Remove RDC Remove Remote Deposit Capture Remove Technology
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USAA Sues Wells Fargo Over RDC Technology

PYMNTS

USAA , the insurance company and bank serving current and former military members and their families, filed a federal lawsuit against Wells Fargo Bank over its use of USAA’s RDC technology. District Court in Marshall, Texas, accuses Wells Fargo of infringing on four of its mobile remote deposit capture patents.

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Unlocking Paper Checks’ Potential With APIs

PYMNTS

With that in mind, Ballagh explained that newer technologies can actually help paper checks become safer and faster, without forcing businesses that pay in check change their behavior. One of the largest technological developments that impacts check is remote deposit capture. This is where API technology comes in.

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Why The Time Is Right For Banks To Offer Integrated Receivables

PYMNTS

For receivables, Berdan noted that larger banks have done well with lockboxes as have smaller banks have with remote deposit capture (RDC). Corporates are looking for technology to help solve this growing burden of these electronic payments,” Berdan said.

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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. Bancorp must pay $3.3

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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. However, some users will still seek the comfort in a slow and non-technological invasive process of printing and mailing a check.”.

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Urban FT Confirms Its Making A Bid To Buy Digiliti Money Group

PYMNTS

The two companies began discussions about the potential deal — and other possible opportunities that could benefit the mobile app technology firm’s shareholders, employees, suppliers and customers — after Urban FT submitted an unsolicited offer to DGLT’s board on August 15.

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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). ” Pelletier’s bank was one of the first to adopt the technology.

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