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More Than 40% of FIs in US Adopt Remote Deposit Capture, Security the Main Threat

Remote deposit capture (RDC) is considered to be the most important development by the Federal Reserve in the US. Remote deposit capture refers to the ability to deposit a check into a bank account from a remote location without having to physically deliver it to the bank. This is achieved by scanning a digital image of the check and then transmitting it to the bank, a practice that became legal in the United States in 2004 when the Check Clearing for the 21st Century Act (or Check ...

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