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Cachet Financial Solutions announced today that it has developed a new, easier method for financial institutions to deliver and support remote deposit capture services to their commercial and individual customers. The company says it plans to market its RDC Select™ offering to banks and credit unions nationwide immediately.
(Cachet Financial Solutions, 06/11/2010)
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Panini is announcing the establishment of Panini Ltda, a fully-owned company subsidiary with its main office in São Paulo, Brazil. This news, along with the announcement of a new Panini product tailored to the needs of the Brazilian financial services market, was made public today at Ciab FEBRABAN 2010, in São Paulo, Brazil.
(Panini, 06/08/2010)
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Brazil and Latin America have been important markets in recent years for Burroughs Payment Systems, the global provider of document
and payment-processing image technology and cash-automation services. And now, Burroughs is making a more significant commitment to the market as it will open an office this September in São Paulo, Brazil.
(Burroughs, 06/08/2010)
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J&B will host and deliver the mobile deposit capabilities, eliminating the need for Conestoga Bank to implement or manage the technology infrastructure. J&B's SaaS Mobile Check Deposit solution will easily integrate with Conestoga Bank's core processing system and will be supported by J&B's extensive global payment processing network.
(J&B Software, 06/07/2010)
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Symitar will now offer the Panini Vision X® with eventual plans to certify and release the Panini I:Deal™, the exclusive check scanners endorsed by the Credit Union National Association (CUNA), with their distributed capture solutions for their credit union customers.
(Panini, 05/25/2010)
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Fiserv's Source Capture Solutions(R) enhance the reliability, versatility and scalability of image capture and check processing which includes branch, merchant, teller, ATM, consumer and small office capture - all on a common web platform that enables remote deposit capture.
(FISERV, 05/12/2010)
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WAUSAU Financial Systems, a provider of payment and receivables processing solutions, today announced the launch of a risk monitoring solution that allows financial institutions and their clients to safely enjoy the benefits of Remote Deposit Capture (RDC)
(Wausau, 04/27/2010)
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Research found that respondents who owned a business tended to deposit the most checks per month and 80 percent of such business owners would be interested in using this service for business purposes. The research also showed that the demographic most interested in home deposit technology skewed younger and was between the ages of 21 and 34.
(FISERV, 04/26/2010)
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ClairMail's new Intelligent Payments Solution solution delivers a variety of mobile applications including bill payment, mobile remote deposit capture (RDC), person-to-person (P2P) payments, gift card top-ups, merchant offers, and international remittances.
(ClairMail, 04/26/2010)
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RDM Corporation (TSX: RC) announced today that it has introduced new functionality in its ITMS® WebClient and Simply Deposit® remote deposit capture applications that allows users to automatically update accounts receivable records in their accounting systems such as QuickBooks®, with their electronic check deposits.
(RDM, 04/23/2010)
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With its duplex imaging features for both paper documents and identification cards, single and/or multi-feed capabilities combined with E13b MICR, OCR reading, physical endorsement and franking acknowledgement printers, RDM Connect is ideally suited to support remote deposit capture, branch capture, walk-in bill payment and check cashing solutions.
(RDM Corporation, 04/21/2010)
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SmartSource Intelligence enables financial institutions to drastically reduce the cost of managing check scanners used in remote deposit capture. SSI’s powerful yet easy-to-implement web-based reporting tools can indicate whether devices are malfunctioning and identify locations where problems are occurring.
(Burroughs Payment Systems, 04/05/2010)
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As the Remote Deposit Capture Industry continues to experience dramatic growth, opportunities abound for Independent Sales Organizations to leverage their core business model and play an important, and profitable role.
(RemoteDepositCapture.com, 03/23/2010)
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J&B’s SaaS mobile deposit offering allows financial institutions, businesses and others to begin conveniently and securely depositing paper checks from mobile phones while dramatically lowering implementation and overhead costs, and accelerating deployment, thereby extending mobile deposit to millions of new users.
(J&B Software, 03/16/2010)
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UMB will utilize RDM's suite of Remote Deposit Capture products to provide its customers with the RDC product solutions they require. Ranked among the top 100 US banks by assets, UMB Financial was recently named the best bank in the continental United States (second-best bank in the nation) by Forbes in a study in conjunction with SNL Financial.
(RDM Corporation, 03/15/2010)
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In January, ProfitStars processed more than 14 million RDC transactions and moved approximately $13 billion in funds, representing an increase of 52 percent in transactions processed when compared to the same month in 2009. ProfitStars now supports more than 32,000 businesses in more than 100,000 locations with its RDC solution.
