Consumers support Remote Deposit Capture, but are banks ready?

By FOXBusiness

Mobile remote deposit capture (RDC) is in high demand, but are financial institutions ready?

The benefits for financial institutions are considerable--lower processing costs, increase in fee revenue by charging for making mobile deposits, and customer retention and growth.

Continue Reading Below

Consumers evidently find RDC attractive as well, according to a Javelin Strategy & Research report issued May 24. Javelin's research found that one in four consumers and one in two mobile bankers want to skip brick-and-mortar branches and ATMs and use their mobile devices to deposit checks into their checking and savings accounts.

Which banks are RDC-ready?

The original article can be found at SavingsAccounts.com:Consumers support Remote Deposit Capture, but are banks ready?

var gDomain='www.qsstats.com', gDcsId='dcsx45fhw10000s189vkq2m4k_3q5m', gFpc='WT_FPC', gConvert=true, gTag=''+'IPT>'; if((typeof(gConvert)!='undefined') && gConvert && (document.cookie.indexOf(gFpc+'=') == -1) && (document.cookie.indexOf('WTLOPTOUT=')==-1)) {document.write(gTag);} function dcsAdditionalParameters(){WT.qs_osrc="fxb";}

Continue Reading Below

What do you think?

Click the button below to comment on this article.