Just wanted to share one of the items regarding Risk Assessment & RDC that I came across. You should consider the increase risk of kiting by merchants using RDC. We rely heavily on our front line staff to identify potential kiting schemes and without seeing the physical checks coming through, we may end up as the last one in the game (a.k.a. Loser
). We utilize our core system's kite suspect monitoring, but in the last six years, it has never identified an actual perpetrator. However, our tellers have and I'm happy to say we haven't experienced a loss yet.
The white paper (Remote Deposit Capture - A White Paper Addressing Regulatory, Operational and Risk Issues by NetDeposit)recommends stating in your Agreement that the customer is not allowed to deposit checks issued by and drawn on the customer and/or their affiliates.
For a host of whitepapers addressing RDC, go to: http://remotedepositcapture.com/WPC/white_papers.htm