Small-Business Remote Deposit Capture: Finally Going Mainstream
Report Summary
Small-Business Remote Deposit Capture: Finally Going Mainstream
As small-business RDC finally goes mainstream, financial institutions must determine how to cross-sell the product.
Boston, April 2, 2014 – Though remote deposit capture has long been embraced by financial institutions, most of which offer the product, it has only recently begun to resonate with small-business customers. The good news is that product usage has moved beyond just early adopters. But to spin users out of interested customers, how can financial institutions target small businesses? And how can they communicate RDC's value proposition?
Based primarily on the results of a September 2013 online survey of 1,003 U.S.-based businesses generating less than US$20 million in annual revenue, this Impact Note analyzes the state of small-business RDC at financial institutions in the United States, the progress that has been made toward adoption, and the key benefits users are enjoying.
This 17-page Impact Note contains 15 figures. Clients of Aite Group's Wholesale Banking service can download this report.