Remote Deposit Capture for AR Speeds Cash, Lowers Costs

Adoption of Remote Deposit Capture (RDC) solutions has grown dramatically over the past six years, according to a study, State of Remote Deposit Capture: Signs of a Maturing Market, from research and advisory firm Celent. The number of scanners deployed by RDC clients in the U.S. had already topped 700,000 by the end of 2011 (see first Exhibit). Celent estimates 75 percent of US banks and 50 percent of U.S. finance institutions offer one or more commercial RDC solutions to corporate clients.…