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Mobile

Managing Your Mobile RDC Program

By FINANCIAL EDUCATION & DEVELOPMENT | INC

 FINANCIAL EDUCATION & DEVELOPMENT, INC
Overall Rating

Virtual

Dec 8, 2022

12:00 PM PST / 01:00 PM MST / 2:00 PM CST / 03:00 PM EST

About Event

It’s not just about making deposits from afar – although that is a great accountholder benefit. Remote deposit capture allows end users to make deposits safely without entering the branch. An effective RDC program starts with an RDC risk assessment. Prior to implementing RDC, senior management should identify and assess the associated legal, compliance, reputational, and operational risks. They should ensure that RDC is compatible with the institution’s business strategies, understand the return on investment, and weigh management’s ability to manage RDC’s inherent risks. Management’s evaluations of RDC systems, including products and services, should be incorporated into existing risk-assessment processes.

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