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

Add to Twitter Add to Facebook Add to LinkedIn Add to StumbleUpon Add to Reddit
Search discussion boards: 

Welcome to the Remote Deposit Capture Discussion Boards

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?


Latest posts

RE:Cost Benefit Analysis- Breaking point of when a customer would qualify for an RDC.

While there are a myriad of variables which could go into both sides of this equation, we've at least made the benefits side a bit easier for you. Try the RDC Business Value Prop Calculator: RDC Biz Calculator 
Posted on 9/19/2016 1:36:39 PM


Cost Benefit Analysis- Breaking point of when a customer would qualify for an RDC.

Im looking to create a Cost Benefits Analysis per customer to determine when its best for a customer to be offered an RDC.  Anyone else has anything they might want to share to help me create this.  Thank you
Posted on 9/2/2016 4:17:10 PM


RE:Currently looking for a RDC vendor

CAR/LAR and coupon recognition software is an important part of this solution, as it can make or break it from the standpoint of automation and accuracy (Read rate and misread rates).  If you need any information to help you on this topic, please let me know. Joe Gregory
Posted on 8/18/2016 1:51:15 PM


RE:Currently looking for a RDC vendor

One resource is to use the RDC Solution Finder, a free service provided by RemoteDepositCapture.com.  We can connect you with solution providers that meet your goals and objectives. http://www.remotedepositcapture.com/solutionfinder You can also look at the Scanner Matrix for a comparison ...
Posted on 8/15/2016 5:23:33 PM


Currently looking for a RDC vendor

Hey All, I'm researching RDC vendors for the bank i work at. i have looked pretty intensely on this website and others for a vendor comparison.   I was curious if there was any good content regarding vendors for RDC on this website or any others. We are looking for a vendor that is...
Posted on 8/15/2016 4:04:45 PM


RE:OFAC & AML Requirements

What is not clear is the clarification of what the examiners want. No clearinghouse or the FED runs payees through OFAC what technologies are available that is 100% reliable to prevent  a high speed environment like checks to be compliant? I welcome feedback
Posted on 5/31/2016 8:35:45 PM


OFAC & AML Requirements

I recently received the following inquiry about OFAC & AML Compliance regarding RDC. What are your thoughts??... I know that scanners should not be taken out of the country and FI’s should know their customers and that they are not doing any foreign items through RDC. But examiners are...
Posted on 5/23/2016 1:43:47 PM


Can mobile deposit really replace commercial RDC scanners?

This a paid advertisement posted by RemoteDepositCapture.com on the behalf of Mitek. Can mobile deposit really replace commercial RDC scanners? We think so. Most of them, anyway. Mitek's new Mobile Multi-check Capture optimizes the user experience allowing lower...
Posted on 3/25/2016 9:26:49 AM


RE:Looking for USA Based Banks accepting Third Party Checks from USA and International for Deposit

have same need -- did you ever find a bank to work with? any help appreciated, thanks in advance
Posted on 3/21/2016 11:45:12 PM


A BAD IMAGE IS CO$TING YOU!!!

This a paid advertisement posted by RemoteDepositCapture.com on the behalf of KicTeam.   A BAD IMAGE IS CO$TING YOU!!! When it comes to Remote Deposit Capture, nothing is more important than your image. And by "...
Posted on 3/21/2016 2:52:17 PM