As a provider of RDC to end users, Cachet Financial Solutions takes the responsibility of delivering a safe, secure and compliant solution to our clients very seriously. Financial institutions considering offering RDC must decide what functionality and risk mitigation tools are at your disposal to address possible liabilities. Some key features of our RDC Select™ solution which can help mitigate that risk include:

• Item Replication Detection (detects if a single item has been deposited multiple times);
• Image Quality Analysis and Usability Tests (help identify if an image meets certain requirements for clearing);
• MICR Detection (a leading indicators of a fraudulent check is the lack of MICR (Magnetic Ink Character Recognition) ink;
• Field Permission Capabilities (prevents the end-user from editing or entering the information contained on a check's MICR line);
• Multi-Level and Multi-User Security Levels (ensures the scanner is not also the same person who reviews, approves and transmits the deposit);
• Audit Trail Logging (tracks every action performed on the system);
• Aggregate Reporting Capabilities (views and monitors all of an organization's RDC activities).