A new report from Forrester explores Remote Deposit for consumers. USAA is already doing it (see previous post).
USAA has seen success in deposit growth since it began offering remote
deposit capture (RDC) capabilities to consumer depositors. Although RDC
adoption by businesses has been growing at a very fast rate, Forrester
believes that the service for consumers needs time to enable more
secure capabilities against fraud to be put in place, and to see if
mass-market consumers actually realize any benefits beyond convenience.
But with check writing quickly dwindling as a payments instrument, RDC
for consumers might not have time to evolve into readiness for mass
adoption, in which case it is likely to be a bridge technology relevant
for a maximum of 10 years.
Coming Soon: Remote Deposit Capture For Consumers?
The Payments Landscape Will Drive RDC Adoption
by Mary Pilecki
July 27, 2007