| Title: | Coming Soon: Remote Deposit Capture For Consumers? |
| Price: | $249.00 |
| Publication Date: | Jul 27, 2007 |
| Source: | Forrester Research |
| Author: | Mary Pilecki |
| Report Type: | Trends |
| Word Count: | 2290 |
| Length: | 6 Pages |
| Description: | USAA has seen success in deposit growth since it began offering remote deposit capture (RDC) capabilities to consumer depositors. Although RDC adoption by businesses has been growing at a very fast rate, Forrester believes that the service for consumers needs time to enable more secure capabilities against fraud to be put in place, and to see if mass-market consumers actually realize any benefits beyond convenience. But with check writing quickly dwindling as a payments instrument, RDC for consumers might not have time to evolve into readiness for mass adoption, in which case it is likely to be a bridge technology relevant for a maximum of 10 years. |
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