Bank Systems & Technology is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Channels

10:23 AM
Connect Directly
Facebook
Twitter
Google+
RSS
E-Mail
50%
50%

American Red Cross Using RDC to Process Donations

The American Red Cross announced today that it is introducing a mobile check deposit capture solution to help process donations from around the country.

While banking customers are enjoying the convenience of the mobile check deposit capture capture capabilities that more and more banks are rolling out, the American Red Cross is putting the same technology to a different use - collecting donations. The organization is using the technology to help in processing donations that it receives from its chapters around the country.

The Red Cross partnered with Panini, a payment solutions provider, which provided the hardware and support for the RDC solution, and FINI, a receivables management company that integrated its ETran software with the Red Coss's own systems to process a variety of payment types. The Red Cross made use of Panini's Vision X system for the back-end electronic capture of donations, and implemented Panini's wI:Deal imaging solution, according to a statement released by Panini.

The choice to use a mobile check deposit solution was driven by the Red Cross's desire to cut costs in processing donations, and put more of each donated dollar towards the cause that it works for, Steve Casey, corporate treasurer for the American Red Cross, said in the statement.

[See Related: Mobile Remote Deposit Capture: Putting a Price on Convenience ]

Jonathan Camhi has been an associate editor with Bank Systems & Technology since 2012. He previously worked as a freelance journalist in New York City covering politics, health and immigration, and has a master's degree from the City University of New York's Graduate School ... View Full Bio

Register for Bank Systems & Technology Newsletters
Slideshows
Video
Bank Systems & Technology Radio
Archived Audio Interviews
Join Bank Systems & Technology Associate Editor Bryan Yurcan, and guests Karen Massey and Jerry Silva from IDC Financial Insights, for a conversation about the firm's 11th annual FinTech rankings.