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DepositNow Mobile is a complete wireless payment processing solution that includes hardware, software, wireless service, transaction processing and support. DepositNow Mobile enables businesses in a variety of markets to efficiently accept and process paper check or credit card payments anywhere.
(BankServ, 05/06/2009)
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Commerciant is a provider of mobile, handheld payment processing hardware and processing technology located in Houston, Texas. The acquisition includes key patents in the mobile payments industry.
(BankServ, 05/04/2009)
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Overall results for the quarter were suppressed by disappointing scanner sales caused by the economic downturn. RDM plans to be prudent in managing costs during this time of uncertainty, but the priority is to position the Company to capitalize on the long-term remote deposit capture opportunity, which remains compelling.
(RDM Corporation, 05/01/2009)
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RDM SYNERGY II is now certified to process Visa, MasterCard, and Discover transactions in the E-Commerce, Direct Marketing w/Level II, Retail, Restaurant, EBT and Debit industries with TSYS Acquiring Solutions.
(RDM Corporation, 04/30/2009)
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The NEACH RDC Member Survey was conducted in October and November 2008 with 207 New England financial institutions responding from all six New England states. The study contains 25 pages of data, including more than 20 figures. It is available for $495 through the RemoteDepositCapture.com store.
(NEACH, 04/29/2009)
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RP Solutions, Inc., today announced that they have become a reseller of OPEX Corporation's AS and DS series scanners, mail openers and extractors.
(RP Solutions, 04/28/2009)
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NCR announced an agreement with Mitek Systems, Inc., to integrate Mitek’s ImageNet Mobile Deposit software into NCR’s APTRA Passport family of remote deposit capture solutions. Mitek and NCR will demonstrate the product offering at the BAI RemoteDepositCapture.com Summit in Nashville, Tenn., April 27 and 28, 2009.
(NCR Corporation, 04/28/2009)
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TASQ Technology has created a turn-key RDC solution that bundles key RDC elements including hardware, software and customer support. A subsidiary of First Data, TASQ is one of the largest providers of point-of sale equipment and services in North America.
(Tasq Technology, 04/23/2009)
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With options such as magstripe and a new integrated receipt printer, both remote deposit capture and retail POS solutions will be able to benefit from the small footprint which saves valuable real estate on the merchant countertop, and saves the merchant money by reducing the need for an extra receipt printer.
(RDM Corporation, 04/21/2009)
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J&B’s ImageNet Mobile DepositTM powered by Mitek allows checks to be deposited from a mobile phone equipped with a camera. J&B’s eCapture is a web-based solution that captures document images at remote or branch locations using a variety of different capture devices that are integrated into the J&B core payment processing software.
(RemoteDepositCapture.com, 04/15/2009)
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Now, users can launch remote deposit A/R directly from their specialty software, scan their checks, apply the checks to outstanding invoices and close them out in one efficient process. This next generation solution also offers a feature that recognizes customer accounts and automatically matches checks to the correct customer and invoice.
(Business Wire, 04/14/2009)
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Bluepoint’s solution provides bank and credit union account holders the ability to conveniently deposit checks from any location – home or office – at any time. Users can easily make deposits with the use of a computer, a secure Internet connection and a scanner.
(Bluepoint Solutions, 04/07/2009)
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The three products include the CaptureOne™ Single-Feed check scanner, the Perfection™ V30 flatbed check and document scanner and the WorkForce™ 500 All-in-One Scanner with print, copy, fax and photo capabilities.
(Epson, 04/06/2009)
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Epson’s CaptureOne 90 DPM scanner, as well as its 30 and 60 DPM models, are expressly designed to minimize MICR misreads and non-conforming images—eliminating the manual intervention required to reprocess misread checks.
(Epson, 04/06/2009)
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The Remote Currency Manager (RCM) solution allows cash-intensive retail businesses the ability to use the Bank's industry-leading receivables end to end cash management solution. Deposit activity is transmitted from the smart safe to Fifth Third Bank for credit to the customer's account, providing daily use of funds.
(Fifth Third Bank, 03/31/2009)
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Unisys Corporation today introduced a multi-function remote deposit scanner that offers companies a low-cost, easy way to deposit checks from their offices directly into their bank accounts, and provides financial institutions with a cost-effective remote capture solution for small business customers.
