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December 3, 2009

Digital Check Expands Into Brazil With Remote Deposit Capture Technology

Plans to strengthen partner relationships and add resellers outside the US

By CBR Staff Writer

Digital Check, a provider of desktop check scanners and remote deposit capture technology to the financial industry, has said that it has most recently established a presence in Brazil, the country with the highest volume of check use in Latin America. Brazil will soon be enacting legislation supporting check imaging, remote deposit capture (RDC) technology and electronic check truncation.

According to the company, as the technology behind check scanners advances and check truncation legislation is implemented, many countries across the globe are adopting RDC technology in order to achieve the same time and cost-savings US financial institutions and their clients’ experience.

Alex Trombetta, managing director for international markets for Digital Check, said: With more than 15 years of experience with electronic check truncation in international markets, Digital Check has seen a significant increase in the use of check truncation in areas outside of the US.

As this trend grows, with countries such as Brazil legislating check truncation, Digital Check will continue to invest in international markets, increasing our footprint by strengthening partner relationships and adding resellers in these countries.

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