FISC Solutions Becomes a Sponsoring Organization of the Electronic Check Clearing House Organization (ECCHO)

Lewiston, ME, May 21, 2009 --(PR.com)-- FISC Solutions has become a Sponsoring Organization of the Electronic Check Clearing House Organization (ECCHO). This membership allows FISC clients the opportunity to become Sponsored Members of ECCHO and take advantage of the protection offered by the ECCHO rules for Electronic Check Presentment and Image Exchange, thereby reducing their potential risk.

ECCHO provides an approved rule set for electronic image exchange that has been adopted by all FISC clearing partners and ensures that FISC clients will have avenues and recourse for issues such as disputed items, and returns.

“We believe becoming a sponsoring organization of ECCHO will only strengthen FISC’s image exchange program,” said Jill Parker, Senior Vice President of Operations. “FISC is committed to a secure and reliable network and service platform that our customers can benefit from.”

Banks created ECCHO in 1990 as a cooperative venture to encourage the use of electronics to enhance the check collection system. ECCHO’s primary activities can be divided among three functions: 1) rules development and maintenance, 2) industry education and 3) industry advocacy.

About FISC
Headquartered in Lewiston, Maine with offices in Portsmouth, New Hampshire, FISC has provided services and solutions to financial institutions, corporations and non-profits for more than 30 years. The company designs and implements full-service outsourcing solutions that make the operations of financial, insurance, government, not-for-profit, and other organizations more efficient and more affordable. FISC’s core services include item processing and electronic clearing, software solutions, loan servicing, lockbox and disaster recovery services. In addition, FISC offers comprehensive statement and invoice printing, delivery, design and management. For more information, visit www.fiscsolutions.com or call 1.888.433.4924.

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