Remote Deposit Capture RSS Feed
Remote Deposit Capture Newsletter
Remote Deposit Capture Group on LinkedIn
Remote Deposit Capture Group onTwitter
The Green Sheet

Email Page 
Print Page 
 Add to LinkedIn Add to Twitter Add to Facebook Add to Reddit Add to StumbleUpon 
Add to Tumblr
Search discussion boards: 

Remote Deposit Capture Discussion Boards

The Remote Deposit Capture Discussion Boards are open to the entire industry. Post comments, share news, ask questions and more with professionals from throughout the industry.
Go back to Discussion Boards
Remote Deposit Capture Discussions Discuss the ins-&-outs of Remote Deposit Capture here. No vendor solicitations here please.
Discussion Boards > Remote Deposit Capture Discussions > RDC Risk Management / FFIEC Guidance View modes: 
User avatar
Guest
rdc1 - 9/9/2008 1:26:20 AM
   
RDC Risk Management / FFIEC Guidance
There have been a number of individuals (including myself) who (mistakenly) understood that the upcoming FFIEC Guidance will not apply to Consumer Capture.... That is incorrect.

I have just confirmed, via a direct conversation with the appropriate regulators:

The FFIEC guidance on RDC will apply to all forms of Remote Deposit Capture, including Consumer Capture.

The upcoming FFIEC Guidance is primarily based upon the current state and experience of the industry (pre-september 2008), and as such is built upon the experiences of the industry to date, which is primarily a relationship between a corporaion or business and their Financial Institution. Nevertheless, risk management practices should be uniquely tailored to each FI and their RDC customer.

Currently, it is estimated the guidance will be issued in October 2008.

More on this subject, including RDC Risk Management Best Practices, will be posted soon.

User avatar
Guest
Goldleafer - 9/9/2008 6:10:53 PM
   
Re: RDC Risk Management / FFIEC Guidance
Are you sure this is correct? At the GACHA Solutions 2008 conference (during the FFIEC presentation) I thought the presenter specifically stated that the FFIEC guidance would NOT address consumer capture. Please re-confirm that FFIEC guidance DOES cover consumer capture

User avatar
Guest
rdc1 - 9/9/2008 7:16:48 PM
   
Re: RDC Risk Management / FFIEC Guidance
Thanks for your post... Yes, I confirmed with the same presenter from the FFIEC. The FFIEC Guidance will apply to all types of Remote Deposit Capture, including Consumer Capture.

User avatar
Member
Member
Checks - 9/10/2008 12:03:11 AM
   
Re: RDC Risk Management / FFIEC Guidance
It seems only logical that the guidance would cover both the business and the consumer RDC. Thanks for the clarification

User avatar
Site admin
Site admin
Ed - 9/14/2010 6:22:53 AM
   
RE:Re: RDC Risk Management / FFIEC Guidance
I know that the FFIEC applies to all forms of remote capture but how does it cover mobile deposit? Should there be special guidelines for mobile deposit?

Recent Forum Posts

RE:USAA Patents - Mitek Actions with the Dept. of Justice

We are planning a webinar on this topic, likely to take place in January. What specific questions do you have that can we look into and research answers to (in addition to what I have posted previously)? 
Posted on 11/21/2019 12:34:00 PM


RE:USAA Patents - Mitek Actions with the Dept. of Justice

Mitek announced quarterly earnings last week, and in their conference call with analysts, they provided some information on this matter… Mitek’s CEO, Max Carnecchia read the below from a prepared statement: Turning our attention to USAA's continued attacks on the financial indu...
Posted on 11/12/2019 11:08:23 AM


RE:USAA Patents

We reached out to USAA to try and get some of the above questions answered. Despite the fact they issued a press release on this matter and provided contact information for questions, when we contacted them, they said they are not making any comments on the matter. Here we are, trying to help the...
Posted on 11/12/2019 10:45:28 AM