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Remote Deposit Capture & ACH E-Check Products: Exposures and Opportunities

The payments industry is rapidly changing. Just three years ago, electronic payments exceeded check payments for the first time ever! Electronic payments now consist of more than two thirds of all noncash payments and continue to increase at a 12% annual growth rate. What is driving this change? More paper checks are now being converted into either ACH items or Image items using a service called Remote Deposit Capture (RDC). RDC has been one of the fastest growing cash management tools ever introduced to the payments industry. Attend this session to learn more about remote deposit capture and several other popular ACH electronic check products. In this session, a payments professional will provide an electronic payments industry update, explain various e-check products, and discuss exposures and opportunities for each type.
 

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