PYMNTS

MAY 17, 2018

Many of the remote deposit capture (RDC) systems in place today have been around for 15 years or longer. Dave Wilson, Founder and Chief Architect at DadeSystems , says even if these RDC systems are still technically functional, they offer diminishing returns as the other systems they must interface with become increasingly advanced.

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PYMNTS

MARCH 13, 2017

The paper check has a nasty reputation in B2B payments as a cumbersome, manual and risky payment rail. 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.

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PYMNTS

JUNE 11, 2018

USAA , the insurance company and bank serving current and former military members and their families, filed a federal lawsuit against Wells Fargo Bank over its use of USAA’s RDC technology. To serve everyone, the company launched a scanner-based remote deposit capture (RDC) service in 2006.

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Payments Source

FEBRUARY 3, 2020

The shift from person-to-person deposits to digital options – including mobile, ATMs and RDC – has created new challenges to fraud prevention efforts.

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PYMNTS

JANUARY 23, 2018

In the path of FinTech innovation, many expect the inevitable demise of the paper check. But the data doesn’t lie: Paper checks are alive and well, despite efforts to kill it. The latest in PYMNTS’ Kill the Check series , a collaboration with Ingo Money, highlighted the persistence of paper checks.

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PYMNTS

JUNE 12, 2018

A recently filed federal lawsuit over remote deposit capture technology (RDC) could signal the start of a wider patent-infringement struggle among banks, according to experts. USAA operates only four branches, using scanner- and smartphone-based RDC to serve a global base of customers. The lawsuit seeks unspecified damages.

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PYMNTS

DECEMBER 27, 2018

For receivables, Berdan noted that larger banks have done well with lockboxes as have smaller banks have with remote deposit capture (RDC). Beyond larger institutions, smaller banks can enter the market by using newer capabilities with Remote Deposit Capture (RDC).

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