Vintage Chronicles

"Black Ink worked closely with us to incorporate Check 21 technology into our existing technology platform. Not only did the new system improve processing speed and accuracy, it resulted in increased cash flow and reduced issues surrounding returned checks."

George Karfunkel
President
American Stock Transfer & Trust Company

Black Ink Data: Revolutionizing the Speed at which Businesses Access their Cash

As we look ahead and continue to grow within the financial services industry, we have identified a company that has tremendous potential for success and wanted to share it with you first hand. We would like to tell you about a service that you should consider for your business that will expedite your cash flow.

Businesses today do not realize that there were laws implemented two years ago by the Check Clearing for the 21st Century Act. A company called Black Ink is revolutionizing the speed at which businesses can access their cash with its DirectFed Deposit program. Black Ink has developed a secure software application to convert paper checks into electronic images and forward them directly to the Federal Reserve for clearing, bypassing traditional banks and putting the cash in your account next day.

Once you have decided quicker access to your cash is good for your bottom line, Black Ink can set you up in as little as a week, using the following two steps:

1.) Since your checks will go directly to the Federal Reserve Bank, a pass through "Window to the Fed" account will be activated by Black Ink with a partner bank in order to allow your checks to securely travel on the Virtual Private Network of the Federal Reserve Bank for subsequent deposit into your existing bank.

2.) Black Ink will send you the compact scanner system and related software for your PC. They will also work with you directly to ensure proper installation and train your personnel on all aspects of the user-friendly software.

We welcome the opportunity to introduce you to Black Ink to improve your company's financial performance. If interested in more information, please email or call us at the contact information below.

Thank you for your consideration,