Creative Payment Solutions, a subsidiary of the $157 billion BB&T Corp. in Winston-Salem, N.C., has announced the debut of a remote deposit capture risk self-assessment product.
The new offering is intended to help financial institutions manage RDC risks while also meeting FFIEC recommendations that institutions meet with large-scale RDC users and help them understand and comply with federal guidelinesthat impact RDC.
Brian McCollum, sales and product development manager for Creative Payment Solutions, said in an interview that visiting each customer in person would cost an institution in the vicinity of $400.
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