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Remote Deposit Capture

Welcome to the News View for "Remote Deposit Capture".

Here, on these archive pages, you'll find all of the articles on Payments News for Remote Deposit Capture listed in date sequence beginning with the most recent article at the top of the page.

Click here for a complete listing of what's available in the Payments News Archive - organized by both posting date and subject category.

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October 10, 2014

Headline News from PaymentsNews.com - October 10, 2014

On the Web:

On the Wires:

  • TSYS Signs PRIME 4 Agreement with Banco del Bajío - "Ranked as one of the top banks in Mexico, Banco del Bajío will leverage PRIME issuing support to manage its credit and private label card portfolios along with its loyalty and installment programs on the single-platform PRIME solution. TSYS will also provide the bank with sophisticated licensed solutions for integrated customer alerts as well as authorization and switching as part of the PRIME licensing agreement."
  • Ingo Money and Advance Financial Partner to Launch a Co-Branded Mobile Application Enabling Consumers to Load Checks in Minutes - "Ingo Money, Inc., a provider of recurring, instantaneous, guaranteed funds technologies for financial institutions, prepaid card providers and digital wallet platforms, and Advance Financial, a progressive leader in consumer retail financial services, announced a partnership to launch Ingo™ for Advance Financial, a co-branded, consumer-direct mobile application to digitize check cashing transactions."

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

March 03, 2014

Headline News from PaymentsNews.com - March 3, 2014

Glenbrook's Payments Insight Workshop series this spring focuses on three key topics for payments professionals: Bitcoin - Basics and Beyond (March 26), Data in Payments (April 22) and Innovation in Payments (May 8).

On the Web:

On the Wires:

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

October 22, 2013

Headline News from PaymentsNews.com - October 22, 2013

On Twitter:

On the web:

On the wires:

Updates from Glenbrook:

  • Looking for consulting help from Glenbrook? Let us know your needs here - and we'll get right back to you!
  • Join Glenbrook's Carol Coye Benson and Scott Loftesness for our Glenbrook Payments Boot Camp on December 10-11th in Palo Alto, California!
  • Glenbrook's Elizabeth McQuerry will be speaking on New Payments Regulation in Brazil at the International Money Transmitter Conference in Miami 4-7, 2013.
  • Join our mailing list for updates about Glenbrook events. Follow us on Twitter: @paymentsnews and @paymentsviews

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Find something interesting to share? Tell us about it: gotnews@paymentsnews.com!

September 30, 2013

Headline News from PaymentsNews.com - September 30, 2013

On the web:

On the wires:

Updates from Glenbrook:

  • Join us for our new series of Glenbrook Payments Boot Camps coming this October - 8th/9th in the San Francisco Bay Area and 23rd/24th in New York City!
  • Glenbrook's Allen Weinberg and Erin McCune will be at Money2020 in Las Vegas October 6-10 - please reach out to them directly to catch up in person or set up a briefing at the conference. Erin will be moderating an Invoicing, Billing & Collections panel with Bill.com CEO Rene Lacerte, Billtrust CEO Flint Lane and Billhighway Chairman Vince Thomas.
  • Glenbrook's Elizabeth McQuerry will be speaking at this year's NACHA Global Payments Forum on October 17-18 in New York City. She'll be speaking on the topic "Mobile Payments, Interoperability & Faster Funds Transfer".
  • Glenbrook's Carol Coye Benson will be speaking at this year's American Bankers Association Annual Convention on October 20-22 in New Orleans. She'll be participating in a panel discussion on The Future of the Payments Industry.
  • Join our mailing list for updates about Glenbrook events. Follow us on Twitter: @paymentsnews and @paymentsviews

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Find something interesting to share? Tell us about it: gotnews@paymentsnews.com!

April 02, 2013

Fiserv Launches Prepaid Mobile RDC with Guaranteed Funding

Fiserv logo 60pxh Fiserv has announced a new mobile loading capability for prepaid cards, giving cardholders the ability to safely load immediate, guaranteed funds from a personal or business check using a smartphone’s camera.

“By combining industry-leading check capture technology with easy check guarantee and authentication processes, Fiserv helps prepaid card processors and program managers increase card load volume, and has the potential to retain and grow their customer base,” said Gary Brand, director, Source Capture Solutions, Fiserv. “The ability to easily load funds from a check to a card adds a great deal of convenience for the consumer, and can be a valuable addition to traditional banking. For prepaid processors that offer mobile loading, this can mean increased balances, transaction counts, volumes and customer retention rates.”

The guarantee is enabled by a new agreement between Fiserv and VALID Systems.

February 04, 2013

October 22, 2012

Visa and Chexar Introduce Mobile Remote Deposit Capture for Prepaid Users

Visa logo 60pxh Visa and Chexar Networks announced today the launch of a network platform that will enable Visa prepaid users to deposit paper checks to their reloadable Visa prepaid card using their mobile device, by simply snapping a photo of a paper check.

“Consumers are choosing reloadable prepaid cards at an increasing rate, and for many of the same reasons that consumers embrace other electronic payment options — security, convenience and reliability,” said Hyung Choi, head of U.S. Prepaid, Visa Inc. “Mobile technology and other payment innovations are enabling us to enhance Visa’s prepaid experience and bring all the conveniences of traditional banking options to consumers who choose to use prepaid.”

