Remember when you used to get canceled checks in a in a thick envelope from the bank along with your monthly statement? That doesn't happen much anymore. Today, many banks scan those canceled checks and make them available for online viewing. Additionally, they're considered by federal banking laws to be "original documents," meaning they are "original forms with signatures" and can be used for legal purposes such as transaction and/or payment disputes with merchants.

I'm not trying to give you a banking lesson; my purpose is to provide a picture of what is happening with IT on a global basis. During the last five years, the percentage of unstructured content (such as the scanned images of the canceled checks) in enterprise information systems has been rising like a rocket.

Register or login for access to this item and much more

All Information Management content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access