Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following is a financial technology solution that enables the payee to transmit a scanned image of a check to its bank (for

Which of the following is a financial technology solution that enables the payee to transmit a scanned image of a check to its bank (for clearing and settlement)?

Select one:

a.

MICR line

b.

ACH system

c.

Correspondent banking

d.

Remote deposit capture

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Management In The Public Sector Tools Applications And Cases

Authors: Xiaohu Wang

2nd Edition

0765625229, 9780765625229

More Books

Students also viewed these Finance questions

Question

Did the authors address group similarities and differences?

Answered: 1 week ago