Remote Deposit Capture Requires Caution, Has Benefits for Banks
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| Peter Shea is senior vice president of operations at Bank of Canton (www.ibankcanton.com). Established in 1835, the state-chartered mutual savings institution has offices in Canton, Quincy, Randolph, Brookline and Hyannis, and lends throughout Massachusetts. |
By Peter Shea
It’s hard to ignore the recent buzz surrounding remote deposit capture (RDC) in the financial services industry, and if you are considering adding remote deposit service to your commercial banking product set, you’re not alone.
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