(Jack Henry & Associates, Inc., 03/09/2010)
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Under the agreement, NetDeposit will integrate the capabilities of Mitek’s Mobile Deposit® application into its NetCapture suite of remote deposit capture (RDC) solutions. As a result, NetDeposit’s financial institution clients will now be able to provide their business and consumer customers with the ability to deposit checks using smartphones.
(NetDeposit, 03/04/2010)
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The term EPO was described in a November 2009 Chicago Federal Reserve Policy Paper which outlined the benefits of paperless checks and was used to distinguish pure digital checks from paper-based Check 21 image processing.
(Global Standard Financial, Inc., 03/03/2010)
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Kennebec Savings Bank, City and County Credit Union, South Carolina Federal Credit Union and Honda Federal Credit Union selected at least one module from Bluepoint’s ImagePoint™ solution suite, an end-to-end image-based check clearing solution.
(Bluepoint Solutions, 02/22/2010)
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The initiative, made possible by Panini’s recent selection as the exclusive check scanner alliance provider of CUNA Strategic Services (CSS), is comprised of special promotions throughout 2010, joint marketing programs, a strategic channel program, special resources for credit unions and Panini’s world-leading check capture solutions.
(Panini, 02/22/2010)
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Respondents indicated a high interest in home capture as a valuable service for their members. When asked about future plans for implementing home capture, 42 percent of respondents indicated they currently had initiatives in place and another 46 percent responded they were currently exploring the service.
(Bluepoint Solutions, 02/18/2010)
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A point of distinction for Deposit Express is its flexible terms. Unlike remote deposit products from many other providers, U.S. Bank’s offering requires no minimum contract term or termination costs.
(U.S. Bank, 02/18/2010)
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Key findings include 1) Banks offering mobile financial services can increase new customer acquisition by as much as 60%, 2) Nearly one-third of consumers are using, or considering using, mobile financial services in the next year, and 3)Consumer mobile financial services adoption will reach 53% by 2015, and exceed the use of online banking.
(PRNewswire, 02/11/2010)
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Product Names Reinforce Company’s Heritage as a Premier Provider of Deposit Automation Solutions for Large Financial Institutions
(Jack Henry & Associates, Inc., 02/11/2010)
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CaptureOne™ Delivers Outstanding Reliability, Flexibility and Workflow Efficiency for RDC
(EPSON, 02/09/2010)
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Bank Leverages Software as a Service Model to Provide Customers Convenient, Secure Home/Office Deposit Capabilities
(Bluepoint Solutions, 02/09/2010)
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PLYMOUTH, Mich. – Marlin Equity Partners acquires the check and cash automation equipment and related U.S. maintenance, printer and direct supply business of Unisys Corporation and forms a new company, Burroughs Payment Systems, Inc.
(Burroughs Payment Systems, 02/04/2010)
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Check truncation has become a very important payments initiative in India, and Panini has played an instrumental role in its early development, This presentation allows Panini to share with the audience our experience and expertise with check truncation initiatives in India and throughout the world.
(Panini, 01/20/2010)
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iStream Financial Services, Inc. processed over $1 billion in clearing volume and 1.2 million Remote Deposit, ACH and Direct Deposit transactions in December. Since the RDC product's inception in 2005, iStream has grown at a 275% CAGR, currently processing for over 6000 locations in 48 states, while supporting over 4000 users.
(iStream Financial Services, 01/18/2010)
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Bluepoint Solutions announced the availability of ImagePoint™, an end-to-end image-based check clearing solution designed to help financial institutions of all sizes better manage item processing.
(Business Wire, 12/09/2009)
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Panini announced the availability of its check scanners for use with QuickBooks® 2010 and Intuit Check Solution for QuickBooks. Panini check scanners have been designed specifically for remote deposit capture (RDC), enabling users to scan multiple paper checks into QuickBooks while sending the “digital check” to their bank for electronic deposit.
(Panini, 12/08/2009)
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Global eTelecom, Inc. (GETI), announced that RDM Corporation's RDM SYNERGY II All-In-One payment terminal has been certified for GETI's Check 21+ solutions for small to mid-sized businesses. Now, RDM's powerful, all-in-one point-of-sale (POS) hardware is fully supported for all check processing standards.
(Marketwire, 12/08/2009)
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In a highly competitive environment, insurance carriers of all stripes are looking for a point of differentiation that can help them meet rising agent and customer expectations. Improving payments and receivables processing is one area where insurers can enjoy an immediate impact from changes.
