Managing Multiple Payment Channels

When Congress passed the Check Clearing for the 21st Century Act of 2004, legislators did far more than authorize the use of scanned or digital images as the legal equivalent of paper checks. The act known as Check 21 spawned a new industry: remote deposit capture (RDC). Since its inception in October 2004, RDC's landscape has changed dramatically. Snapshots: a fast rise from a fledgling to a maturing industry; rapid advances in technology, including the advent of mobile RDC; security and…