Increasingly, FI executives are realizing that they need to transform their institutions into “self-service” solutions. It’s an insight motivated by both cost-savings and growth opportunities. The need for cost-savings (while always key), has been further heightened by regulations such as the Dodd–Frank Act and the Durbin Amendment. On the flip side, Gen-Y small business development (along with super-regional bank competition) has led to greater opportunities for growth than ever before.

Remote deposit capture (RDC) is a key element of this cost-saving and growth equation. Initially, most FIs concentrated their RDC efforts on large commercial accounts. This was driven by the significant platform and process challenges involved with pursuing high volumes of small businesses (SMB) and small-office/home-office (SOHO) businesses run by the Gen-Y crowd. But FI executives are now discovering that they can eliminate the single largest obstacle to widespread SMB deployment by migrating from in-house to outsourced RDC. And those who acted first are wielding a significant advantage over their competitors, both in terms of customer retention and attracting new business.

CFC helps FIs. How? It's not complicated. We take care of your RDC services so you don't have to. Your customers get the services they need, and your FI stays profitable and running smoothly. RDC is big right now. Too big to ignore, yet too complex to manage alone. For an RDC solution that your FI can grow with, turn to CFC—and take the challenge out of capture.