What is next for RDC?

As I talked to a number of vendors and prospective clients at the 2012 RDC Summit it was clear to me how far the Remote Deposit Capture Industry has evolved since its inception in 2004. It was only a number of years ago that the RDC value proposition was based on two primary factors saving a trip to the bank and faster funds availability. My, how times has changed! What was once a high value product has become a commodity in a few short years. The reason for this is simple there was too much emphasis on the cost of the transaction, instead of focusing on the benefits of RDC within a Corporates overall payment system.

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Topics: rdc risk assessment

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