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The Incredible Shrinking Federal Reserve
In February, the Federal Reserve announced that it would reduce its number of bank check-processing sites from 45 to 32 and the number of check-adjustment sites from 43 to 12. Can the consolidated Federal Reserve centers handle the increased processing burden?
JPMorgan Chase Seeks To Triumph with ARC
JPMorgan Chase, in conjunction with J&B Software, Blue Bell, Pa., has established a firm foothold in the market for accounts receivable check conversion (ARC) solution at retail lockbox providers.
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