(WAUSAU Financial Systems, 12/03/2009)
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As the technology behind check scanners advances and check truncation legislation is implemented, many countries across the globe are increasingly adopting RDC technology in order to make business processes more efficient, and achieve the same time- and cost-savings U.S.
(Digital Check, 12/02/2009)
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As a result of the growing demand and popularity of its imageFORMULA P-150 personal document scanner, also known as “Scan-tini,” Canon U.S.A., Inc., today announced it has expanded the availability of the P-150 to all of its sales channels to help meet the increasing demand as the holiday season approaches.
(Canon USA, 12/01/2009)
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Cathay Bank has successfully transitioned more than 90 percent of its business customers currently using RDC to the NetDeposit solution and is enabling new RDC users on NetDeposit's NetCapture Business platform.
(NetDeposit, 12/01/2009)
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J&B’s IDR solution reduces costs and increases quality over manual data entry by managing inputs from multiple sources and simplifying the data capture process. The IDR Unified Content Platform offers a range of modules with open architectures that expand and adapt to meet the business needs of any sized organization.
(J&B SOFTWARE, 11/13/2009)
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Intelligent check re-presentment capability enables businesses to proactively determine if and when a returned check should be re-presented.
(RDM Corporation, 11/11/2009)
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3i Infotech, a global information technology company, has been named to the 2009 FinTech 100, an annual international listing of the top 100 IT products and service providers to the financial services industry. At 32nd on the list, 3i Infotech is the highest-ranking new member of the FinTech 100.
(3i Infotech, 11/11/2009)
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Credit unions are beginning to show a strong interest in RDC. The Panini Vision X leads the distributed capture market with nearly 400,000 scanners deployed worldwide. The Panini I:Deal is designed specifically for small business RDC.
(Panini, 11/10/2009)
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McShea Selected from J&B Software Subsidiary to Lead North America Sales Teams
(3i Infotech, 11/09/2009)
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Built on Bluepoint’s modern, .NET teller capture technology,the tMagic platform is fully integrated with Open Solutions’ relational core data processing platforms, The Complete Banking Solution®: DNA and The Complete Credit Union Solution®: DNA.
(Bluepoint Solutions, 11/05/2009)
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Panini is ranked on the list with financial technology companies that were judged according to their global revenues. All application categories specific to banking functions are included in this list such as core processing, branch, teller, ATM, credit card, online banking, collections, trade finance, treasury services and funds transfer.
(Panini, 11/04/2009)
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WAUSAU Financial Systems and Aite Group will release at BAI a comprehensive final study that sizes up exactly how far banks have come on their journey toward becoming truly paperless – and how much work remains to be done. The 45-page study, “Beyond Check Imaging: Reaping the Benefits of a Paperless Branch,” contains 36 figures and two tables.
(WAUSAU Financial Systems, 11/04/2009)
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Members can use their existing scanner hardware since virtually all office scanners, including flat bed and all-in-one printer/scanner/FAX machines are supported. Deposit Review automatically reviews each Consumer Capture deposit to minimize image quality issues, duplicates, amount verification problems and other errors.
(Fiserv, 11/04/2009)
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Using USAG’s RDC platform and CaptureOne, the Chicago Archdiocese will be able to scan checks and submit them electronically for payment, recognizing substantial cost savings associated with Check 21 and RDC at its remote locations, such as churches and schools.
(Epson, 11/03/2009)
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The NetCapture Branch ASP solution allows small and medium volume financial institutions to avoid the costs associated with technology and processing infrastructure investments typically required to roll out distributed branch capture by providing a turn-key, outsourced, end-to-end solution for branch image capture.
(NetDeposit, 11/03/2009)
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Epson’s CaptureOne is one of the industry’s most recognized and well respected check scanners. The NetDeposit NetCapture Branch combined with Epson’s CaptureOne scanner offers financial institutions a highly reliable, robust back-counter branch solution.
(NetDeposit, Epson, 11/03/2009)
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The portfolio, delivered by Panini and its extensive network of partners, includes maintenance, fulfillment, help desk, training, and the newest capabilities in the portfolio; Panini Dashboard and Panini Web Portal.
(Panini, NA, 11/03/2009)
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Starting at less than $200, the SB Series enables our bank and credit union customers to reach out to the highly sought after mobile, small business and SOHO markets, increasing loyalty and deposits, as well as cross-selling opportunities.
(Digital Check Corp., 11/02/2009)