Financial Insights, an IDC Company, provides independent research services, custom consulting and detailed multiclient studies on technology issues and challenges facing the financial services industry.
In this study, we forecast the total volume of paper checks that will
be imaged and either converted to ACH transfers or truncated into
electronic checks from 2002 to 2010. To arrive at the forecast, we
first analyze the types of checks that are processed today and identify
those that are most likely to continue being processed as paper during
the forecast period. The remainder are candidates for electronic
processing of various sorts.