US Dataworks and RDM Expand Partnership to Offer Mobile and Remote Deposit Capture Solutions
SUGAR LAND, Texas, April 22, 2013 /PRNewswire/ -- US Dataworks, Inc. (OTC Bulletin Board: UDWK), a leader in cloud payment processing solutions, today announced that it has expanded its strategic partnership with RDM Corporation, a leader in remote deposit capture (RDC) solutions. US Dataworks can now offer RDM's cloud and mobile RDC platforms through its nationwide reseller channel to meet the demand from community banks looking for flexible solutions to better serve their end-users.
US Dataworks' community bank customers will benefit from RDM's remote deposit capture in several areas including:
- Low cost of deployment
- Remote management capabilities for customer set-up and configuration
- Risk mitigation tools from reports to deposit limits and advanced authentication
"The addition of the RDM cloud-based Mobile and RDC platform to our Clearingworks solution suite demonstrates the flexibility of our unique offering," stated Leilani Doyle, Vice President of Product Management. "We are committed to making payments simple. Extending our solution makes it simple for the thousand-plus community banks we serve to implement a solution previously reserved for the top 100 banks."
"We are pleased to expand our strategic alliance with US Dataworks to offer our RDC solutions to the community bank market," said Randy Fowlie, President and CEO for RDM Corporation. "US Dataworks is well positioned to enhance existing relationships and grow its client base by offering cloud and mobile based RDC solutions."
About RDM Corporation
RDM Corporation (TSX: RC) is headquartered in Waterloo, Canada - recognized as the world's Top Intelligent Community. RDM offers products and services that make it simple for businesses to manage non-cash payment transactions. We build agile, interconnected solutions based on Remote Deposit Capture, check scanning hardware and software, mobile payment solutions and more.
Where we truly add value for financial institutions and service providers is in our industry experience, expert customer service and ability to offer a single-source, intuitive payment network that's as easy to use as it is to scale. As financial institutions evolve, our solutions will grow to ensure complete access to the ever-expanding world of payment technology.
About US Dataworks
US Dataworks offers cloud payment processing services with proven enterprise-class payment, deposit, returns processing, and powerful payment analytic tools. US Dataworks' solutions are trusted to process $7 billion in payments each day for utilities, telecommunications providers, content providers, financial institutions and government agencies. Additional information about US Dataworks is available at www.usdataworks.com.
Certain statements made in this press release (other than the historical information contained herein) constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, including, but not limited to, statements regarding our expectations concerning our current and future products, our partnering arrangement with RDM Corporation and its mobile and remote deposit capture solutions. Any forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including, but not limited to, the failure of our new solution to perform as anticipated, our ability to provide long-term customer value and agility, our ability to protect our intellectual property, our position in the marketplace, our ability to develop and timely introduce products that address market demand, the impact of alternative technological advances and competitive products, market fluctuations, our ability to repay or refinance our debt, our ability to realize the anticipated benefits from our business initiatives, and other risks detailed from time to time in our SEC reports including our Annual Report on Form 10-K for the year ended March 31, 2012 filed with the SEC on July 13, 2012. These forward-looking statements speak only as of the date hereof. US Dataworks disclaims any obligation to update these forward-looking statements.
SOURCE US Dataworks, Inc.