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RDM Corporation, a leading developer of specialized software and hardware products for electronic payment processing and Remote Deposit Capture (RDC) solutions, announced today the introduction of Simply Deposit(TM).
(RDM Corporation, 04/15/2008)
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Parascript, LLC and VSoft Corporation today announced that Synergent, a leading item and data processing services provider, eliminated costs associated with manual item capture, processing and delivery, including courier services, with VSoft's Branch Capture product that includes Parascript's check recognition technology.
(Parascript, LLC, 04/14/2008)
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MagTek, Inc., a global provider of the most secure electronic payment technology, today announced the availability of the Excella MDX, a compact check reader and dual-sided scanner that offers a cost-effective alternative to implement PC-based electronic check applications, including Check 21, BOC, POP, ARC, and Remote Deposit Capture.
(MagTek, Inc., 04/14/2008)
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USAA is no longer the only financial institution offering consumers the ability to deposit paper checks from the comfort of home using standard home scanning technology.
(www.netbanker.com, 04/13/2008)
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SVPCO, the paper and electronic check exchange business of The Clearing House Payments Company L.L.C., today reported that average daily check image volume more than doubled in February compared to a year ago.
(The Clearing House, 04/11/2008)
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A new report from Aite Group, LLC analyzes the major trends currently shaping the U.S. remote deposit market, and the new demands of bank customers. The report also looks at the leading technology vendors that provide remote deposit capabilities.
(Aite Group, 04/11/2008)
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MainStreet Bank today put its bank in its 200th customers' office.
(MainStreet Bank, 04/11/2008)
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SVPCO, the paper and electronic check exchange business of The Clearing House Payments Company L.L.C., today reported that monthly check images and dollar value continued their triple-digit growth trend in the first quarter of 2008 compared to a year ago.
(The Clearing House, 04/09/2008)
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WAUSAU Financial Systems today announced that in a recent vendor evaluation conducted by research firm Aite Group, WAUSAU's Remote Corporate Capture solution was awarded Best Overall Solution for Large and Mid-Sized Banks, and also ranked best-in-class for Most Advanced Integrated Remittance and Deposit Capabilities and Training Tools.
(WAUSAU Financial Systems, 04/09/2008)
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A lobbying war over patents for check-imaging technology has taken an unexpected turn as a key senator withdrew support for his own bill amendment.
(www.nasdaq.com, 04/09/2008)
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Jack Henry & Associates, Inc., a leading provider of integrated technology solutions and data processing services for financial institutions, today announced that its Remote Deposit Capture solution has now been selected by 720 financial institutions
(Jack Henry & Associates, Inc., 04/02/2008)
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The 2007 Check Sample Study provides insights into the purposes, volumes and values of check payments in the USA.
(Federal Reserve, 04/01/2008)
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The Federal Reserve Banks today announced modifications to the schedule for previously announced check processing infrastructure changes as consumers and businesses continue the shift from using paper checks toward electronic payments and as financial institutions rapidly adopt electronic check processing.
(The Federal Reserve Banks, 03/31/2008)
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Myriad Systems Inc (MSI), a leading provider of financial document capture, processing, printing, and mailing services, announced that it has completed the roll-out of the most complete check and item processing system available based entirely on the Software-as-a-Service (SaaS) business and technology delivery model.
(Myriad Systems Inc, 03/31/2008)
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TransFirst and MyECheck have joined forces to provide a full suite of comprehensive Check 21 imaging, processing and related solutions for online merchants, call centers, billers, retail POS and RDC/back office applications.
(MyECheck Inc., 03/27/2008)
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New independent surveys give two perspectives on ranking U.S. Treasury Services providers - and both confirm Wachovia's status as a leader in the industry.
(Wachovia Corporation, 03/27/2008)
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Goldleaf Financial Solutions Inc. today announced that Gardner, Kansas-based Gardner National Bank has selected Goldleaf’s Retriever system for its core processing needs. The bank, which previously did not use a core information system, needed an enterprise-wide processing platform that could efficiently handle future growth.
