What is next for RDC?

Written by: Lyle Knox

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.

Understanding the complexity of the Corporates payment system and where the pain is can be usually identified early up front in the discovery process. RDC tools and applications are essential in providing operational efficiencies and savings for a Corporate, but they are just one area within the entire payment solution. Software solutions that can transform the entire payment system are indeed the most valuable.

Originally Published July 2, 2013.

Topics:

Subscribe Now

Editor Pics

Blog Post One

Blog Post Two

Blog Post Three

Keep Reading

Adding Remote Deposit Capture to the Bank Reseller Offering

With more budget cuts across the board for all different types of financial organizations, there is...

Read More

Home State Bank chooses ETran by FTNI for Remote Deposit Capture

Omaha, Neb. March 8, 2011 – Home State Bank has served the financial needs of Larimer County,...

Read More

FTNI News: A Guide to Remote Deposit Capture Solutions

  Originally published on remotedepositcapture.com on 3/30/17.   There is no one set of criteria...

Read More