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Posts tagged with "RDC"

10/15/2018

Amazon Insurance & The Consumerization of Payments

Last month, Mr. Bezos officially entered India’s insurance market. The rumors swirled all summer, especially after Amazon’s acquisition of PillPack, an online pharmacy that’s giving brick-and mortar-operations a run for their money If Amazon could eventually master the payment processing complexities of the medical industry, why couldn’t they consider the insurance market? Some insurance experts…

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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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05/03/2018

Sales vs. Accounting: How to Spur a Truce with Technology

It’s an all-too-familiar tale: the divide between the sales and accounting departments. Field representatives pounding the pavement to line up as many deals as they can. They’re building relationships and cultivating brand loyalty with their cash-strapped customers who have a sharp eye out for the best possible value for their dollars. The field representatives collect…

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12/07/2017

Forbes, Faster Payments, and FinTech: Cutting-Edge Banking Topics at Deluxe Exchange 2018

Hundreds of movers and shakers in the banking industry will mix, mingle, and get up to speed on the latest industry topics when Deluxe Exchange (aka DX18) takes place in Boca Raton, Florida, Feb. 5-7. The annual banking conference sponsored by Deluxe Financial Services attracts leading treasury management, retail banking, and marketing executives from across…

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09/13/2017

[Webinar] Next Generation of RDC Solutions for Small & Mid-Size Business Markets

Financial institutions have made remote deposit capture a cornerstone service offering. The race to be the first institution to offer remote deposit capture is now over and the competition for a largely untapped SMB market has begun. Now more than ever, it’s important to be armed with the right solution offerings that allow for quick…

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11/07/2016

Shades of Gray: Brazil’s Odd Check Clearing Rule

Brazil’s banking industry association, FEBRABAN, caused a minor uproar earlier this year when it made the .PNG file its official legal format for scanned check images. While the move got little attention outside of its narrow industry niche, it had many banks complaining about operations nightmares and clamoring to get the decision reversed. Why was…

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07/28/2015

Location Awareness Mitigates RDC Fraud-Related Risks

By Eric Benson, Deluxe Corporation Rising out of the passage of The Check Clearing for the 21st Century Act (Check 21 Act) of 2004, the introduction of Remote Deposit Capture (RDC) technology has helped merchants and small business owners manage their receivables and check clearing activities for over 10 years. Commercial and retail customers of…

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