The Federal Financial Institutions Examination Council (FFIEC) in January released guidance for managing risks associated with remote deposit capture systems. In this interview, Michael Jackson, associate director of the division of supervision and consumer compliance at the Federal Deposit Insurance Corporation (FDIC), talks about how the guidance was developed, the industry's reaction so far, his sense of the level of compliance, and whether the industry can expect more from the FFIEC on RDC in the future.
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This was first published in March 2009