Automated Financial Systems Check 21 Expert To Discuss Image Exchange and Changing Payments Landscape.
Who: Ned Miltko is AFS' Payments Product Manager with responsibility
for the Payments line of business. Miltko can provide commentary
on the importance of top 100 banks preparing for Check 21 and the
significant impact image exchange will have on bank operations in
the global marketplace.
Miltko's experience with AFS and money center banks has included:
item processing management; float and bank operations with client
banks; management of payments research initiatives (including the
banking industry's first publication on image for the American
Bankers Association, "Image-Based Transaction Processing"); and
management of image exchange and operational risk. He participates
in payments industry initiatives, including membership in NACHA's
Electronic Check Council.
What: With Check 21's implementation date set for today, financial
institutions are seeking ways to derive real value from image
exchange. Many institutions have taken the proper steps to prepare
for Check 21 through development of processing platforms and
customer education, but institutions are also being challenged to
analyze and compare a multitude of new check clearing alternatives
and providers.
Miltko can educate financial institutions on how to manage their
payments business in an environment of radical change, which
includes the implementation of Check 21-- how to manage the
revenue challenge related to electronic payments; how to manage
the costs of their payments infrastructures given declining check
volumes; and how to manage fraud and other operational risks
associated with new payments products and services.
About AFS A distributed file system for large, widely dispersed Unix and Windows networks from Transarc Corporation, now part of IBM. It is noted for its ease of administration and expandability and stems from Carnegie-Mellon's Andrew File System. AFS - Andrew File System With more than 34 years of experience in delivering 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. software, AFS is the industry leader in the execution of lending and treasury management solutions for top-tier financial institutions. AFS is the only business partner willing to use its capital and technology to guarantee accretive earnings within each client's business model, both short and long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. , creating a no-risk solution. The firm is headquartered in Exton, Pennsylvania Exton is a census-designated place (CDP) in West Whiteland Township, Chester County, Pennsylvania, United States. The population was 4,267 at the 2000 census. The Exton Square Mall is located within Exton. Transportation Exton lies at the intersection of the U.S. . For more information go to www.afsvision.com. |
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