[I am in Las Vegas for the TAWPI Payments in Transition conference – these are my notes from one of the sessions. An index of all of the sessions and links to the rest of my notes is here. - EMc] Distributed Capture: Trends, Opportunities & ChallengesDavid...
I am in Las Vegas for the fifth annual TAWPI Payments in Transition conference (with the largest attendance yet: approximately 140 billers, bankers and vendors). TAWPI - the Association for Work Process Improvement - is focused on payments automation, distributed...
Over at the TAWPI blog, Mark Brousseau asks Wally Vogel of Creditron What's the fuss over remote capture? Wally responds as follows (emphasis is mine): “The strategy of moving image capture to the point of presentment provides numerous advantages,” Wally Vogel...
Cash processing is not only time consuming but fraught with security challenges (and associated high costs of dual custody, surveillance, etc.). The astounding success of remote deposit capture of checks has prompted interest in remote CASH deposit services....
A recent survey by the Independent Community Bankers of America (ICBA) finds that community banks are leveraging technology and electronic payments to serve small business customers and extend their market reach. More than 1,100 community banks responded to the...
Aite Group releases a report today predicting that check electronification will increase to 75% of checks issued by 2012. The report forecasts that the over all number of checks written will steadily decrease, but that an increasing percentage of checks written...
A recent survey by TAWPI indicates that Remote Deposit Capture is delivering returns to FIs and corporates:A whopping 78 percent of respondents to a recent TAWPI Question of the Week say that their organization is receiving payback on its remote deposit capture...
Celent's latest remote capture deposit report highlights the gulf between the very few financial institutions that have successfully deployed RDC solutions and the remaining 3000+ whose results are lackluster (see chart below, courtesy of Celent). 7 Habits for...
Digital Transactions News highlights a new product from RemitPro that is being sold directly to merchants, regardless of their bank. eRemitPro enables small businesses to scan checks and prepare electronic deposits that are routed through Vanco to Wells Fargo for...
In the September issue of Bank Technology News David Foss describes the unprecedented success of remote capture and anticipates even more growth to come, citing projections from Financial Insights and Aite. But most interesting to me was that he sees remote capture...
