A New Look at Merchant Remote Deposit Capture (RDC) - Getting Merchants to Use the Service: MarketsandMarkets

DALLAS, Texas, May 11, 2010 - RDC growth from 2004 to 2008 has been an impressive 70% per
year. The initial adoption was among the banks and financial institutions as
branch deposit capture. This was followed by the adoption of the bank's
commercial base wherein the major targeted segment was big businesses where
banks held their core deposit and asset base. As banks turned their focus to
merchants, they initially targeted small and medium size businesses with
annual revenue of $1 million to $25 million. While the adoption has lagged
behind expectations, 2% in 2007, this segment of the market is beginning to
see value in the solution and adoption is on the upswing, currently around
30%. The big unknown, the micro business segments with annual revenue of
$25,000 to $1 million, represents 70% of all printed checks, and promises to
be an attractive market if banks can learn how to crack it.

Browse in-depth TOC on A New Look At Merchant Remote Deposit Capture
(RDC) - Getting Merchants to Use the Service

www.marketsandmarkets.com/Market-Reports/merchant-remote-deposit-c
apture-180.html

The total number of businesses in the US is around 24 million, of which
around 17 million are eligible for the RDC solution. With the launch of RDC
it was expected that by 2012 it will tap the huge potential segment. However,
low adoption rate has led to an 'opportunity gap' here. The opportunity gap
also arises from the currently inefficient channel of marketing RDC, the
failure to deploy scanners to the end-users, and the lack of training and
awareness.

The objective of the report is to provide the most effective channel and
message, the target market, and provide an insight into the decision making
process. Our report, A New Look at Merchant Remote Deposit Capture, Getting
Merchants to Use the Service, will help Financial Institutions to gain a
better understanding of what they can do now to increase the RDC penetration.

    Scope of the report

    - Strategy Formulation - Market definition, industry overview, market
      size, key drivers, and issues related to the adoption of the remote
      deposit capture among merchants
    - Business Models - Live business case studies on go-to-market
      strategies, and on challenges during RDC deployment
    - Vendor Analysis - Vendor profiling, vendor benchmarking and analysis

Analyst Briefing on A New Look At Merchant Remote Deposit Capture (RDC) -
Getting Merchants to Use the Service to be held on 15th June 2010

The Banking and Financial practice at MarketsandMarkets is pleased to
announce its Analyst Briefing Presentation on A New Look At Merchant Remote
Deposit Capture (RDC) - Getting Merchants to Use the Service to be held on
15th June 2010. The briefing on A New Look At Merchant Remote Deposit Capture
(RDC) - Getting Merchants to Use the Service will benefit banks, ISO's and
other financial institutions.

To register for this briefing, please click here:
www.marketsandmarkets.com/AnalystBriefing/remote-deposit-capture.a
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About MarketsandMarkets

MarketsandMarkets (M&M) is a global market research and consulting
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Contact: Ms. Sunita, 7557 Rambler road, Suite 727, Dallas, TX 75231, Tel: +1-888-989-8004, Email: sales at marketsandmarkets.com