industry.
What: Webinar featuring leading industry analyst Bob Hunt from
TowerGroup will discuss "The Long and Short of Check 21."
When: Thursday, April 22, 2004 from 11 a.m. to 12 p.m. EDT
Where: To register go to www.s1.com
Although the Check Processing for the 21st Century Act (Check 21) does not mandate the elimination of the forward presentment presentment: see indictment. of checks, it does pave PAVE Cardiology A clinical trial–Post AV Node Ablation Evaluation the way for modernizing the process. Beginning this October, banks will be able to present checks using three different methods, each with its own technology and handling requirements. TowerGroup expects this multiple check presentment model to last for several years before full electronic presentment using image technology becomes the final model. S1 Corporation is hosting a free 60-minute Webinar featuring Robert Hunt Robert Hunt may refer to:
tr.v. en·ti·tled, en·ti·tling, en·ti·tles 1. To give a name or title to. 2. To furnish with a right or claim to something: : "The Long and Short of Check 21." Hunt will share his insights on: -- Differing perspectives on the legislation from the viewpoint of the Federal Reserve System, banks, vendors, corporations and consumers; -- Overview of new technologies that, combined with Check21, will allow U.S. banks to reengineer transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. ; -- Long and short-term implications for Check 21; and -- Different approaches to consider for different size financial institutions - from large to small. In addition, participants will have the opportunity to discuss the implications for their institutions with Hunt and other experts during a live Q&A session. About S1 Corporation S1 Corporation (Nasdaq: SONE) is a leading global provider of enterprise software solutions for more than 4,000 banks, credit unions and insurance providers around the world. Comprised of applications that address virtually every market segment and delivery channel, S1 solutions help integrate and optimize optimize - optimisation an institution's entire front office, resulting in increased operational efficiencies, revenue opportunities and overall customer satisfaction. S1 is the only provider with the proven experience, breadth of products and financial strength to empower empower verb To encourage or provide a person with the means or information to become involved in solving his/her own problems financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. companies' enterprise strategies. Additional information about S1 is available at www.s1.com. |
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