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Regulators Issue Guidance on Remote Deposit Capture

Regulators Issue Guidance on Remote Deposit Capture. RDC is a service that allows a customer to scan checks and transmit the scanned images or ACH-data to a financial institution for posting and clearing. Regulators say the Interagency RDC examination procedures are expected in an updated version of FFIEC’s Retail Payment Systems booklet that will come out in early 2009. The guidance includes essential elements of Risk Management of Remote Deposit capture, including identifying, assessing and mitigating risk as well as measuring and monitoring residual risk exposure.”]

Source: https://www.careersinfosecurity.com/regulators-issue-guidance-on-remote-deposit-capture-a-1161

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