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RDC & Mobile

Regulators Now Demanding New Deposit Reconciliation Practices for Banks & Credit Unions

June 21, 2016

Fed. Government: “Technological and other processes exist that allow financial institutions to fully reconcile discrepancies in deposit accounts”

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“Fraudsters are innovative & persevering—money is a great motivator!"

June 7, 2016

It should come as no surprise to security-obsessed online merchants that fraud is the leading concern of e-commerce merchants polled by the Merchant Risk Council, a Seattle-based worldwide association of e-commerce payments and risk-control executives. The MRC polled a total of 193 merchants in December and January at companies of varying industries and sizes (see their report…

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OrboAnywhere Launches with BAI Innovation Showcase (Video)

April 27, 2016

I really enjoy gatherings like last month’s BAI Payments Connect Conference because they provide an opportunity to re-engage colleagues interested in new technologies around “the check”… now, where else can you find that???

This year’s event was especially gratifying because Orbograph used the occasion to launch the new OrboAnywhere™ solution…and they recorded my presentation to create a video!

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On Second Thought…. Checks – We Love 'Em!

April 22, 2016

In the interest of equal time – Checks? We love ’em!

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2015 Top 5 Payment Trends Are Actually Happening …

March 24, 2016

What were the top five payment trends according to BAI’s 2015 Payments Connect Publication?

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The Growing Value Proposition Around Mobile Deposit

March 17, 2016

Our friends at RemoteDepositCapture.com completed a new poll on mobile RDC and found that among those participating in their survey, 28% put the value of mobile remote deposit capture (mRDC) at up to $1.00 per transaction, and just 3% said using mRDC is of no value to them.

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Remote Deposit Capture Leveraged to Address the "Underserved"

March 15, 2016

Fifth Third Bancorporation is deploying Remote Deposit Capture to attract new customers from the ranks of un- and underbanked Americans, collectively known as financially underserved.

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Omni-Channel Strategies Demand Cross-Channel Consistency

February 8, 2016

During the Omni-Channel Capture: An Evolving Strategic Direction webinar recorded live at the RDC Summit 2015 (free for RemoteDepositCapture members here), the panelists agreed that Omni-channel delivery strategies, pioneered by hospitality and retailing companies, are becoming absolutely vital for financial services.

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Embracing the OMNICHANNEL: Banks Break Free From Legacy Systems

February 4, 2016

Before “Multi-channel” become Omnichannel, the goal was to provide multiple ways to interact with a bank and your accounts. For quite a while, the ability to check balances and make deposits by any means other than walking into a bank lobby – using a web site, ATM machine, smart phone, etc. – was novelty enough.…

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ABA Tool Looks Useful for Finding Routing Numbers for Consumers, but Will It be Helpful for Bankers?

March 24, 2015

The new American Bankers Association tool for finding routing numbers could be very helpful for consumers looking for routing numbers (also referred to as routing and transit/R&T). “Routing numbers are only issued to federal and state chartered financial institutions that are eligible to maintain an account at a Federal Reserve Bank. Accuity is responsible for the assignment…

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