ALPHARETTA, Ga., June 2, 2017 /PRNewswire/ -- RemoteDepositCapture.com has launched the industry's 4th annual Mobile Remote Deposit Capture (mRDC) Industry Study. Designed for financial institutions, the results will help participating financial institutions benchmark activities across several categories including customer selection, risk management, pricing, availability, systemic capabilities, risk perceptions and more. Market segments covered include Consumer, Small Business and Corporate / Treasury.
To participate in the study, please Click Here.
"With the majority of Financial Institutions in the U.S. now offering mobile RDC, it has never been more important for these FIs to understand the dynamics of the mRDC marketplace," says John Leekley, Founder & CEO of RemoteDepositCapture.com. "It is critically important for these FIs to understand the risks and rewards of Mobile RDC, how to best manage risk, and to be able to benchmark themselves against the broader industry in terms of pricing, functionality and more."
As the industry's leading resource and portal for news, information, products and services about RDC, and the RDC industry's de-facto trade association, RemoteDepositCapture.com offers an ideal platform to bring the industry together to share insights and best practices on all aspects of RDC. Website registration is free, and provides access to news, research, discussion forums, sponsored webinars, calculators and more.
The study survey takes as little as 10 minutes to complete. Knowledge of your FI's Mobile RDC volumes, values, markets and risk management capabilities and activity will help you complete the survey. The survey is part of a broader initiative by RemoteDepositCapture.com to provide insight and perspective on mobile RDC. Articles, a Webinar and a special report on study findings are also planned.
Over 300 financial institutions participated in the Third Annual mRDC Industry Study, in 2016. That study revealed, among other things that:
- 38% of respondents were either less than 1 year into, or within 1 year of offering mRDC.
- 15% of financial institutions who offer mRDC to their Consumer customers either already do, plan to, or are considering charging a fee.
- 9% of financial institutions that offer mRDC provide immediate availability; over 60% provide next-day or two-day availability.
- The majority of financial institutions (about 75%) have incurred NO losses attributable to their mRDC offerings and 80% of those that have reported losses incurred losses from the retail segment.
- The vast majority (92%) feel that the benefits of offering mRDC outweigh the risks and costs.
- An Industry First: The Duplicate Loss Rate (DLR) was announced.
(To view a webinar detailing those results and download a pdf of the presentation, please click here).
Financial institutions that complete the survey can receive a summary of findings and will be invited to a webinar, which will discuss the findings, trends, and provide additional insights on risk management, pricing and more. To participate in the study, please Click Here.
RemoteDepositCapture.com is the leading independent authority on remote deposit capture and the de facto trade association for the RDC Industry. From informative webinars, topical research and original news and analysis, to vendor directories, business tools and access to knowledge experts, RemoteDepositCapture.com is the only information and services portal devoted exclusively to RDC and Payments. Membership to RemoteDepsositCapture.com is available to any individual involved with RDC, at a cost of $599 per year. Click here to learn more about Membership and visit RemoteDepositCapture.com for news and updates on the RDC Industry.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/the-4th-annual-mobile-remote-deposit-capture-industry-study-is-now-underway-300467751.html