Remote Deposit Capture

Over on the Credit Slips blog, Adam Levitin writes about the implications of remote deposit capture for the banking industry. I see a parallel between what’s happening with RDC and what happened 20+ years ago in the credit card business with the deployment of electronic draft capture POS terminals. What was essentially a paper-based local […]

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How do you handled "stranded" payments? Those received at the corporate headquarters rather than mailed to a lockbox, handed over in person to sales representatives or over the counter, and other errant checks? Over at the TAWPI blog Mark Brousseau talks to Sam Globack of WAUSAU about new developments in lockbox and remittance processing that […]

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At the Bank Lawyer's Blog there is a thoughtful discussion of remote deposit capture fraud risk and whether banks (particularly community banks) are playing it too safe. Well worth reading. (via PaymentsN ews)

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[This is just one of my series of posts from the NACHA Payments 2008 conference in Las Vegas.] Getting to Know David Peterson of Goldleaf Financial [NACHA Payments] Unlike the rest of my vendor conversations, David Peterson and I didn't talk about his company and its products (Goldleaf bought Alogent earlier this year). I reached […]

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[This is just one of my series of posts from the NACHA Payments 2008 conference in Las Vegas.] NetDeposit and the Future of Remote Deposit Capture [NACHA Payments] After exchanging "small world" stories demonstrating all the ways that Danne Buchanan and I should have crossed paths before this week, we settled into a discussion of the […]

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[This is just one of my series of posts from the NACHA Payments 2008 conference in Las Vegas.] The Global Reach of Remote Deposit Automation [NACHA Payments] David L. PetersonExecutive Vice President, Goldleaf Financial SolutionsTodd McGuireSenior Expert, Global Concepts/McKinsey Synopsis from Conference Program Remote deposit capture has not only eliminated geographic boundaries within the U.S., […]

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I took a slight detour en route home from Las Vegas (via Death Valley and Yosemite – spectacular!) and just finished writing up my observations. This year is the largest NACHA Payments conference to date (they get bigger and bigger each year) with nearly three thousand attendees. There were sessions devoted to ACH, check electronification, […]

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[I am in Las Vegas for the TAWPI Payments in Transition conference – these are my notes from one of the sessions. An index of all of the sessions and links to the rest of my notes is here. – EMc] Distributed Capture Panel Discussion Wally Vogel, President, Creditron Mary Hockridge, Executive VP, NetDeposit Brandon […]

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[I am in Las Vegas for the TAWPI Payments in Transition conference – these are my notes from one of the sessions. An index of all of the sessions and links to the rest of my notes is here. – EMc] Image Integrity—A Critical Component of Check Electronification Kerry Atha, Director of Product Development, ViewpointePerry […]

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[I am in Las Vegas for the TAWPI Payments in Transition conference – these are my notes from one of the sessions. An index of all of the sessions and links to the rest of my notes is here. – EMc] Payments in Transition Town Hall MeetingJoseph Sass, Senior Regional Manager, US BankJay Matyas, VP […]

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[I am in Las Vegas for the TAWPI Payments in Transition conference – these are my notes from one of the sessions. An index of all of the sessions and links to the rest of my notes is here. – EMc] Distributed Capture: Trends, Opportunities & ChallengesDavid Peterson, Executive VP, Goldleaf Financial Solutions [program blurb] […]

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I am in Las Vegas for the fifth annual TAWPI Payments in Transition conference (with the largest attendance yet: approximately 140 billers, bankers and vendors). TAWPI – the Association for Work Process Improvement – is focused on payments automation, distributed capture, and imaging/forms processing. The Federal Reserve's latest research indicates that 50% of consumer-to-business (C2B) […]

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Over at the TAWPI blog, Mark Brousseau asks Wally Vogel of Creditron What's the fuss over remote capture? Wally responds as follows (emphasis is mine): “The strategy of moving image capture to the point of presentment provides numerous advantages,” Wally Vogel president of Creditron, Inc., told me. “Obviously, there is the reduction of payment document […]

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Cash processing is not only time consuming but fraught with security challenges (and associated high costs of dual custody, surveillance, etc.). The astounding success of remote deposit capture of checks has prompted interest in remote CASH deposit services. Bankers are attracted to the ability to serve customers in areas where they do not have branches […]

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A recent survey by the Independent Community Bankers of America (ICBA) finds that community banks are leveraging technology and electronic payments to serve small business customers and extend their market reach. More than 1,100 community banks responded to the survey. Community banks are implementing check image clearing and settlement at an unprecedented rate. Nearly 90 […]

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