Mobile Remote Deposit Capture: Risks, Rewards, & Deposits
Mobile Remote Deposit Capture has become a game-changer for financial institutions as a strategic channel to extend remote deposit offerings and make banking more convenient. Financial institutions must consider the challenges and opportunities of the changing marketplace and emerging technologies as they consider their RDC business plan.
With recent changes to Regulation CC, the bank of first deposit should consider revisiting its endorsement requirements for the RDC channel to protect themselves against losses. Without the proper restrictive endorsement, the bank of first deposit could face a breach of warranty claim.
Topics covered in this session include related risks; funds availability options; and rules and agreement considerations to help organizations assess current practices, identify potential gaps, and make any necessary adjustments to their RDC program.
Please join Kelly Caspersen for this informative session to learn more on the risks and rewards of Mobile Remote Deposit Capture.
WHAT YOU'LL LEARN
Just a sampling of what this webinar will cover:
- Different types of remote deposit capture
- Rules and regulations surround remote deposit capture
- Considerations for establishing parameters for use of remote deposit capture
- Risks of Mobile RDC
- Mobile RDC funds availability options
- Mobile RDC agreement considerations
- AND MUCH MORE!
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