MINNEAPOLIS, MN, March 5 /PRNewswire-FirstCall/ - RDM Corporation (TSX:RC), a leading developer of specialized software and hardware products forelectronic payment processing and Remote Deposit Capture (RDC) solutionsannounced today that BLM Technologies Inc. based in Minneapolis, MN, aleading single source provider of information technology consulting andbranch automation solutions and services for financial institutions, hasbeen certified to provide in warranty and non-warranty service for itscheck scanning equipment in the United States. "We chose BLM because of their existing infrastructure and experiencein the industry," said Douglas Newman. "Their reputation for prompt,efficient and thorough service solutions for financial institutions andtheir nationwide reach makes BLM an excellent partner to assist us inmeeting the service needs of our U.S. customer base." "We're extremely excited about the opportunity to partner with one ofthe premier manufacturers of check scanning equipment," said Ron Meinhardt,President of BLM. About RDM Corporation RDM Corporation is headquartered in Waterloo, Ontario and trades on theToronto Stock Exchange under the symbol RC. RDM is a leading provider ofspecialized software and hardware products for electronic paymentprocessing. RDM has pioneered electronic check conversion systems and webbased image and transaction management services for banks, retailers,payment processors and government agencies as well as print quality controland image quality systems for a variety of global customers. For furtherinformation, visit RDM's website at
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Sens. Ed Markey and Ron Wyden argue that the Small Business Administration neglected to warn small firms of the risks of merchant cash advances and closed off a key "escape route" from the resulting debts.
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In a move seen to bolster his 2028 presidential run, California Governor Gavin Newsom named Rohit Chopra, the former director of the Consumer Financial Protection Bureau, to lead a new oversight agency; a Pine Bluff, Arkansas, bank employee was sentenced to 36 months in federal prison for bank theft; a Fairfax, Virginia, security administrator has been charged with allegedly stealing more than $6.6 million from his employer; and more in this week's banking news roundup.
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New Federal Reserve stats show most consumers carry and store paper money, even as digital payments become mainstream.
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The Mississippi lender's pending acquisition of OFB Bancshares, the parent company of One Florida Bank, offers an entry point into the fast-growing Orlando market.
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Fund managers are seeking to change the way banks think about Community Reinvestment Act investing.
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