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Vertifis RDC passes 1B in deposits
BURLINGTON, Mass. (6/30/11)--DeposZip, a proprietary remote deposit capture (RDC) service offered by Vertifi, has surpassed $1 billion in cumulative deposits. With DeposZip, credit union members--including business-account owners--can deposit checks from desktop scanners or cameras contained in their mobile devices. DeposZip’s introduction was desktop based, requiring a personal computer and scanner. DeposZip Mobile was launched in January 2010. In its infancy, DeposZip Mobile allowed members to make deposits via a downloadable application developed exclusively for the iPhone. DeposZip now includes apps for the iPad, iPod touch, and Android devices. The introduction of DeposZip Mobile has accelerated the program’s growth, said Vertifi. Registered users have grown to 140,000 from 78,000 in the past year, and average daily deposits in nearly 70 participating credit unions now exceed $2 million. Vertifi is a subsidiary of Eastern Corporate FCU.


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