Get Serious About Offering Remote Deposit: It's Time & Here's How!

Presenter: Lee Wetherington, AAP, ProfitStars
Date: Thursday, April 19, 2012
Time: 2:00 - 3:30 pm Central

Focus:
42% of all credit unions plan to offer Remote Deposit Capture (RDC) in the next two years.  Half of all mobile banking consumers want mobile RDC.  It’s time to get serious.

Thanks to the Smartphone revolution, 25% of all U.S. consumers want mobile remote deposit capture.  Less than 5% of small businesses have commercial RDC – even though a third of them are willing to pay for it.  While top-tier institutions have recently upped the ante with “free RDC” campaigns intended to secure profitable relationships, smaller credit unions may be hesitant, fearing regulatory compliance or puzzling over inflated RDC risk perceptions. 

With big-bank fee defection at an all-time high, the stakes have never been greater, the timing never more critical.  Join us for this enlightening webinar that will quantify the stakes, debunk the RDC risk myth, and show you how to quickly clear the most-common RDC roadblocks.
 

What You Will Learn

  • Top 5 roadblocks to effective deployment of remote deposit capture
  • Tips and tricks for overcoming RDC roadblocks
  • RDC and consumers:  Why mobile RDC is becoming a “must have”
  • RDC oblivion: Why half of small businesses are in the dark and what to do about it
  • RDC risk:  perception versus reality – the opportunity gap
  • RDC marketing:  reaching beyond your best members

Who Should Sign Up?
This practical session is designed for officers and staff responsible for the development, implementation, marketing, risk mitigation, and compliance of your credit union’s RDC service.

About the Presenter:
Lee is Director of Strategic Insight for ProfitStars, a division of Jack Henry & Associates, Inc.®, and provider of best-of-breed solutions that improve the performance of community financial institutions using any core system.  Lee directs the development of actionable insight and strategy for the financial services industry.  To this end, he develops programs, presentations, and articles designed to orient and educate financial institutions on the trends and implications of new technologies.  He delivers keynotes nationwide and serves as the Technology Faculty Chair for several regional banking schools. 

In addition, Lee has authored numerous articles for financial trade periodicals, including Independent Banker and ABA Bank Marketing.  He received bachelor degrees in Economics and English from Duke University in 1990.  In 1995, he earned the distinguished Accredited ACH Professional (AAP) certification from the National Automated Clearing House Association (NACHA).

In This Section