RDC Risk Management
Financial institutions are required to monitor a customer’s remote deposit activity according to regulatory guidelines. This understanding includes a depositor’s business activity including their expected deposit volumes and expected deposit amounts. With FlexDirect, these business characteristics are uniquely identified for each client with analytics to monitor their ongoing activity. FlexDirect reporting tools identify changes in deposit total, per-item, or account thresholds. Variances in deposit patterns are subject to closer review – FlexDirect provides the necessary tools to mitigate risk and demonstrate appropriate management control over the financial institution’s remote deposit solution.