The impact of Check 21 will become apparent as an increasing number of financial institutions begin to utilize electronic processing. As a trusted partner and leader in the check printing industry, MYOB is a knowledgeable resource for helping financial institutions and their customers navigate these changes.

Here are some of the ways we are preparing to make the transition easier:

Product and Image Quality: MYOB is committed to image quality, and our products are designed and tested to meet industry standards. Education: Check 21 will likely cause confusion among consumers and those in the industry when the legislation is implemented in October. Education is the key. As changes develop, MYOB will monitor and update our tools and resources to make this transition easier for financial institutions Check Security and Fraud Prevention: MYOB is testing existing and new security features to ensure that checks will remain one of the most popular and safe methods of payment. Innovation & Opportunities: Check 21 will promote change and create more choices for customers and small businesses. MYOB is participating in industry groups to identify areas where future change is needed Impacts to Check Operations: Check 21 will encourage automation and provide a more streamlined approach to check processing.