New a2ia CheckReader Partnership Enables Philippine Banks to Automatically Process Check under the Check Image Clearing System
a2ia CheckReader has been integrated into a leading business process outsourcing (BPO) solution to address new check image truncation requirements in the Philippines. With the Philippine Clearing House Corporation’s (PCHC) recent adoption of check image truncation, known as the Check Image Clearing System (CICS), banks may now utilize the digital image of a check instead of the original paper version, and transmit it electronically for payment and collection of funds.
