Remove Checks Remove Mobile Deposit Remove Remote Deposit Capture
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USAA Sues Wells Fargo Over RDC Technology

PYMNTS

District Court in Marshall, Texas, accuses Wells Fargo of infringing on four of its mobile remote deposit capture patents. To serve everyone, the company launched a scanner-based remote deposit capture (RDC) service in 2006. Later, it released remote capture services for smartphones. “To

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Ariba Network Adds Mobile Check Deposit Support

PYMNTS

Mobile capture firm Mitek is now supporting mobile check deposit for B2B clients using the Ariba Network. The solution will use Mitek’s MiSnap Multi-Check Capture and Mobile Deposit applications, the firm said.

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A Reality Check For B2B Payments

PYMNTS

In a perfect world, some might argue, paper checks wouldn’t exist. Payment processing firm iStream first launched more than a decade ago to provide its Remote Deposit Capture technology for companies that need to collect payments in the field in the form of checks. Reality, of course, is far from this utopia.

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DataVisor and Mitek Team Up to Help Financial Institutions Fight Check Fraud

Finovate

DataVisor will integrate Mitek’s Check Fraud Defender solution into its platform to offer FIs real-time check fraud decision orchestration. The partnership will enable financial institutions to execute real-time orchestration of check fraud decisions, minimize fraud losses, and boost operational efficiencies.

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Fintech Hall of Fame: The Top Digital Innovations in Financial Services

Fintech Labs Insights

Innovations from 1995 to 2014 (with launch dates) Note: Ranking as of Jan 2014 Wells Fargo is first in the world to offer Web-statement access (launched May 1995) Security First Network Bank launches first full-service Internet bank brand (Oct 1995, disbanded 2002) PayPal launches first online optimized payment system (Nov 1999, bought by eBay in 2003) (..)

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Fintech Fundings: 35 Companies Raise $470 Million the Third Week of June

Fintech Labs Insights

Remote deposit capture. NFC-based mobile payments. Tags: SMB, ACH, payments, bank transfers, merchants, point of sale (POS), checking accounts, Finovate alum. Source: Crunchbase. Cachet Financial Solutions. Latest round: $2.55 million Convertible Note. Total raised: $26.86 HQ: Minneapolis, Minnesota. CardsMobile.

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