PYMNTS

MAY 17, 2018

Legacy systems can be a problem across the board in the payments industry, and corporate deposits are no different. Many of the remote deposit capture (RDC) systems in place today have been around for 15 years or longer. Checks can be lost, misplaced, or simply deposited late.

RDC 46

RDC Remote Deposit Capture Checks Automation 46

The Paypers

DECEMBER 1, 2017

(The Paypers) Ensenta has announced that Live Oak Bank has integrated its Multi-Check API to offer multi-check remote deposit capture (RDC) to its small business customers.

Remote Deposit Capture 34

Remote Deposit Capture RDC API Mobile Banking 34

PYMNTS

OCTOBER 17, 2016

740 million went unclaimed by SMEs simply because they forgot to cash a check last year , meaning mobile remote deposit capture (mRDC) technology providers have a major opportunity to push their solutions into the SME market. 78% of U.S.

Technology 76

Technology Remote Deposit Capture Small Business Automation 76

PYMNTS

DECEMBER 10, 2020

Or consider the fact that remote deposit capture still isn’t universally offered. But McCarthy added that just as it took years to convince customers to stop writing checks to the grocery store, so too will it take time for everyone to embrace modern digital commerce. The Digital Shift Will Stick … But Might Take Time.

Compliance 104

Compliance Innovation Remote Deposit Capture Online and Mobile Banking 104

Faster Payments Council

MARCH 15, 2023

The Spring Member Meeting will bring together FPC members for two days filled with presentations on the most pressing issues in faster payments, panel discussions with industry experts, roundtables on timely topics, and engaging networking opportunities. This in-person event will take place on March 20-21, 2023, at the Loews Kansas City Hotel.

FPC 88

FPC ISO 20022 Cross-Border Payments Federal Reserve 88

PYMNTS

OCTOBER 7, 2019

While many businesses large and small continue to rely on the legacy method of expense management — that is, requiring employees to front the bill, manually fill out expense reports, and submit spreadsheets for paper check reimbursements in the mail — FinTech innovation has opened the door for significant improvements in this arena.

API 51

API Remote Deposit Capture Payment APIs and Integration Commercial Card 51

PYMNTS

OCTOBER 24, 2017

Arya already provides features for corporates, including remote deposit capture for check deposits, employee transaction tracking and other tools. Companies can set up automated and expedited payments with the new features, VSoft said, and control accessibility for their employees.

Remote Deposit Capture 43

Remote Deposit Capture Wire Transfer Small Business Wires 43

PYMNTS

APRIL 23, 2020

Banks have] also increased limits on remote deposit capture, so even for the larger transactions, clients can use digital capabilities more than they would have before the crisis.”. Digital capabilities are useful given current circumstances, but the outbreak will eventually recede.

Online and Mobile Banking 90

Online and Mobile Banking Remote Deposit Capture Small Business ATM 90

PYMNTS

FEBRUARY 22, 2017

21) that FTNI will provide AR processing services for Horicon Bank’s corporate banking clients, which will have access to a single SaaS platform to accept payments across payment rails, including ACH, check, cards and cash. The companies revealed Tuesday (Feb.

Remote Deposit Capture 40

Remote Deposit Capture Online and Mobile Banking Automation Lockbox 40

PYMNTS

OCTOBER 31, 2017

One of the biggest pro-check arguments in B2B payments today is that the payment rail lets corporate payers get a few extra days off to float cash. It’s the “check’s in the mail” argument that allows businesses to hold onto money just a bit longer between the time they mail the check and the time it’s cashed.

Treasury Management 41

Treasury Management Treasury Remote Deposit Capture Disputes 41

PYMNTS

AUGUST 4, 2017

With the platform in place, ICBA members can easily access ACH solutions, remote deposit capture and card payment transactions. Giorgio said she mailed the contractor a check that did not clear for at least a week. Giorgio shared a personal experience about hiring a contractor to add a new roof to her home.

