The Federal Reserve's participation in the Image Payments...

The Federal Reserve's participation in the Image Payments Network, along with the participation of an increasing number of banks, reinforces the fact that image exchange is no longer a vision, but rather a real strategic opportunity to streamline operations and reduce costs. The Fed's ability to send images through the Image Payments Network will accelerate the movement toward image exchange and underscores the important role that the Image Payments Network is playing in this new era of digital check images.