-
This version of ampLIB has been fine-tuned using a large data set of actual field captured camera images which are far superior to lab generated images. Finally, a new Camera recognition feature provides character-by-character voting between multiple OCR engines. This technique results in a very low substitution rate along with a high read rate.
(All My Papers, 01/25/2011)
-
Jordan brings over 25 years of sales experience in the payments industry, most recently as a channel sales manager and strategic account manager for FIS (formerly Metavante) focusing on large financial institutions.
(Digital Check Corp., 01/20/2011)
-
Simply Deposit Mobile is now integrated with RDM’s Remote Deposit Capture (RDC) platform extending the business efficiencies of remote deposit capture from the office to the field. The downloadable mobile application is available for the iPhone® and will shortly be available on BlackBerry® smartphones.
(RDM Corporation, 01/20/2011)
-
Bluepoint Solutions, provider of remote deposit capture, item processing and enterprise content management solutions for FIs, announced that SunState Federal Credit Union, has selected Bluepoint Solutions’ entire suite of item processing products with multiple capture solutions as well as the full enterprise content management suite.
(Bluepoint Solutions, 01/19/2011)
-
VSoft Corporation, a global information and technology provider of process improvement solutions for FIs, announced a partnership with Worldwide Interactive Services, LLC, a provider of technology solutions to more than 300 FIs, to offer VSoft’s Teller and Home/Office Item Capture services to its CUtopia core credit union customers.
(VSoft Corporation, 01/18/2011)
-
At least 10 well-known financial institutions - including, three of the top 10 retail banks based in the United States and one of the top 30 credit unions - have signed agreements to deploy the Mobile Deposit solution to their consumers during the fourth quarter alone.
(Mitek Systems, Inc., 01/18/2011)
-
The scanner is available in speeds of 50, 75, and 100 documents per minute and features an available inkjet audit trail endorsement feature to address FFIEC compliance or other process requirements.
(Digital Check Corp., 12/15/2010)
-
Wells Fargo processed 12.4 million checks by remote deposit services in January 2010 alone, nearly double the volume of its next-closest competitor, according to results from the 27th annual Ernst & Young Cash Management Services Survey.
(Wells Fargo & Company, 12/15/2010)
-
The Unisys solution for Banestes will integrate the Burroughs SmartSource Adaptive scanner, which provides the full functionality of a check scanner, with a dedicated MICR reader, fully programmable endorsement with graphics capability and high-resolution image capture to validate image quality.
(Burroughs / Unisys, 12/13/2010)
-
RDM Corporation, a leading developer of specialized software and hardware products for electronic payment processing, today announced a management change, as well as financial results for the three and twelve-month periods ended September 30, 2010. All figures are reported in Canadian dollars unless otherwise stated.
(RemoteDepositCapture.com, 12/06/2010)
-
The financial crisis, a poor economy, and the FFIEC Guidance on RDC risk conspired to dampen the growth of remote deposit capture in 2009. However, in 2010, industrywide client base growth is 49%, says a new report issued by Celent.
(Celent, 11/09/2010)
-
Underwritten by J.P. Morgan Treasury Services, the report follows earlier AFP surveys that found 74 percent of organizations made B2B payments by check in 2007, down from 81 percent in 2004.
(AFP, 11/08/2010)
-
This multi-format document capture solution captures a wide variety of documents – checks, full pages, rigid documents and cards – enabling use at bank branches and at business locations.
(Panini, 11/08/2010)
-
Company revenues are showing strong growth for 2010 despite the still recovering economic conditions. The company has shipped over 200,000 scanners for the remote deposit market alone, in addition to the scanners deployed for branch and teller operations.
(Digital Check Corp., 11/08/2010)
-
The average fee paid by FedForward depositors will decline 14 percent from the average 2010 fee as the number of depository institutions that accept their presentments electronically increases. Conversely, The Reserve Banks will increase traditional paper forward collection fees
181 percent and traditional paper return service fees 81 percent.
(Federal Reserve Board, 11/07/2010)
-
According to data released by research company, ComScore, Google’s Android operating system has the most momentum in the U.S. smart phone market. The data indicates that Android-based phones currently make up nine percent of the U.S. smart phone market, but have posted the fastest growth of any smart phone platform over the last six months.
(RemoteDepositCapture.com, 10/21/2010)
-
Associated Bank selected Digital Check’s TellerScan® TS240/TTP and is working with Benchmark Technology Group, a more than 15-year provider of technology to the bank, to deploy the industry’s newest teller transaction printer.
