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So the checks were sent to another check processing center in Lodi, N.J.
It includes three main modules that allow for fully automated bank check processing.
UNISYS CORP., -- Blue Bell, Pa., a computer services company, agreed to manage the check processing operations of Barclays Bank and Lloyds/TSB Group P.L.C. of Britain.
The term "check processing region" means the geographical area served by a Federal Reserve bank check processing center or such larger area as the Board may prescribe by regulations.
Scenarios development enables the designer to check processing alternatives as well as biomass promotion mechanisms that fit the concerns of various stakeholders.
The term "check clearinghouse association" means any arrangement by which participant depository institutions exchange deposited checks on a local basis, including an entire metropolitan area, without using the check processing facilities of the Federal Reserve System.
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Three cash-and-check processing facilities and 18,000 employees got the chop, cumulatively saving $3 billion in the three years since the merger.
BofA's now-abandoned fee would only have applied to debit card swipes; paper-check processing would still have been provided for free.
He works for a banking service company, where he is a technician helping to maintain check-processing computers.
The central bank, which has 43 check-processing offices nationwide, also began a nationwide computer modernization project last year.
J.P. Morgan Chase & Company settled claims yesterday that its businesses infringed on two check-processing patents by the DataTreasury Corporation.
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