Called Remote Deposit Capture, the technology lets people scan checks through their home computers and deposit them electronically has been around for several years, but it has been used mainly for businesses.
Customers want to be able to deposit checks without having to go to banks, said Rod Springhetti, CheckFree's vice president of global strategic marketing, and banks want to be able to offer that.
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The US Federal Reserve has called Remote Deposit Capture“The most important development the (U.S.) banking industry has seen in years”. True, new technologies are eliminating paper checks, but the fact is that they are still heavily used especially for business. As such the ability to remotely deposit checks offers significant advantages. You can find out more at www.remotebankdeposit.com.
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