FFIEC Guidance re: Risk Management of Remote Deposit Capture

The Federal Financial Institutions Examination Council has issued guidance titled "Risk Management of Remote Deposit Capture" .

This guidance addresses the necessary elements of an RDC risk management process in an electronic environment, focusing on RDC deployed at a customer location. The general principles of RDC risk management discussed here are also applicable to financial institutions’ internal deployment and other forms of electronic deposit delivery systems (e.g., mobile banking and automated clearing house [ACH] check conversions).