MyECheck Inc., a leading provider of comprehensive Check 21 imaging, processing and related solutions, is pleased to announce that its CEO, Mr. Ed Starrs, will be appearing on Market News First (MN1) for a live web-cast on May 31st at 11:45am Central Daylight Time.
The web-cast may be viewed at http://www.mn1.com/.
Mr. Starrs will be addressing how his company has become a leader in the Check 21 image software industry, and what new developments are being made in online banking.
The Check Clearing for the 21st Century Act (Check 21) was signed into law on October 28, 2003, and became effective on October 28, 2004. Check 21 is designed to foster innovation in the payments system and to enhance its efficiency by reducing some of the legal impediments to check truncation.
The law facilitates check truncation by creating a new negotiable instrument called a substitute check, which permits banks to truncate original checks, to process check information electronically, and to deliver substitute checks to banks that want to continue receiving paper checks.