(RemoteDepositCapture.com, 10/20/2010)
-
The new remote deposit capture suite, complete with risk monitoring functionality, is a comprehensive solution that includes mobile, consumer and merchant capture points, and allows convenient and secure check deposit from the office, at home or on the go.
(WAUSAU Financial Systems, 10/20/2010)
-
All transactions are transmitted with multiple layers of security and, if necessary, can be traced back to registered smart phones, marked with time and location, to combat fraud.
(RemoteDepositCapture.com, 10/19/2010)
-
Designed to speed check transactions, receipt and forms printing, the TM-H6000IV offers best-in-class reliability with top functionality required for smooth-running teller lines, including the fastest print speeds in its class, speedy check processing with 99.9% MICR accuracy, as well as easy drop-in validation and ultra-fast slip handling.
(Epson America, Inc., 10/19/2010)
-
In addition to the docking station and thermal receipt printer modules, the Panini Vision X® MFS also offers a docking station with full-page/A4 scanning, including the ability to scan rigid documents/plastic ID cards.
(Panini, 10/19/2010)
-
Epson’s TM-J9100 is paired with ASI’s Insite Core and iTeller Platform solution to perform check processing at the teller window.
(Epson, 10/19/2010)
-
The device combines Digital Check's reliable, 5th generation TS240 batch-fed scanner, which scans at 50, 75 or 100 documents per minute, with CognitiveTPG's fast and reliable A799 thermal printer.
(Digital Check Corp., 10/19/2010)
-
Cachet Financial Solutions today announced the filing of a patent application for their new RDC platform for Apple’s Mac Operating System. Cachet will begin offering their entire RDC Select™ product suite to Mac users starting October 15, 2010.
(Cachet Financial Solutions, 10/11/2010)
-
With Mobile Check Capture, PayPal iPhone users can take a photo of a check payable to the user and electronically transmit the check for processing with BankServ's technology. The funds are transferred into the user's PayPal account at no cost to the user.
(BankServ, 10/07/2010)
-
Jack Henry & Associates, Inc., today announced the addition of mobile remote deposit capture to its comprehensive portfolio of industry-leading remote deposit capture solutions provided by its ProfitStars division and marketed under its Alogent brand.
(RemoteDepositCapture.com, 09/29/2010)
-
Two 3i Infotech customers, Edward Jones and Conestoga Bank, will present the business case for remote deposit capture (RDC) at the RDC Summit 2010. The event will be held 9/29 and 9/30 at the Omni Orlando ChampionsGate in Orlando, Fla. 3i Infotech, including subsidiary J&B Software, will demonstrate its full suite of RDC products.
(RemoteDepositCapture.com, 09/28/2010)
-
Cachet Financial Solutions, a leading provider of remote deposit capture (RDC), today announced the development of a new platform for their remote deposit capture solution. RDC Select™ will now be available to users of Mac operating systems beginning October 15, 2010.
(RemoteDepositCapture.com, 09/27/2010)
-
Burroughs Payment Systems has hired award-winning sales executive Mark Mellinger as its new Vice President-International Sales to manage sales in Europe, Asia and Latin America. He reports directly to Burroughs President and CEO Alan Howard.
(RemoteDepositCapture.com, 09/27/2010)
-
CFC Technology Corporation announced that the company is engaging top-level financial institution executives—including directors of cash management, operations, and sales and marketing—to participate in a national Remote Deposit Capture survey.
(RemoteDepositCapture.com, 09/21/2010)
-
With Select Mobile, powered by Mitek Systems, financial institutions are able to offer all the advantages of remote deposit capture to their valued retail customers through smart phone applications.
(RemoteDepositCapture.com, 09/01/2010)
-
Mitek Systems, Inc., an innovator of advanced-image analytics and mobile-document-capture applications for smartphones, announced that it has entered into an OEM agreement with Fiserv, Inc., the leading global provider of financial services technology solutions.
(RemoteDepositCapture.com, 09/01/2010)
-
BankServ and NetDeposit, leaders in remote deposit capture and electronic payment technologies, announced today the signing of a definitive agreement wherein BankServ will acquire substantially all of the assets of NetDeposit, LLC, a wholly owned subsidiary of Zions Bancorporation.
(RemoteDeposiCapture.cm, 08/31/2010)
-
Fiserv has been conducting customer pilot trials for mobile deposit capture since 2009. The product includes multi-item deposit capability, single sign-on authentication, a virtual endorsement feature, and robust risk mitigation capabilities that allow for item validation to occur during capture.
