Mobile Deposit "Lunch and Learn" Webinar

With Mobile deposit, credit unions are able to offer all the advantages of RDC to their valued members. Members using smartphones are now able to deposit checks remotely simply by taking a picture of the check and sending it to their credit union. 

Join MnIPC and Cachet Financial Solutions for a 30 minute introduction to Mobile Deposit.

Kevin Harrigan, our guest speaker from Cachet, is prepared to answer all of your Mobile Deposit questions including:
· What is Mobile Deposit, and why should I care?
· How safe is it?
· How will Mobile Deposit benefit my members?
· What are the financial considerations?
· How can I get more information?

Mobile deposit makes life simple. Members simply type in their deposit amounts, snap photos of the check and submit them to their credit union. Once the photograph is taken, the mobile deposit software converts it to an industry standard Check 21 image for transmission to an RDC platform. Before transmitting the images, the program formats them, automatically corrects any distortions, and confirms they meet Check 21 image-quality standards. After the check is submitted, members receive a notification from their credit union alerting them that the transaction was successful. All transactions are run through multiple layers of security and, if necessary, can be traced back to registered smartphones making fraud easy to detect and combat.  

To download a recorded video of the webinar, please click here. (159 mb Windows Media Video)

If you have a question that was not answered during the session, please contact us at: