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Mitek Systems experiences increasing momentum in sales of its flagship Mobile Deposit® solution, with 5 of the nation’s top 10 retail banks now signed on to deploy the application. These include new customers Bank of America and Capital One Financial. In addition, Mitek strengthens Balance Sheet with $15 million in proceeds from Private Placement.
(Mitek Systems, 05/09/2011)
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Through the alliance Unisys will offer Latin American customers full check truncation abilities,equivalent to those permitted by the Check 21 Act in the U.S.
(VSoft Corporation, 05/09/2011)
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Panini is placing a check scanner cleaning card with each check scanner shipped from its North American Office.
(KICTeam, 05/04/2011)
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RDM Corporation, a leading developer of specialized software and hardware products for electronic payment processing, today reported its financial results for the three month period ended March 31, 2011. All figures are reported in Canadian dollars unless otherwise stated.
(RDM Corporation, 05/02/2011)
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Mobile Remote Deposit Capture is rapidly becoming a “game changer” for financial institutions and their customers. FIs now look at mobile deposit as a strategic channel as they look for new ways to reach their customers and extend their presence as virtual online retail banking providers. Learn about the issues in this free webinar.
(RemoteDepositCapture.com, 04/27/2011)
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VSoft Corporation announced today that its core processing solution, CoreSoft™, is available to credit union customers. UCF Federal Credit Union selected CoreSoft to improve efficiency and enable a more customized, member–centric approach to its service.
(RemoteDepositCapture.com, 04/26/2011)
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End-users of Tyfone Mobile Banking can also use mobile remote deposit capture (mRDC), allowing them to use a mobile phone’s onboard camera to photograph a check and remotely deposit the funds using the mobile banking service.
(Tyfone, 04/25/2011)
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This educational presentation will highlight the benefits of creating a compelling mobile channel that broadens the reach of credit unions and empowers members with the same mobile banking tools and functionality they have come to expect in the digital age of smartphones and tablets.
(Bluepoint Solutions, 04/20/2011)
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Conestoga Bank,announced it will offer its customers the ability to deposit business and private checks remotely from their smartphones, with the help of 3i Infotech. Called Anywhere Deposit, this service provides all the convenience of making a deposit from anywhere with the safety and security of in-branch or ATM deposits.
(3i Infortech, 04/19/2011)
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With the new Apply Payments tool, businesses using Capital One’s Remote Deposit service can seamlessly integrate their electronic check deposits with accounting software packages, such as QuickBooks or Peachtree.
(Capital One Financial Corporation, 04/11/2011)
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Fiserv, Inc announced today that more than 3,300 financial institutions are now using Fiserv solutions that enable Remote Deposit Capture (RDC), bringing the total number of end-users to more than 160,000. In 2010, those users processed nearly four billion items.
(Fiserv, 04/06/2011)
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Mitek Systems Inc. reported today that the company and its channel partners signed 26 new agreements with banks, credit unions and other financial institutions - including two more of the nation's top 10 retail banks - to deploy its leading mobile remote deposit capture (RDC) application, Mobile Deposit®, during its second quarter.
(Mitek Systems Inc., 04/05/2011)
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U.S. Bank ,the fifth largest commercial bank in the United States, which offers RDM's enterprise level RDC product to its business customers as well as RDM's small business RDC product - renews multi-year agreement with RDM.
(RDM Corporation, 04/01/2011)
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Banks continue to look for ways to improve their offerings to their treasury services offering. Outsourcing of the wholesale lockbox operations offers banks away to improve service while lowering their costs.
(Wausau, 03/29/2011)
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With approximately 25% of their clients using Mac solutions, the Los Angeles-based bank has been a leading provider of RDC since 2006 and was aggressively searching for a RDC solution for this growing segment.
(Panini, 03/29/2011)
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Velocity customers are now able to process transactions through CheckAlt's Remote Deposit Capture (RDC) solution with data integrated into the Velocity Payment System.
