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Image Industry Interoperability Group – i3G
The Image Industry Interoperability Group, or i3G, was formed in mid-2008 to address the remaining exceptions issues hindering straight-through check processing. The group is comprised of representatives from Bank of America, the Federal Reserve Banks, Frost Bank, ICBA (represented by Midwest Independent Bank), JP Morgan Chase & Co, Southwest Corporate Credit Union, US Bank, Sterling Savings Bank and Wells Fargo/Wachovia.
04/02/09
i3G’s foremost initiative is providing industry best practices for specific electronic check processing impediments. The first round of issues, referred to as “last mile” exceptions issues, and their proposed solutions can be viewed here.
02/10/09
i3G Press Release: New Check Image Industry Workgroup Recommends Solutions to Eliminate Lingering Barriers to Check Image Exchange.
01/08/09
i3G’s announcement FedFocus article can be viewed here.
i3G’s round one exceptions solutions FedFocus article can be viewed here.
For more details about i3G and proposed industry solutions, visit i3G’s LinkedIn group page.