EasCorp said five more credit unions have committed to using mobile remote-deposit capture from its Vertifi Software LLC subsidiary.
Corporate's Vertifi Software subsidiary doubles enrollment in past year.
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.”
Research firm Aite Group has found that some small businesses may not be gravitating to remote deposit capture despite a high adoption rate at financial institutions.
The increasing awareness of and demand for mobile deposit has placed credit unions at an interesting crossroads.
Oregon CU using Atlanta company's data center until transitioning solutions back in-house.
The $800 million Andrews Federal Credit Union is now offering remote-deposit capture service through desktop scanners to its 90,000 members around the world.
Military, civilian personnel around world expected to use home scanners to send in checks.
Vertifi Software attributes rapid growth in deposits to mobile adoption.
The 204,000 members of the $3.2 billion Ent Federal Credit Union in Colorado Springs, Colo., can now deposit checks using the cameras on their iPhones and Droids.