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February 2003
Losing the Paper Chase


The long anticipated decline in paper communications is taking hold. Consultants, including LCG, have long said electronic payments would replace checks and electronic communications would replace first class mail. While, comparatively, paper has been losing ground to electronics for years, it has only been recently that absolute volume has declined. This year, as compared to last, there are fewer checks and fewer pieces of first class mail.

In the past, both the banking system and the United States Postal Service have built large networks of sophisticated processing centers that lowered per-piece processing costs. Now, with volume in decline, leverage that once reduced costs as volume grew is poised to drive up unit costs. The reaction in both networks has been to consolidate processing facilities. Just this month, the Federal Reserve announced plans to restructure check processing operations to 32 locations, and check adjustment operations to 12 locations nationwide, with changes to be completed by the end of 2004. Changes are not confined to big players, or even banks; All who bill, make payments, process payments or handle them will be affected.




RESEARCH

March 2011
Small and Home Busines Check Deposit Practices 2010-11 Survey Results


October 2007
Small Business RDC Survey Results


ARTICLES


2013
LCG Granted Patent for Remote Deposit Capture

2012
Some Small and Home Businesses Willing to Pay Large Premium for RDC

Small and Home Businesses Are Not All the Same – An RDC View


2011
Lighthouse Consulting Group, LLC Granted Patent for CheckFaxRDC Application

2010 Survey of Small and Home Business Check Deposit Practices Now Closed

2010
LCG Sets Up LinkedIn Small and Home Business Depositor Group

CheckFaxRDC Compared to Other Remote Deposit Capture Solutions

2009
Looking Beyond the Averages When Offering RDC to Small and Home Businesses


2008
Oil Prices, Credit Crises - Alternate Routes to Remote Deposit Capture Growth


What will the role of branches be in 2015?

Remote Deposit Capture Creates Market Segmentation Opportunities


2006
Fax Machines - Check Scanners
Small Business Already Have


2005
Small Business - A Remote Capture Opportunity

Remote Check Image Capture -  Business Case Behind the Marketing Opportunity

2004
Check 21 a Marketing Opportunity!


2003
Check 21 Act Passes Congress - Opportunities and Concerns


When Will Banks Get On

Board for Check Imaging?


Customer Relationship Management - Why Expectations Go Unmet


Recover from a Disaster or Risk Customer Attrition


Internet Attacks May Be the Least of Your Worries!

Losing the Paper Chase


2002
Fewer Checks to Be Written and Even Fewer to Be Posted

Depositing Checks from Your Office
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