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October 2009 - Scott Haynes
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Welcome to October, Autumn, football season, and increasing Remote Deposit Capture sales.  After a relatively calm summer, everyone appears to have returned from vacations ready to sell RDC.  Numbers are on the rise.  In addition, two banks have recently launched RDC sales campaigns, and enjoyed immediate success.

As you already know, RDC has many benefits for both you and your clients.  Here's a list of some benefits provided in a Webinar I attended last month:
- Deposit acquisition
- New revenue stream for FI
- Additional product to cross-sell to customers and deepen relationships
- Growing customer expectations
- Expands FI geographic footprint without the need for brick and mortar
- Low volume RDC will increase FI ability to penetrate small business market

Speaking of Low Volume RDC, several of you are very anxious to get your hands on our new product.  CPS has been successfully piloting Low Volume since mid-summer.  Our development team is in the final stages of making this product available to all our financial institutions in our next release.  That release is currently scheduled for the middle of December.  Stay tuned for more details on all the December enhancements.  For those of you interested in Low Volume RDC, CPS will require a mini-implementation of the product.  This will include training and testing, and should not exceed a couple days.  As we exit 2009 and move into 2010, please include this implementation in your planning and scheduling.

Now, let's Check It Out.  Today's topic is the use of a paper deposit ticket with Remote Deposit Capture.  There's some definite benefits.  Please, take a moment and check out the attached document.

October 2009 Check It Out attachment

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