(Goldleaf Financial Solutions Inc., 03/19/2008)
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Panini announced today that Huntington Bank, one of the nation’s leading banks, has selected the Panini Vision X™ check scanner for their Remote Deposit Capture solution, On-Site Check Processing™ (OCP).
(Panini , 03/18/2008)
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LendingTools.com, a leading application service provider (ASP) for correspondent and community financial institutions, announced today that the OnWe Network® monthly volume has grown to over 20 million items.
(LendingTools.com, 03/12/2008)
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RDM Corporation announced today the release of RDM SYNERGY II, the second generation of RDM's all-in-one payment terminal, now fully featured with dual sided imaging capabilities for a complete Check 21 solution.
(RDM Corporation, 03/11/2008)
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The 2008 ABA Banking Journal Community Banking Competitiveness Survey Results Are In: Remote Deposit Capture Continues to be critical to bank competitiveness and survival.
(ABA Banking Journal, 03/07/2008)
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Billions of pounds of greenhouse gas emissions could be saved each year if small businesses adopt online check deposits, estimates BankServ, a worldwide electronic payments company.
(BankServ , 03/05/2008)
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VSoft Corporation announced that Corporate America Credit Union, a not-for-profit financial cooperative serving credit unions throughout the United States, has chosen to implement its full suite of remote capture solutions as well as its image exchange, image archive and research software.
(VSoft Corporation, 03/05/2008)
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RDM Corporation announced today that BLM Technologies Inc. has been certified to provide in warranty and non-warranty service for its check scanning equipment in the United States.
(RDM Corporation, 03/05/2008)
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Digital Check is the first hardware manufacturer to offer a financing program for the distributed check capture market. The new financing program, known as RDC QuickStart™, provides financing options for Digital Check resellers and is available through DCC Finance, a division of Digital Check.
(Digital Check, 03/03/2008)
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Banks are increasingly adopting remote deposit capture solutions (RDC), but can they drive growth? First Tennessee Bank’s Taylor Vaughan, Dove Consulting’s Ed Bacheilder, Celent’s Bob Meara, and NetDeposit’s Danne Buchanan offer their perspective.
(Bank Systems & Technology, 02/28/2008)
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SVPCO, the paper and electronic check exchange business of The Clearing House Payments Company L.L.C., today reported that the SVPCO Image Payments Network set new records for monthly image volume and dollar value in January 2008.
(The Clearing House, 02/13/2008)
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WAUSAU, the industry leader in distributed payment and document processing solutions, today announced its enhanced concentration on a targeted Remote Corporate Capture (RCC) package that meets the specific needs of the small business segment.
(WAUSAU , 02/07/2008)
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WAUSAU, the industry leader in distributed payment and document processing solutions, today announced a limited time, 30-day free trial offer of its Application Service Provider (ASP) solution to qualified prospects and customers interested in or currently evaluating Remote Corporate Capture (RCC) platforms.
(WAUSAU , 02/06/2008)
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RDM Corporation, a leading provider of solutions for the electronic commerce and payment processing markets, today reported its financial results for the three month period ended December 31, 2007.
(RDM Corporation, 02/06/2008)
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NCR Corporation, a leading provider of image-based technology, continues to enhance its portfolio of offerings with version 2.0 of its market-leading ImageMark Commercial Passport software, introduced today at the BAI TransPay Conference in Dallas
(NCR Corporation, 02/05/2008)
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MyECheck Inc., a leading provider of comprehensive viable alternative payment solutions, announced that is has signed agreements with Anshan Finance and Youngal Group for $2 Million in equity financing. The Subscription Agreements allow for an additional financing of $8 Million upon the execution of stock warrants.
(MyECheck , 02/05/2008)
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CheckFree, now part of Fiserv Inc., a leading provider of information technology services to the financial industry, today unveiled its new remote deposit capture product, an innovative solution that allows retail customers to electronically scan and deposit checks from any location with a PC, a scanner and an Internet connection.