(CheckAlt Payments Solutions, 03/28/2011)
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In response to check truncation initiatives in India and other emerging markets, Panini, has added optional ultraviolet (UV) light scanning capabilities to its Vision X® cheque scanning platform. The new UV scanning capability will allow banks to assess item authenticity during the cheque truncation process.
(Panini, 03/24/2011)
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RDM Corporation and RealPage, Inc. today announced certification of the RDM Connect multi-feed check scanner for use with RealPage Payments platform with multiple electronic payment options for property managers and leasing agents.
(RDM Corporation, 03/15/2011)
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U.S. Bank customers can now use their mobile device to deposit checks.
(U.S. Bank, 03/14/2011)
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Randy Fowlie appointed CEO after serving as interim CEO for the past 3 months
(RDM Corporation, 03/09/2011)
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The mobile check deposit initiative will begin with a pilot program involving Town and County Bank, based in Salem, Missouri. Town and County Bank's customers will be able to deposit paper checks anytime, anywhere by taking photos of them via their smartphones and submitting them through a secure electronic application provided by 3i Infotech.
(Fifth Third Processing Solutions/3i Infotech, 03/08/2011)
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Serving the needs of Omaha's homeless and near-homeless community, Omaha's Open Door Mission constantly focuses on maximizing every donor's contribution. By using RDC, staff time is saved, posting errors are reduced, donor acknowledgments are more quickly delivered and the donor's giving history can more easily be matched to specific campaigns.
(Financial Transmission Network, Inc("FTNI"), 03/07/2011)
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VSoft Corporation, a global information and technology provider of process improvement solutions for financial institutions, announced that Miami-based TotalBank recently implemented VSoft’s Agile Branch™ Capture Solution, Remote Deposit Capture™ Solution (RDC), Image Exchange™ Solution and complete Electronic Day-Two Processing.
(VSoft Corporation, 03/07/2011)
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The presence of an endorsement on the back of the check is important in mitigatiing risk. In an automated environment, however, it has not always been possible to do so, but with Orbograph's endorsement analysis tool there is the ability to not only detect a rear endorsement but to anlyze it for content.
(Orbograph, 03/04/2011)
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Cachet Financial Solutions today announced its new solution CheckReview™, a proprietary technology that helps financial institutions better identify potential check fraud. Cachet will begin offering this new feature within all of its RDC offerings starting April 2011.
(Cachet Financial Solutions, 03/03/2011)
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Mitek Systems, Inc., the leader in mobile-imaging applications using smart phone cameras for check deposits and bill payments, today announced that Alex W. "Pete" Hart, Chairman of the Board of SVB Financial Group and former CEO of MasterCard International, has been elected to its Board of Directors.
(Mitek Systems, Inc., 03/01/2011)
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Financial Transmission Network Inc., a provider of industry leading payment solutions, today announced that it has expanded its web payment integration options for its customers to include iFrame and Jsonp methods.
(FTNI, 02/28/2011)
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Mid-Atlantic Corporate Federal Credit Union and Bluepoint Solutions today announced a joint initiative to assist credit unions with lower check volumes adopt Check 21-enabled branch capture, and to enable credit unions of all sizes to easily convert check processing operations to Mid-Atlantic Corporate.
(Bluepoint Solutions, 02/28/2011)
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The recently launched Connect is an auto feed multi-feature remote deposit capture check scanner ideally suited to support remote deposit capture, branch capture, walk-in bill payment and check cashing solutions.
(RDM Corporation, 02/28/2011)
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Westbound Bank, American Chartered and Alerus Financial have made the switch from their existing remote deposit capture (RDC) solutions to WAUSAU's Deposit 24/7™ RDC suite.
(WAUSAU Financial Systems, 02/24/2011)
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ReceiptNOW provides the largest paper roll in its class with the industry
(Burroughs, 02/23/2011)
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Digital Check is launching the TellerScan® TS240/TTP (teller transaction printer) internationally. This combination unit incorporates check scanning and thermal transaction printing into one device for bank teller counters and merchant environments where receipt printing is needed and counter space is limited.
