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DadeSystems: Time To Replace Outdated RDC

PYMNTS

Many of the remote deposit capture (RDC) systems in place today have been around for 15 years or longer. Dave Wilson, Founder and Chief Architect at DadeSystems , says even if these RDC systems are still technically functional, they offer diminishing returns as the other systems they must interface with become increasingly advanced.

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Cybersecurity Trends For 2024 With TransUnion, Forter, WatchGuard, Vouched, FIDO Alliance, Fusion

The Fintech Times

“A lot of consumer technology ( Apple Pay , for example) is prioritising highly secure and personalised experiences, relying on biometrics and specific device features. A few years ago, this would be a homerun for consumers and a major deterrent for fraudsters,” says Abrahams.

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Could A Bank-On-Bank Patent War Be Looming?

PYMNTS

A recently filed federal lawsuit over remote deposit capture technology (RDC) could signal the start of a wider patent-infringement struggle among banks, according to experts. USAA operates only four branches, using scanner- and smartphone-based RDC to serve a global base of customers. The lawsuit seeks unspecified damages.

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MOX Pay from Malauzai is First with RDC as Payment Option

Fintech Labs Insights

With MOX Pay from Malauzai Software , community banks and credit unions will be able to offer their business customers apps that will enable them to accept payments via remote deposit capture (RDC). The post MOX Pay from Malauzai is First with RDC as Payment Option appeared first on Finovate.

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Mitek Partners with Harland Clarke to Improve RDC Security

Fintech Labs Insights

The two companies have partnered to strengthen the security of Mitek’s Mobile Deposit RDC solution by implementing Harland Clarke’s Photo Safe Deposit feature. The post Mitek Partners with Harland Clarke to Improve RDC Security appeared first on Finovate.

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Don’t Write Off The Paper Check Just Yet

PYMNTS

Earlier this month, the company announced a buyback program to help financial institutions (FIs) trade in their broken Remote Deposit Capture (RDC) tools for an upgrade. The result is that ACH is most often used for consumer payments, with less than a tenth of Same Day ACH volume attributed to B2B transactions.