October 09, 2012

October 03, 2012

September 18, 2012

September 13, 2012

PreCash Introduces FlipMoney Mobile Wallet for Underbanked Consumers

Precash logo 140x60pxPreCash has announced FlipMoney, a mobile wallet app for underbanked consumers.

“Historically, people with the least amount of money and free time pay more and have fewer convenient options to do simple things like pay bills or cash checks,” said Steve Taylor, PreCash CEO. “Until now, the current cadre of mobile payments and financial services apps largely ignore the needs of people without bank accounts and credit cards. Flip changes all of that by combining instant remote check deposit and free expedited bill payments in a single mobile wallet that works with a prepaid card.”

PreCash also announced that the mobile solution can be customized and branded for mobile carriers, prepaid program managers, money service businesses and other merchants.

February 20, 2012

November 07, 2011

July 27, 2011

Mitek Systems Launches 'Mobile Imaging Cloud' Service

Mitek logo 140pxMitek Systems, a key technology provider for mobile check deposit, has announced the availability of the first Mobile Imaging Cloud, a new service for mobile application developers, systems integrators and businesses that want to a "fast, cost-effective way to create smartphone and tablet apps that use the camera as an input method for a wide variety of tasks."

Mitek’s extractive-imaging technology works with both paper and non-paper documents, including drivers’ licenses, gift cards, receipts, invoices, tax documents and many others.

July 18, 2011

June 28, 2011

April 05, 2011

January 18, 2011

December 15, 2010

December 09, 2010

November 22, 2010

November 08, 2010

October 08, 2010

PayPal Mobile Check Capture Now Available

PayPal_logo-140px.jpgPayPal is blogging that $100,000 worth of checks have been processed in the first 36 hours by the "Add Money from Checks" capability inside the new PayPal mobile app. In related news, BankServe has announced that its mobile capture technology behind the service.

September 30, 2010

BankServ Introduces Unified iPhone and 'At Home' Remote Deposit Capture

bankserv_logo_140px.pngBankServ has announced a Remote Deposit Capture (RDC) product that combines the ability to deposit checks from the home computer with the ability to deposit checks from an iPhone and other mobile devices. With this solution, banks can now provide their customers the flexibility of depositing checks using a desktop scanner, flatbed scanner, iPhone or other leading mobile device.

September 01, 2010

BankServ to Acquire NetDeposit

NetDeposit_logo_140px.pngBankServ and NetDeposit recently announced the signing of a definitive agreement wherein BankServ will acquire substantially all of the assets of NetDeposit, a wholly owned subsidiary of Zions Bancorporation. With this acquisition, the combined operation will be the largest privately held, bank-independent processor of remote deposit capture transactions in the U.S.

August 25, 2010

Fiserv Launches Remote Deposit Capture Solution

fiserv_logo.gifFiserv today announced the launch of Mobile Source Capture, a new remote deposit capture solution that extends the convenience of remote check capture to camera-equipped mobile phones. Mobile Source Capture leverages best of breed Mobile Deposit® technologies from Mitek Systems, Inc.

July 07, 2010

Chase Introduces Mobile Remote Deposit Capture

Chase_logo-140px.jpgChase quietly introduced a new version of its mobile banking app last week that supports remote deposit capture from the iPhone. Jim Bruene over at NetBanker has a write up on how it works, including some nice screen shots. The app upgrade also included mobile access to Chase's P2P payment service.

January 26, 2010

USAA's Deposit@Mobile Available on Android-powered Phones

USAA has announced that its bank customers using mobile devices on the Android platform now can deposit checks using their phones. USAA’s Mobile App for Android, introduced over the weekend to the Android Market, offers access to banking, insurance and stock-trading services as well as USAA’s popular Deposit@Mobile feature. That feature allows eligible members to instantly deposit checks simply by submitting an image of the front and back of an endorsed check via the phone. READ MORE »

January 21, 2010

Leading the Charge: Mobile Check Deposit Capture

Torrance Community Credit Union (TCCU) of Torrance, California has announced that it will enable its members to "deposit checks directly to their accounts through their iPhone camera devices, effective immediately. Checks will be processed electronically, end-to-end, through the credit union’s partnerships with Eastern Corporate Federal Credit Union (EasCorp) of Burlington, Massachusetts and Innovative Technology, Inc. (INTECH) of Omaha, Nebraska. Torrance Community CU becomes one of the first financial institutions in the United States to offer this service." READ MORE »

September 15, 2009

Jack Henry Reports Record Remote Deposit Capture Transactions

Jack Henry has announced that its Remote Deposit Capture (RDC) solution continues to set new transaction volume records. The company's RDC solution now supports more than 22,000 merchants and 85,000 merchant locations. "After a record-setting July, during which more than 11,350,000 RDC transactions were processed, volumes continued to increase and another monthly record was set in August with more than 11,685,000 RDC transactions processed. The collective transactions processed during this two-month period represent in excess of $18 billion." READ MORE »

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