Remove 2016 Remove AFP Remove Remote Deposit Capture
article thumbnail

Don’t Write Off The Paper Check Just Yet

PYMNTS

Earlier this month, the company announced a buyback program to help financial institutions (FIs) trade in their broken Remote Deposit Capture (RDC) tools for an upgrade. Separate data from the Association for Financial Professionals (AFP) found use of the paper check increased in 2016.

article thumbnail

Unlocking Paper Checks’ Potential With APIs

PYMNTS

Yet data from the 2016 Association of Financial Professionals’ Electronic Payments Survey released last September actually found a 1 percent increase in corporates’ use of paper checks compared to two years ago. One of the largest technological developments that impacts check is remote deposit capture.

RDC 77