Statistics from Celent report, State of Remote Deposit Capture.
Mobile RDC is experiencing rapid adoption, but mobile photo bill pay has not been as warmly received.
Banking sector spending on information technology expected to grow 4.5% in 2014 and another 4.6% in 2015.
Adoption of commercial remote-deposit capture, which refers to business customer-specific RDC solutions, grew by just 10% in 2011 while mobile RDC has become a priority for U.S. financial institutions and vendors, said a new Celent report, “State of Remote Deposit Capture 2011: Signs of a Maturing Market.”
Commercial remote deposit capture (RDC) adoption has slowed, growing only by 10% in 2011, according to a new Celent report, “State of Remote Deposit Capture 2011: Signs of a Maturing Market.”
Think firm cites "vast potential" for mobile financial management and transaction tools.
The plight and protection of small U.S. credit unions came in for new scrutiny last week following a controversial think tank study by Celent, the Boston research firm, finding that CUs under $50 million are fast disappearing under the weight of tech products, competition, compliance and their own “inefficiencies.”
CUNA economist: Despite size, small credit unions surviving at same rate as small banks.
Around 10% of credit unions looked to upgrade their core banking systems last year, marking a significant increase from the historical percentage average of 4% to 5%, according to two new reports from Boston-based financial research and consulting firm Celent.
Think firm finds technology, competition working to shrink population of smaller credit unions.