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This sponsored content article is provided to the credit union community for shared insights and knowledge from a recognized solutions provider in the industry. Please note that the views and opinions offered here do not reflect those of Callahan & Associates, and Callahan does not endorse vendors or the solutions they offer.

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March 17, 2008

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Bret Weekes

7/26/2012 03:58 PM

The article does illustrate some of the benefits of C21 processing but doesn''t provide enough information on the challenges associated with it. Although WesCorp may enjoy over 50% of it''s items clearing electronically, as a overall market, we have yet to crest the 50% benchmark. Additionally, no reference is made to the significant risk assoicated with personal and merchant capture the FI''s assume when using that technology. I''d love to see a little more concern about risk assessment, as apposed to a marketeer slant. Not to discourage but to educate a woefully under educated market segment.

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