It’s not just about making deposits from afar – although that is a great accountholder
benefit. Managing your mobile remote deposit capture (RDC) program is multifaceted. Do
you know the risks involved? How are those risks woven into your institution’s existing risk
assessment program? What about the compliance requirements? Is it time to take
- Plan an appropriate remote deposit capture (RDC) risk assessment approach
- Identify potential risks within your RDC program
- Assign internal controls to mitigate your RDC risks
- Assess next steps to improve your RDC policy
- Review and update your RDC program procedures
Remote deposit capture allows end users to make deposits safely without entering the branch. An
effective RDC program starts with an RDC risk assessment. Prior to implementing RDC, senior
management should identify and assess the associated legal, compliance, reputational, and operational
risks. They should ensure that RDC is compatible with the institution’s business strategies, understand
the return on investment, and weigh management’s ability to manage RDC’s inherent risks. Management’s
evaluations of RDC systems, including products and services, should be incorporated into existing risk assessment processes.
Live and recorded webinar, handouts, quiz with answer key and training log are included.
Your registration includes unlimited locations, making it easier to share and learn with remote staff.
Please note: You may share the link with others at your credit union, however the confirmation will be sent to one primary contact at your credit union. It will be up to the primary contact to share the material with others.