(Unisys, 03/26/2009)
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In a new report, Remote Cash Capture: An Idea Whose Time Has Come, Celent looks into the quickly growing service, which is the deployment of secure, validating currency accepting and recycling equipment (aka smart safes) at merchant locations, coupled with information reporting and provisional credit mechanisms.
(Celent, 03/25/2009)
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Metavante announced the availability of Enterprise Payments Manager: Capture (EPM: Capture), a Metavante Corporation solution designed to help financial institutions continue to deploy IBM 3890/XP transport technologies at low cost, mitigating rising per item cost and click charges as well as the steady decline in paper check volume.
(Metavante, 03/19/2009)
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VSoft Corporation announced that its remote deposit capture (RDC) solutions comply with the guidelines released by Federal Financial Institutions Examination Council (FFIEC) in January.
(Business Wire, 03/18/2009)
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Canon today announced the availability of the imageFORMULA CR-180II Check Transport device. The successor to the Canon CR-180, the CR-180II high-speed desktop check transport offers exceptional feeding reliability, image quality, and production performance for distributed capture and image exchange applications.
(Canon U.S.A, 03/11/2009)
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RDM Corporation announced today that it has teamed with TriSource Solutions to resell RDM’s electronic check conversion software and hardware products.
(RDM Corporation, 03/10/2009)
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Panini S.p.A announced today that its Board of Directors has appointed Nicola Aliperti as the Company’s Chief Executive Officer, effective immediately. He will also serve both as a member of the Board of Directors within the parent company Panini S.p.A. and as Chairman of the Board of its subsidiary, Panini North America.
(Business Wire, 03/10/2009)
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RP Solutions, Inc., today announced the certification of Digital Check's CheXpress CX30 check scanner for use with the company's remote deposit software, including AR Express® and RD ExpressTM.
(RP Solutions, 03/10/2009)
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The combined Mobile Deposit application will provide RDM customers with one of the first commercially available mobile merchant capture applications, and allows small and medium sized businesses the ability to use merchant capture virtually anywhere. The downloadable application is initially available for the iPhone and latest Blackberry handsets.
(RDM Corporation, 02/24/2009)
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Mitek's ImageNet Mobile Deposit allows checks to be deposited from an end user's camera-equipped mobile phone. The mFoundry mobile banking platform provides customers easy access to account information, funds transfers, bill payments and branch or ATM locations.
(Mitek Systems, Inc., 02/23/2009)
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Celent concludes the majority of US financial institutions remain defensive and conservative in their approach, focusing on existing clients. The result is that for many banks, deposits collected via RDC have not amounted to much. But a minority of banks are making a significant impact on deposit growth using RDC.
(Celent, 02/23/2009)
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NCR Corporation today introduced software that will allow consumers to deposit checks into their checking or savings accounts without leaving their homes and without purchasing any new hardware.
(NCR Corporation, 02/23/2009)
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Automation9 runs on the newest generation, web services platform from Orbograph, G6 Enterprise Recognition Technology targeting over 98% automation and 99% accuracy.
(Orbograph, 02/23/2009)
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The Purepay RDC solution will provide end-users with everything they need to deposit checks remotely, including: the scanner, required
documentation, training (as needed), front-line technical support, and system access.
(RDM Corporation, 02/23/2009)
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Saffici Payment Consulting is currently assisting a noted check technology company in the assessment of new product offerings and is also working with another noted technology company as a reseller of a deposit risk mitigation application.
(Saffici Payment Consulting, 02/23/2009)
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The Panini I:Deal utilizes patented technologies to deliver capabilities critical for RDC success including high quality dual-sided image capture, document franking, and advanced reading technologies in the areas of MICR and OCR.
(Panini N.A., 02/23/2009)
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Pertech's introduction of the Twain 2.0 driver provides both end-users and software integrators an easy path to interface the Pertech 6100 check scanner into their workflow. Using the Twain 2.0 driver with the Pertech 6100 scanner, the user can capture two sides of the check with a MICR read - all in about 1.5 seconds.
(Pertech Resources, 02/20/2009)
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Mobile deposit capture is an extension of remote deposit capture (RDC) that enables checks to be deposited anywhere via a mobile phone equipped with a camera to create and send an image of the check.
