remote deposit capture

thirdstreams labs is very excited to announce the addition of Remote Deposit Capture (RDC) to cumulus™. This functionality will significantly decrease the completion time of an application and greatly improve the user experience.

At the end of the current process, the user is required to send a cheque to the credit union via Canada Post (snail mail). The new process will enable the user to submit their cheque digitally. The credit union will receive these funds almost instantly. What used to take days (10 on average) can now be done in a matter of minutes.

In terms of user experience, users are now able to complete the entire process from their digital devices. They will no longer be required to find an envelope, stamp and mailbox to send the cheque.

The way we see it, every hurdle we can remove from the user experience will substantially increase the conversion rate and make the process that much more enjoyable.

With the addition of RDC, cumulus™ has become an even more powerful virtual account opening and member onboarding system.

2014-03-07T12:31:11+00:00 March 7th, 2014|Categories: uncategorized|Tags: , , , |0 Comments

Leave A Comment

By submitting this form, you are granting: thirdstream, 105 8th street south, Lethbridge, AB, T1J 2J4, permission to email you. You may unsubscribe via the link found at the bottom of every email. (See our Email Privacy Policy ( for details.) Emails are serviced by Constant Contact.