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FCA and PSR Boards Appoint New Chair to Decision-Making Committees

Fintech Finance

The FCA and PSR Boards have appointed Alison Potter as chair of the FCA’s Regulatory Decisions Committee (RDC) and the PSR’s Enforcement Decisions Committee (EDC). Bernadette Conroy, FCA non-executive director and chair of the FCA’s Risk Committee, said: ‘I am delighted to welcome our new RDC and EDC chair.

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DadeSystems: Time To Replace Outdated RDC

PYMNTS

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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Alison Potter appointed as chair of FCA and PSR decision making committees

Finextra

The FCA and PSR boards have announced the appointment Alison Potter as chair of the FCA’s Regulatory Decisions Committee (RDC) and the PSR’s Enforcement Decisions Committee (EDC).

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USAA Sues Wells Fargo Over RDC Technology

PYMNTS

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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Rich Data Corp rouns out $37 million Series B with $9 million top up from Acorn Capital

Finextra

Rich Data Co (RDC), an industry leader in artificial intelligence (AI) decisioning for business and commercial lenders, has secured a $9 million investment from Acorn Capital, a firm specialising in emerging companies.

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M&T Bank taps nCino for credit monitoring

Finextra

The solution is powered by nIQ and leverages Rich Data Co’s (RDC) AI decisioning platform.

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Unlocking Paper Checks’ Potential With APIs

PYMNTS

Today, Ballagh said, RDC technology has advanced to make the process of accepting a check even more seamless. Historically, businesses deployed RDC technology by integrating a desktop scanner into the workplace. As RDC technology progresses, it will continue to develop in the world of enterprise mobility, the executive said.

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