(Fiserv, Inc., 02/20/2009)
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The CheXpress CX30 represents the first small scanner with the ability to read the varying qualities of magnetic inks produced by desktop check printing applications, including support across printed checks with MICR intensity ranging from 40 to 200 percent.
(Digital Check, 02/19/2009)
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RiskXP™ is a unique solution that arms banks and payment transaction aggregators with comprehensive tools that address item, deposit, and relationship related payment risk associated with RDC (Remote Deposit Capture).
(AQ2 Technologies, 02/19/2009)
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RemitPro will offer the market-leading Panini Vision X™ with their eRemitPro™ software, designed and architected specifically for corporate accounts receivable payment processing.
(Panini North America, 02/18/2009)
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Nelson’s last software company made the prestigious INC 500 four years in a row and Principle Financial’s Top Ten Best Private Companies. He currently serves as chief executive officer and president of his latest technology company, iThryv and WeProsper, designed to increase financial literacy among Americans ages five to 24.
(Digital Check, 02/17/2009)
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J&B Software, Inc, announced that it will host a webinar on the payment processing industry’s most exciting new development in RDC: using a mobile phone for remote deposit capture. The webinar will be held on Wednesday, March 4 at 2:00 PM Eastern Time.
(J&B Software, 02/17/2009)
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The number of ACH payments in the 4th quarter 2008 grew by 4.5 percent over the same period in 2007, topping 3.8 billion. Back Office Conversion grew to over 39 million payments in 4th quarter 2008, from 3 million payments a year ago, volume increased 49 percent from 3rd to 4th quarter 2008.
(NACHA, 02/11/2009)
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The Image Industry Interoperability Group, i3G, is a US financial services industry collaborative formed in 2008. The group’s goal is to eliminate a large percentage of industry processing exceptions with a few changes to industry operational practices and procedures.
(The Image Industry Interoperability Group, 02/10/2009)
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Prior to remote deposit capture, the bank averaged $6 million in weekly deposits. Now, more than 87 percent of total check deposit volume comes from remote deposits.
(Open Solutions Inc., 02/10/2009)
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The capability to accept credit card and electronic check payments over the Web creates the first Small Business product to unify billing, collection and bookkeeping across the most widely used forms of payment, allowing business owners to collect receivables faster and reduce their billing and processing costs.
(BankServ, 02/10/2009)
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Revenues in the Payment Processing Services segment doubled, Transaction volumes for RDM's Image & Transaction Management System (ITMS(R)) grew by more than 50%, and RDM added five additional bank distributors and seven new independent sales organizations (ISOs) during the quarter.
(RDM Corporation, 02/05/2009)
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The Bank of Castile is approaching its 300th remote deposit capture customer and attributes $8 to $9 million in non-interest bearing accounts directly to the solution, and has grown its non-interest income 40 percent.
(Goldleaf Financial Solutions, Inc., 02/04/2009)
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RDC is becoming an integrated technology platform increasingly used to process different types of payments and data with the ability to integrate that data with internal and external systems.
(Panini N.A., 02/03/2009)
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Kicking off the introduction of the RDM products, BankCard Source will be offering a 90 Free Offer on the Simply Deposit product.
(RDM Corporation, 02/03/2009)
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J&B’s eCapture solution captures document images at remote or branch locations using a variety of different capture devices that are integrated into the J&B core payment processing software. The web-based solution can be interfaced directly into a client’s existing host financial system, like SAP and Oracle, to provide real-time information.
(J&B Software, 01/30/2009)
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RDM Corporation expects to announce its financial results for the first quarter of fiscal 2009 on the morning of Thursday, February 5, 2009. The Company will host an investor conference call that morning at 9:00 a.m., followed by its Annual Meeting of Shareholders later that day at 4:30 p.m.
(RDM Corp., 01/29/2009)
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The Panini Vision X™ Scanner Portal allows users of Panini’s market-leading product suite to obtain real-time, relevant statistics about their check scanner.
(Panini, 01/28/2009)
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First American Payment Systems currently provides payment processing services to over 100,000 merchants in the United States and is ranked as one of the country's top privately-owned payment solution providers.
(RDM Corp., 01/27/2009)