Credit unions benefit from Remote Deposit Capture (RDC)
Check 21 made it possible for banks and credit unions to transmit check images electronically for clearing, processing and settlement. Credit unions wanted to take advantage of the potential that Check 21 offered by harnessing the efficiencies that would be gained by replacing the traditional paper-based check collection process with electronic transactions. By utilizing EasCorp's eDespit with A2iA CheckReader, nearly 100 credit unions electronically process more than three million checks a month, reducing costs, fraud, and time to payment.
