VOLTAIRE'S PORCH-MODERATED Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mannie who wrote (1783)	9/16/2000 7:17:46 PM
From: Clappy	Read Replies (1) of 65232

Scott, A company with the symbol HYC has been pushing this technology for some time now. The check gets scanned and is now put into the store/corporation's data base. One major problem with retailers is handling checks. Up until now, they have to be handled by human hands. If a check bounces it gets handled by much more than one set of human hands. This new process automates the the system where this piece of paper is digitized and easily searchable between merchants and banks. It's just another means of streamlining the entire process. I had done some DD on HYC a while back. They must have a great PR firm. They put out a lot of news. However, they have nearly no volume which was a major turn-off to me. I'm sure there are others with this technology. HYC is just one that I know of. -Clappy

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next