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Posts by Mehul Patel

06/28/2018

Bangor Savings Bank Debuts RDC for Canadian Items

Enhanced functionality curbs FX risk and eliminates stranded items Bangor Savings Bank, headquartered in Bangor, Maine, embodies customer experience. Founded in 1852 and driven by the motto “You Matter More”, the community bank continuously strives to create a seamless and convenient experience for the businesses and consumers it serves. Yet as a bank comprised of…

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05/10/2018

How Modern, ‘Driverless’ RDC Delights Customers, Saves Banks Time and Money

Explore in our new video series how next-generation RDC capabilities like this can improve your customer experience If you’ve read the news lately, you’ve noticed the headlines: Self-driving cars are taking to the streets. Leading automakers like Tesla and General Motors, innovative tech companies like Waymo and Apple, and ride-sharing services like Uber and Lyft are…

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02/15/2018

Customers Are Switching – Is Your FI Safe?

How to switch-proof your financial institution by putting the customer experience first in your RDC offerings Lines. A generation ago, standing in line was routine for almost any sales or service-related activity: Checking out at the grocery store. Buying a ticket at the movie theater. Getting a cab from the airport taxi rank. Checking into…

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01/10/2018

Creative Approaches to Amplify RDC Revenue in 2018

How one bank’s creative thinking generated $90,000 in potential RDC revenue—in just 25 days Time is money. We’ve all heard that old adage. It implores us to work smarter rather than harder, in order to achieve our goals. And trite as it may sound, it’s still solid advice for 2018, especially as you consider this year’s sales…

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12/13/2017

RDC Hits Maturity…Or Has It?

Analysts predict 10% annual growth in desktop RDC and staggering $768 million mRDC revenue opportunity Maturity. Eventually, it sneaks up on all of us, whether we calculate that milestone by age, state-of-mind, or simply lessons learned. Trading the bachelor sports car for a family minivan, for instance, or becoming the mentor instead of the mentee….

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11/29/2017

If Your Bank Offers RDC, Its Probably Time For A Major Upgrade

From its start, Remote Deposit Capture (RDC) has enjoyed tremendous growth in adoption, cementing its place as one of the most successful product introductions in the history of the banking industry. And by all accounts, there’s plenty of upside growth ahead for RDC, thanks to new offerings targeted to the SMB market. The SMB market…

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10/27/2017

Brush up on RDC risk management before targeting SMBs

Remote Deposit Capture (RDC) was such an alluring concept when it first appeared that aggressive banks rushed into it. The effects of this mad dash to market resulted in financial institutions buying early versions of bug-riddled systems that delivered a user experience best described as challenging. Others who built their own RDC systems would encounter…

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