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Last updated on April 19, 2014 at 9:20 EDT

RDM Corporation Extends Mobile Deposit Services to Android Phones

March 15, 2012

Toronto Stock Exchange Symbol: RC

WATERLOO, ON, March 15, 2012 /PRNewswire/ – RDM Corporation (TSX: RC), a
leading developer of specialized software and hardware products for
electronic payment processing, announced the support of Simply Deposit
Mobile® for Android. This new application follows the previously
released version for iPhone. Simply Deposit Mobile enables users to
deposit checks with their Android phone from virtually anywhere. RDM
has been an early leader and pioneer in mobile payments, offering
mobile check capture services since 2009. Adoption of mobile banking is
having significant impact on how businesses interact with their
customers and ‘do business’ with their financial institution. RDM’s
depth of hardware products and industry specific software solutions
provides a strong competitive advantage for their clients in the market
who have made remote deposit capture a primary product focus.

“Our customers expressed the need to increase our support for mobile
payments, and with the Android version of Simply Deposit Mobile, RDM
now supports both the iPhone and Android devices. The convenience of
mobile deposits is gaining traction in industries such as
broker/dealers, contractors and delivery services,” said Randy Fowlie,
President and CEO of RDM. “Deposits are processed through RDM’s proven
and secure ITMS® platform which aggregates all check deposits, and can
be used for seamless accounts receivable integration.”

Smartphone technology is being embraced for convenience and reliability
and coupled with the RDM Simply Deposit Mobile Android application,
users are able to capture check images with the piece of mind that no
data is stored on the device and submits the deposits to RDM’s secure
ITMS remote deposit capture platform which addresses security,
compliance and risks concerns. Simply Deposit Mobile has a simplified
and intuitive user interface and workflow that requires virtually no
training.

Not only is Simply Deposit Mobile easy to use, it can take less than a
minute to deposit a check. Users can capture and securely deposit
checks with their Android phone at their customer’s location, reducing
check float and the incidence of lost checks.

About RDM Corporation

RDM Corporation is headquartered in Waterloo, Ontario and trades on the
Toronto Stock Exchange under the symbol RC. RDM is a leading provider
of specialized software and hardware products for electronic payment
processing. RDM has pioneered electronic check conversion systems and
web based image and transaction management services for banks,
retailers, payment processors and government agencies as well as print
quality control and image quality systems for a variety of global
customers. For more information, visit RDM’s website at www.rdmcorp.com.

SOURCE RDM Corporation


Source: PR Newswire