RDC- Remote deposit capture is a technology that makes an individual to remotely scan his/her checks via internet protocol and send across the image of checks for the deposits. Definitely, it is one of the revolutionary technologies for banking sectors. However, Check 21 act passed by United States federal law made it possible for banks to clear check images rather than physically depositing to bank.
RDC is rising significantly in banking sectors due to its convenience offered over other methods to deposit funds.
Burroughs, Inc. leading manufacture of banking check scanners, recently added the SmartSource Micro Elite check and document scanner to its list. The company is working since 1999 to deliver over a half-million world class check scanners for banking purposes.
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"We are pleased to be able to provide the remote deposit capture community with the industry-leading technology and quality for which Burroughs is so well-known." said Alan Grote, Burroughs Vice President of Worldwide Product Sales. "Financial institutions know that Burroughs does technology better. The Micro Elite scanner is the perfect check scanning solution for their low-volume remote deposit capture customers."
This new device by Burroughs, Inc. would be best for low volume RDC. With its Magnetic Ink Character Recognition (MICR), any fraudulent item can be identified at the earliest. Also, it has the smallest footprint that would save plethora of desktop space.
Definitely, remote deposit capture market is witnessing an upsurge. Many researchers suggest that it would be one of the attractive segments in years to come. One of such latest research report on RDC market was published by Allied Market Research that forecasts the global remote deposit capture market to grow exponentially. Further, the report states that the factors that would have a positive impact on the market growth are busy schedule, rise in online transaction trend, and time constraints.
