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Capturing value from Check 21: new opportunities for banks and commercial customers.
The initial wave of image technology supporting Check 21 legislation was expected to focus on branch capture of checks, but it turned out that the first wave has been remote deposit capture (RDC) by corporate customers. Banks are making fee income on RDC, but they haven't moved quickly to capture anticipated savings on transportation costs, operations staff, process efficiencies, and fraud detection. Here are some key savings opportunities for banks:
* Reduce messenger transportation costs. Today, bank branches have multiple daily messenger runs between the branch and the local operations center to transport teller batches and checks. With image capture at the ...
- Image Capture: Check Scans Save Time and Money: Small banks embracing branch...
- Magazine article from: Bank Technology News Fest, Glen December 1, 2006 700+ words
...seen that only large banks have implemented branch image capture," says Meara...capture is with small banks." Alogent, whose...buttered by large-bank orders, partners...teller/back counter image capture downstream. Rival...
- APPLE ANNOUNCES APPLE IMAGE CAPTURE PLATFORM
- Press release article from: PR Newswire May 13, 1996 700+ words
...technologies. Apple today introduced the Apple Image Capture Platform and announced its intentions...and output. The heart of the Apple Image Capture Platform is Apple's QuickTime IC (Image Capture) technology. This technology combines...
- Image Capture: Check Scans Save Time and Money: Small banks embracing branch...
- News wire article from: Banking Wire Fest, Glen December 5, 2006 700+ words
...seen that only large banks have implemented branch image capture," says Meara...capture is with small banks." Alogent, whose...buttered by large-bank orders, partners...teller/back counter image capture downstream. Rival...
- MOTOROLA'S MPC823 MICROPROCESSOR PROVIDES ENHANCED CAPABILITIES FOR APPLE'S...
- Press release article from: PR Newswire May 14, 1996 700+ words
...semiconductor of choice for use with its Image Capture Platform(TM), also announced today...customized applications for cameras and other image capture devices. At the heart of Apple's Image Capture Platform is Apple's QuickTime IC...
- Image Capture Engineering, Inc. Becomes Part of LexisNexis.
- Press release article from: Business Wire June 6, 2007 700+ words
...Applied Discovery([R]) has acquired Image Capture Engineering, Inc. - the industry...disclosed. Based in Omaha, Nebraska, Image Capture Engineering's newest product, LAW...Mark Roberts, president and owner of Image Capture Engineering. "I'm very pleased...
- Expert Available: Emerging Merchant and Branch Image Capture Trend.
- Press release article from: Business Wire August 24, 2006 700+ words
...regards to remote image capture -- Liability issues...surrounding merchant image capture and differences...Justification for merchant image capture versus cloudy ROI...full-service bank technology and...solutions to community banks of all sizes...
- Socket Introduces Image Capture Technology for Bar Code Scanning Products.
- Press release article from: Business Wire September 24, 2002 700+ words
...TM) Company, today announced new image capture technology for bar code scanning products...imaging technology from HHP to enable image capture by mobile computers. It will be available...Socket will be demonstrating its new image capture technology here at booth #2627 and...
- Research and Markets: Image Capture Services and Content Management Services...
- Press release article from: PR Newswire May 5, 2005 700+ words
...announced the addition of Profile of Image Capture and Content Management Services offered...rates than traditional print services. Image capture services and content management services...of print customers use some type of image capture service, and just over 41% of respondents...
Source: HighBeam Research, Capturing value from Check 21: new opportunities for banks and...