In the context of remote bank transactions, what does imaging allow banks to do?

Imaging in the context of remote bank transactions refers to the technology and processes that allow banks to capture images of checks and other documents. This digitization enables banks to facilitate electronic processing by converting physical documents into electronic formats. As a result, checks can be deposited remotely via digital channels, streamlining the entire banking process. By using imaging, banks can quickly verify and process these transactions without the need for the physical presence of the checks. This significantly enhances efficiency and reduces the time necessary for clearing funds, providing benefits for both banks and their customers.