20th April 2009
This case study encompasses how a business can gain back control, become more efficient, cut costs, etc. by eliminating a wholesale lockbox infrastructure. With the right Remote Deposit Solution, like iStream's, the hardest part will be evaluating and adjusting the process flow. But once it is complete, the benefits far out weigh the investment.
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27th January 2009
Federal Financial Institutions Examination Council (FFIEC) Guidelines for Risk Management of RDC is no surprise
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15th January 2009
The Federal Financial Institutions Examination Council has issued the attached guidance, "Risk Management of Remote Deposit Capture," to assist financial institutions in identifying risks in their remote deposit capture (RDC) systems and evaluating the adequacy of controls and applicable risk management practices. The guidance addresses the necessary elements of an RDC risk management process - risk identification, assessment, and mitigation - and the measurement and monitoring of residual risk exposure. The guidance also discusses the responsibilities of the board of directors and senior management in overseeing the development, implementation, and ongoing operation of RDC.
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