(FISERV, 08/25/2010)
-
The DCT Pilot enables truncation of low-value consumer checks and collect them as ACH debits. DCT's goal is to handle deposited checks more efficiently and at a lower cost than standard check processing, by relying on existing infrastructure and using the ACH Network’s truncated check (“TRC”) Standard Entry Class Code.
(NACHA, 08/24/2010)
-
Mitek Systems, Inc, an innovator of advanced-image analytics and mobile document capture applications for smartphones, today announced it has received a United States patent for its widely used Mobile Deposit® mobile Remote Deposit Capture (RDC) application.
(PRNewswire, 08/18/2010)
-
Following the successful launch of Deposit Express, U.S. Bank is actively marketing its new RDC solution to small business customers. Panini is partnering with U.S. Bank on several promotions to assist with these efforts.
(Panini, 08/10/2010)
-
In yet another example of how the RDC Industry continues to improve and evolve, Burroughs' item-based cost model for new contracts substantially reduces investment requirement and eliminates declining volume risks.
(Burroughs / ReoteDepositCapture.com, 08/09/2010)
-
_____
(Burroughs Payment Systems, 08/02/2010)
-
RDM Corporation announced today that it has certified the SmartSource(R) Adaptive scanner from Burroughs Payment Systems Inc., for use with its ITMS WebClient remote deposit capture application. The SmartSource Adaptive is a tabletop MICR-enabled solution capable of scanning a wide variety of intermixed document types including full page documents.
(PR Newswire, 07/29/2010)
-
Software Earnings announced a strategic corporate alliance with Bluepoint Solutions. Both companies offer remote deposit capture and image-based item processing. The two companies have agreed to share key products, creating a more seamless payments processing platform for each company’s respective market.
(PRWeb, 07/20/2010)
-
Transactions are posted in Servant Keeper format to reconcile all member contributions without manual entry — making it an end-to-end solution. Additionally, the client can elect to have bad checks handled by Heartland’s automated recovery program.
(Heartland Payment Systems, Inc., 07/20/2010)
-
Banestes, which is establishing a new system of check truncation that will reach all of its bank branches, as well as non-banking correspondents, recently purchased 1,000 Digital Check CheXpress(R) CX30 scanners for the project. The bank will have truncation fully operational by the end of July.
(Digital Check Corp., 07/20/2010)
-
In less than one year, USAA has seen more than 1.5 million checks deposited from a mobile device, totaling more than $928 million. USAA Federal Savings Bank, which has only one teller-supported branch, has seen more than one-third (35 percent) of all checks deposited into accounts using remote deposit capture.
(BusinessWire, 07/16/2010)
-
MOSINEE, Wis.—July 13, 2010—WAUSAU Financial Systems and Mitek Systems, Inc., an innovator of advanced-image analytics and mobile-document-capture applications for smartphones, today announced they have entered an OEM agreement enabling WAUSAU to offer Mitek’s mobile Remote Deposit Capture (RDC) capabilities to financial institutions nationwide.
(Wausau Financial Systems, 07/13/2010)
-
Intelligent deposit ATMs – which allow consumers to deposit cash and checks without an envelope – are being deployed by hundreds of community banks and credit unions. More than 600 community banks and credit unions throughout the U.S. are improving their customer experience and their own bottom lines through NCR’s intelligent deposit solutions.
(Businesswire, 07/12/2010)
-
RDM Corporation (TSX: RC), announced today that it has introduced new FFIEC compliance tools in its ITMS(R) suite of RDC software products. This new offering provides financial institutions with a set of tools specifically designed to help them comply with the FFIEC guidelines with respect to RDC.
(PR Newswire, 07/08/2010)
-
Bluepoint Solutions announced the release of QwikDeposit To Go, a sophisticated mobile remote deposit capture application. Powered by Mitek Systems patented IMagePROVE technology, Bluepoint Solutions QwikDeposit Mobile Capture application completes Bluepoint’s existing suite of Check 21 capture points
(Businesswire, 07/08/2010)
-
Creditron is announcing another service to its already impressive list of payment services by offeriing the abiltiy to deposit checks remotely using a mobile phone and technology from RDM Corporation.
(Creditron, 06/28/2010)
-
Digital Check, a provider of check scanners and remote deposit capture technology, announced the launch of the TellerScan® TS240/TTP, a combination unit that 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, 06/14/2010)