Financial institutions looking for low-cost sources of non-interest income (and what financial institution isn’t) should consider payroll card programs. A well-run payroll card program will drive financial benefits to businesses, their employees, and financial institutions. Read more

Mobile deposit rules! Well, not quite. But it certainly has a steep adoption curve, and that adoption curve is set to grow steeper with a new solution geared specifically to smaller banks and credit unions. It’s called Select Mobile™ Deposit-Express, and it’s the latest mobile deposit innovation from Cachet. Read more

Mobile remote deposit capture is radically changing the competitive landscape for financial services, particularly competition for Millennials. This is good news for cost-conscious banks and credit unions, as mobile deposits are significantly cheaper to accept than in-branch deposits. Of course, there is a downside to consider: criminals, intent on undermining the integrity of the financial system, are always on the lookout for new ways to defraud companies and consumers. Read more

Monitoring and measuring the results of an RDC initiative is all too often an over-looked and under-valued part of the implementation process. It is, however, a crucial piece to understanding your program’s current success and determining new or improved ways to ensure the program continues… Read more

Last week I wrote a post about promoting your business RDC programs. If you haven’t had a chance to read it, you can find it here . As promised I’m following up today with ideas for promoting your consumer RDC programs. One thing you’ll notice about the following examples… Read more

In my last posts in this series, I didn’t distinguish between strategies for merchant RDC or consumer RDC. However, when planning your RDC promotion activities, the approach you take will depend on the solution you are offering. Today I’m posting my top 10 strategies for… Read more

“It’s important to recognize that new products will only be as successful as the managers and front-line employees who sell and service them”. -Teresa Tschida, Gallup Business Journal An obvious, but oft overlooked fact – having a well-trained and motivated staff… Read more

With the growing media attention around remote deposit capture (RDC) you might assume the product sells itself. However, as with all new products, a market plan is critical to the economic success of your RDC initiative. It is the blueprint for how you plan to achieve your program goals and… Read more

Imagine a dealership where no one knows how to drive. It’s a ridiculous thought, of course. After all, how can someone sell a car without understanding the value proposition it offers? The same is true for RDC. For a financial institution to succeed in offering RDC products, it… Read more