(Fiserv, Inc., 02/05/2008)
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NetDeposit, Inc, the leader in innovative check payment technologies and services, announced today it enjoyed tremendous growth in the number of remote deposit capture (RDC) seats, transactions processed and that it added a number of new bank clients in 2007
(NetDeposit, Inc., 02/05/2008)
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Summit Financial Solutions, a wholly owned subsidiary of Computer Services, Inc. today announced the release of its Remit.NET image based remittance and lockbox processing system.
(Summit Financial Solutions, Inc., 02/04/2008)
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LendingTools.com announced today at BAI's TransPay Conference and Expo the introduction of OnWe RDC as a new lower cost remote deposit capture (RDC) option for OnWe Network member banks.
(LendingTools.com, 02/04/2008)
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For decades there has been talk about the demise of the check. However, here we are with over 33 Billion checks written in 2006 according to the Federal Reserve. Yes, check usage is declining, especially among consumers, as debit card and online payment applications grow.
(02/04/2008)
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Mitek Systems, Inc., an innovator of image analytics and pattern recognition software, today announced ImageNet Mobile Deposit, the first mobile banking software that allow banks to accept paper check deposits and bill payments via camera-equipped mobile phones
(Mitek Systems, Inc., 01/22/2008)
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ArcaTech Systems, a leading supplier of transaction automation solutions for the financial, retail and self-service industries, has introduced a unique solution for the control and remote capture of cash in retail environments.
(ArcaTech Systems, 01/18/2008)
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Brentwood, Tenn.-based Goldleaf Financial Solutions Inc., a technology-services provider for 2,800 community financial institutions, on Thursday took a big leap into the fast-growing niche of remote deposit capture by announcing its $42.5 million acquisition of Alogent Corp., a prominent purveyor of remote-deposit software.
(DigitalTransactions.net, 01/18/2008)
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Goldleaf Financial Solutions, Inc., a provider of integrated technology-based solutions designed to improve the performance of financial institutions, today announced the acquisition of Atlanta-based Alogent Corp., a leading provider of enterprise deposit automation technologies for global financial institutions
(Goldleaf Financial Solutions, Inc., 01/17/2008)
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Software Earnings, a leading developer of check and image processing technologies and services for the financial industry, announced a stand-alone remote cashletter capture system for high-volume commercial accounts desiring to electronically deposit checks in their banks.
(Software Earnings, 01/16/2008)
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Panini is continuing to demonstrate its market leadership by addressing one of the industry's most important questions regarding remote deposit capture (RDC): Is reading MICR (special ink at the bottom of a check) necessary for RDC?
(Panini , 01/15/2008)
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LendingTools.com, a leading application service provider (ASP) for correspondent institutions serving community banks, announced today that Legacy Bank, based in Wichita, Kansas, has licensed LendingTools.com's ExtraNet RDC service to provide comprehensive remote deposit capture services to their customers.
(LendingTools.com, 01/14/2008)
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SVPCO, the paper and electronic check exchange business of The Clearing House Payments Company L.L.C., today reported that a record 2.8 billion images totaling more than $5 trillion flowed through the SVPCO Image Payments Network in 2007.
(The Clearing House, 01/14/2008)
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Fiserv, Inc., the nation's largest third-party check processor based in Brookfield, WI, and New York-based Viewpointe, LLC, a leading provider of check image exchange and archive services, announced today that Fiserv will become Viewpointe's newest archive user.
(Viewpointe Archive Services LLC, 01/08/2008)
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Credit unions squeezed by increased expenses related to processing paper checks are discovering the cost-saving efficiencies of remote deposit services, says Southwest Corporate FCU.
(www.CUNA.org, 12/27/2007)
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NetDeposit, Inc. announced today that it has entered into a data archiving agreement with DataTreasury Corporation.
(NetDeposit, Inc., 12/20/2007)
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SVPCO, the paper and electronic check exchange business of The Clearing House Payments Company L.L.C., today said that monthly image volume more than tripled compared to November 2006.
(SVPCO, 12/13/2007)
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Brink's, Incorporated announced today a milestone in the company's check imaging service. Just eight months after launching the service from the ground up, Brink's is now processing over 1 million items per month.
(Brinks, 12/13/2007)