Community Banks 46

Community Banks Faster Payments Innovation Same Day ACH 46

PYMNTS

MAY 31, 2018

In the homeowners’ association (HOA) vertical, more than 70 percent of property vendor payments are still made via paper check. Dave Wilson, founder and chief architect at DadeSystems , said that legacy remote deposit capture systems only solve the first part of the equation. AvidXchange.

Remote Deposit Capture 43

Remote Deposit Capture Automation Cross-Border Compliance 43

PYMNTS

MAY 31, 2018

In the homeowners’ association (HOA) vertical, more than 70 percent of property vendor payments are still made via paper check. Dave Wilson, Founder and Chief Architect at DadeSystems , says legacy remote deposit capture systems only solve the first part of the equation. AvidXchange.

Remote Deposit Capture 40

Remote Deposit Capture Automation Cross-Border Compliance 40

PYMNTS

NOVEMBER 19, 2019

And we came along with ubiquitous mobile remote deposit capture, so now consumers can put their checks into any account they want from a single app in minutes.”. “Then the online lenders rose up and said they could do lending better and faster than the banks.

Instant Payments 43

Instant Payments Online and Mobile Banking Remote Deposit Capture Push-to-Card 43

Wharton Fintech

OCTOBER 30, 2023

There’s obviously a ton more integrations, you know, with respect to third parties like eStatements and BillPay and Remote Deposit Capture and Check Imaging and Security and BSA tools. Again, I don’t want to lower our hiring bar five years from now, even though we’ll be a thousand-employee company.

API 130

API Online and Mobile Banking FedNow Credit Union 130

Fintech Labs Insights

JUNE 7, 2016

With MOX Pay from Malauzai Software , community banks and credit unions will be able to offer their business customers apps that will enable them to accept payments via remote deposit capture (RDC).

RDC 16

RDC Remote Deposit Capture Credit Union Online and Mobile Banking 16

Fintech Labs Insights

APRIL 12, 2024

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) (..)

Online and Mobile Banking 15

Online and Mobile Banking Innovation FinTech NOV 15

Fintech Labs Insights

JULY 20, 2016

Remote deposit capture. 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. Source: Crunchbase. CardsMobile.

P2P 13

P2P Underwriting FinTech Remote Deposit Capture 13

PYMNTS

MAY 7, 2020

Although a recent uptick in B2B payments innovation has accelerated corporates’ migration away from the paper check, old habits die hard, and the legacy payment tool remains a mainstay in the accounts payable (AP) department. “Checks will be around for a while. Preserving Check Workflows.

Checks 67

Checks B2B Payment APIs and Integration Remote Deposit Capture 67

PYMNTS

JUNE 14, 2018

Paper checks have become the ugly (yet popular ) duckling of the B2B payments industry. But there is one benefit of paper checks that cards and even ACH aren’t able to provide sellers: a mitigated risk of chargebacks. According to Skala, checks can be “very beneficial,” largely due to their lack of chargeback risk.

Checks 40

Checks Risk Gateways Push-to-Card 40

PYMNTS

APRIL 26, 2016

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.

Checks 40

Checks B2B ACH Remote Deposit Capture 40

PYMNTS

FEBRUARY 24, 2020

They don’t have to go to the bank to cash a check, and can instead use mobile remote deposit capture. They don’t have to sit at home and write checks to pay the bills — they can use online or mobile bill pay to get the job done. Consumers don’t have to wait for a taxi, and can instead use Uber or Lyft.

Economy 83

Economy Online and Mobile Banking Remote Deposit Capture Innovation 83

Evolve Payment

JANUARY 21, 2025

Digital check processing with Biller Genie is secure, efficient, and, most importantly, affordableit costs your business the same as the stamp your customer would purchase to send you a paper check in the mail. You can scan and deposit checks electronically from your office using a secure check reader.

ACH 52

ACH RDC Remote Deposit Capture Innovation 52