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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. Remote deposit capture stands as only one payment technology that can leave financial institutions vulnerable to patent infringement lawsuits.

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DataVisor and Mitek Team Up to Help Financial Institutions Fight Check Fraud

Finovate

Additionally, the combination of Mitek’s check image analysis and DataVisor’s analysis of check and customer lifecycle data will enable users to detect a wide variety of check fraud tactics including check kiting, remote deposit capture fraud, check washing, counterfeit checks, and identity theft. Today, 99% of U.S.

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Moving Beyond Silos For AR Management

PYMNTS

The historically fragmented nature of disparate services and payment solutions, ranging from credit cards to ACH to mobile payments to lockbox and remote deposit capture is a driving force in corporate banking clients’ desire for truly integrated receivables solutions.

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How ‘Me2Me’ Became FinServ’s New ‘Sticky’

PYMNTS

And we came along with ubiquitous mobile remote deposit capture, so now consumers can put their checks into any account they want from a single app in minutes.”. Payments, as a rule, are hard — and instant payments are even harder. Then came the robo-advisers, which meant you didn’t need an adviser to be an investor.

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Why Checks Are Still Golden For High-Risk Sellers

PYMNTS

“This does not ride the Visa or Mastercard rails, so the usual chargeback rules don’t apply,” he said. While approaching the notorious challenges of paper checks (the check is in the mail) with digital tools like email and remote deposit capture can help, industry experts largely agree that paper checks are fading out.