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2017 Mobile Remote Deposit Capture Industry Report Now Available from

Thursday, February 08, 2018 ( /

4th Annual mRDC Industry Study Details Markets Served, Policies, Pricing, Risk Management Tools Used, Losses, the Industry Duplicate Loss Rate, Cost / Benefit and more
Alpharetta, Ga – February 8, 2017 – Mobile Remote Deposit Capture is a winning proposition for financial institutions large and small. Among banks and credit unions participating in the 4th Annual mRDC Industry Study, just completed by, 95% believe the benefits of mRDC “outweigh” the costs and risks, while 63% said the benefits “far outweigh” costs and risks.
“Mobile deposit is a truly a homerun for banks and credit unions,” said John Leekley, Founder and CEO of “It drives real value for offering institutions, and despite some concerns expressed early on, broad adoption has not triggered massive losses from duplicate deposits. In fact, nearly 3 out of 4 financial institutions participating in the study this year reported no losses attributable to mobile deposit.” The share of FIs reporting losses from mRDC has remained relatively unchanged for the last 3 years, Leekley added.
Further evidencing this trend, the latest mRDC Industry Study reveals that the Duplicate Loss Rate, the only true measure of mRDC fraud, was approximately 0.035%, or fewer than 3.5 duplicate losses for every 10,000 items deposited by customers using mobile devices. This compares to an industrywide check return rate of 0.4%, or about 40 of every 10,000 checks deposited. “This is great news for the industry,” Leekley said. “It indicates that financial institutions are leveraging available risk management tools and strategies to close what fraudsters see as a potential window of opportunity created by mobile deposit.”
The mRDC Industry Study, conducted by, reveals unparalleled insights into how banks and credit unions are deploying mobile RDC across customer segments. The study draws from an online survey completed by nearly 200 financial institutions during Q2 and Q3 2017.
“Insights gleaned from the study will help financial institutions benchmark their mobile deposit offerings against those of their peers, and to evolve strategies for pricing, managing risks and expanding adoption,” said Leekley.
The 40-page report contains over 50 charts, graphs and tables which detail insights on the following mRDC Industry attributes and markets:
  • Respondent Demographics
  • Market Details
    • Consumer
    • Small & Mid-Sized Businesses (SMBs)
    • Corporate / Treasury
  • Length of Offering
  • Current & Future Target Markets
  • Deposit Limits; Policy Approaches, Daily and Monthly Limits
  • Funds Availability
  • Pricing Details
    • Pricing Approaches
    • Actual pricing
  • Risk Management Tools used
  • Losses
  • Losses by Segment
  • Reactions to losses
  • The Industry’s Duplicate Loss Rate
  • Perceived Cost / Benefit
    • From All Respondents
    • From Respondents Offering mRDC at least 3 years
Cost of the 4th Annual mRDC Industry Study Report is just $479 for members of Click here to learn more about and purchase a copy today.
About is the de facto trade association for the Remote Deposit Capture Industry. From educational webinars, topical research and original news and analysis, to solution directories, business tools and access to knowledge experts, is the only information and service portal devoted to RDC and Payments. Visit to learn more. And while there, consider becoming a member of Annual memberships for FI individuals are just $599 and offer unlimited, free or discounted access to a comprehensive range of professional development and RDC implementation tools, including many webinars and research reports.  


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