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Deposit Check ImageNiagara Regional Federal Credit Union (FCU), a progressive Credit Union located in the Niagara Falls area of New York, has implemented the Sharetec Remote Deposit Capture (RDC) mobile application. The application is fully integrated with the Sharetec mobile banking application as well as the Sharetec Core Processing system.

With the Sharetec RDC application, Credit Unions can give customers and business clients the freedom to deposit checks on their own schedules, anywhere, anytime, with only a Smartphone or tablet. Through this mobile banking application, users simply snap pictures of their endorsed checks and submit them for processing.

RDC, once a niche service offered selectively to business customers, has transformed into a mass-market service with integral capability in mobile banking solutions. Across the financial services industry, Mobile RDC projects are underway in Credit Unions of all sizes to meet the market demand from retail and small business customers.

Furthering that momentum, deposit growth continues to be a strategic cornerstone of retail banking, and Mobile RDC has been a proven catalyst for generating new revenue sources, new customers, and deposit growth. As financial institutions refine their mobile banking strategies, Mobile RDC has been elevated to be a priority initiative.