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Another Study Touts Small Businesses, Remote Deposit Capture

NEW YORK -- Over the past two days, two separate reports have highlighted remote deposit capture offerings from financial institutions to small businesses but new findings suggest interest may not be as strong--yet.

By Michelle A. Samaad | Updated on March 05, 2008

NEW YORK — Over the past two days, two separate reports have highlighted remote deposit capture offerings from financial institutions to small businesses but new findings suggest interest may not be as strong–yet.

Released yesterday, a report from Celent, a division of Oliver Wyman, surveyed 335 small and micro businesses, found that demand for remote deposit capture is “latent.” RDC adoption will be gradual, taking two more years to reach the 10% mark, the firm noted. Celent expects the majority of direct sales and marketing activities to be focused on businesses above $1 million in revenue.

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