Technology Articles Next-Generation RDC: The Small Business Market Heats Up
Next-Generation RDC: The Small Business Market Heats Up
Written by Deborah Matthews, AAP, Director of Sales Support, ProfitStars, a Division of Jack Henry & Associates   

bw-rdcDespite the initial hype characterizing remote deposit capture (RDC) as a “fast track to the information superhighway,” financial institutions that were early deployers of RDC typically were slow to roll out the new technology to their customer bases.

Most institutions adopted a cherry-picking strategy, selecting only their well-established, solid businesses as targets. But the times, they are a-changing.

According to the U.S. Census Bureau, there are approximately 24 million small businesses. And BAI’s Banking Strategies reports that small businesses contribute more than 50 percent of the retail payments stream today.
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