(Digital Check, 02/23/2011)
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The report covers 25 different technologies in demand by credit unions including RDC for Consumer/members and RDC for business members.
(Aite Croup, 02/22/2011)
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Check acceptance continues to be a popular payment option, particularly for non-profit organizations, where PTC is a well known payment processor. Remote Deposit Capture enables their customers to accept checks and convert the paper checks to check images and electronically deposit them into their bank.
(FTNI, 02/21/2011)
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RDC Select™, featuring the Panini I:Deal®, is the first RDC solution to offer native support in a Mac environment along with true MICR capture, providing Mac users the RDC benefits that, until now, were only available to PC users.
(Panini, 02/15/2011)
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Mutual of Omaha selects FTNI because of their industry knowledge and ability to process multiple payment types from different initiation points securely and on a single Payments Hub platform.
(FTNI, 02/14/2011)
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“Customers demand an efficient and reliable mobile-banking experience from Chase"
(BusinessWire, 02/14/2011)
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Mitek Systems sees growing deployments by banks of flagship check-deposit application, launches Mobile Photo Bill Pay, first mobile-payments product to use smart phone cameras.
(Mitek Systems, Inc., 02/14/2011)
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Recent additions include Technology Credit Union ($1.5 billion in assets), Mountain America Credit Union ($2.8 billion in assets), New Mexico Educators Federal Credit Union ($1 billion in assets) and Financial Partners Credit Union ($735 million in assets).
(Bluepoint Solutions, 02/10/2011)
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The soution allows banks to plug check image ATMs into their existing deposit-processing software.
(Burroughs Payment Systems, 02/08/2011)
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Scanner revenue, which can be a leading indicator of new RDC deployments, increased 21% over the prior year.
(RDM Corporation, 02/08/2011)
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The solution is the first to offer native support in the Mac environment along with true MICR capture allowing Mac-based small businesses the ability to capitalize on the many advantages and efficiencies available with RDC.
(Panini, 02/08/2011)
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Union Bank has an aggressive marketing plan for its remote deposit capture solution and VSoft’s solutions enable it to add functionalities that meet the needs of individual market segments.
(VSoft Corporation, 02/08/2011)
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One of the most exciting features of the mobile banking suite is a ground-breaking new capability called "mDeposit." With the free mDeposit app, Rockland Trust customers can deposit a check into their account directly from their mobile device. The app uses the device's camera to scan and deposit the check.
(Rockland Trust Company, 02/04/2011)
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mFoundry, the leading provider of mobile banking solutions in the U.S., today announced it has launched mDeposit Express, a standalone mobile deposit capture solution that banks and credit unions can use to provide customers with an immediate mobile deposit solution, regardless of their current mobile banking platform.
(mFoundry, 02/01/2011)
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The company most recently joined forces with two of the top financial industry technology associations in Italy and India to share their unparalleled experience with Remote Deposit Capture (RDC) and Branch Image Capture (BIC).
(Panini, 02/01/2011)
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The Payment Hub space is a rapidly expanding market segment within the financial services industry and has applications and applicability across an institution. Remote Deposit Capture as an important component of a Payment Hubs as is outlined in the RDC webinar on this subject (http://remotedepositcapture.com/webinars/webinar.20090608.aspx )
(Clear2Pay NV/SA, 01/31/2011)
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Creditron, a leading provider of payments processing and receivables management solutions, today announced that the Bossier City Water Department (in Louisiana) implemented Creditron's ItemAge Express platform to automate the processing of the city's water payments.
(Creditron, 01/31/2011)
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NCR Corporation, has sold its 125,000th NCR SelfServ™ ATM, more than doubling the cumulative number sold in 2008 and 2009. To date, more than 1,300 financial institutions in more than 130 countries around the world have purchased NCR SelfServ ATMs.
(RemoteDepositCapture.com, 01/31/2011)
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CUsource and Bluepoint Solutions have partnered to provide modern check processing technology to credit unions. CUsource will centrally host Bluepoint’s end-to-end item processing suite, as well as branch and home capture solutions.
(RemoteDepositCapture.com, 01/27/2011)