solutions. The company also provides automated clearing house and conversion services, such as back office conversion, accounts receivable conversion, point-of-purchase check conversion, re-presented check entry, prearranged payment and deposit, corporate credit or debit, electronic phone check, and Internet-initiated entry solution. In addition, it offers iAuth, a least-cost payment verification system; loss and recovery services, such as balanced consolidated returns, electronic check re-presentment, traditional collection, and district attorney/attorney network solutions; and Lockbox to improve cash flow and streamline payments. Further, the company provides solutions in the areas of decoupled debit, and loss and recovery management. FEDChex, L.L.C. was founded in 2001 and is headquartered in Irvine, California.