Restrictive Endorsements Assume Greater Import with Pending Reg CC Changes

Restrictive endorsements along with solutions that can identify those endorsements should top to-do list as financial institutions prepare for upcoming Reg CC amendments. Pending amendments to Federal Reserve Regulation CC should be prompting more financial institutions to rethink policies and customer agreements regarding remote deposit capture. Requiring restrictive endorsements, and implementing solutions capable of scanning…

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Changes to Mobile Banking

If you deposit checks through a mobile app, start adding this phrase You may have recently gotten a message from your bank that, yes, you should read and act upon. The message being sent by many banks involves a small, but crucial change involving check deposits made using banks’ mobile apps on smartphones and other…

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