Image Quality Analysis (IQA) in check processing software refers to the process of assessing the clarity, accuracy, and completeness of images of checks.
Image Usability Analysis (IUA) in check processing software refers to the evaluation of digital check images to determine their suitability for processing and decision-making.
Image-enabled ATMs and ITMs allow account holders to deposit checks by scanning their images directly at the machine. These ATMs and ITMs are equipped with image-capture technology that scans the front and back of checks, converting them into digital images that are securely transmitted to the bank or credit union for processing.
Implementing an imaging system at a financial institution is a multi-faceted process that requires the right mix of time, resources, internal capabilities, and vendor guidance.
Imaging quality control is the process of verifying that documents have been digitized, stored, and organized in a way that aligns with an organization’s standards.
Information Lifecycle Management (ILM) for financial institutions is a strategic approach to managing data that encompasses the entire lifecycle of information, from its creation to its eventual disposition.
Intercepted Checks refer to checks, particularly tax refund checks, that are stolen from mailboxes, mail carriers, or during transit before they reach the intended recipient.