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Small-business adoption of remote deposit 3/3 Aite Of US small businesses surveyed, 16% use remote deposit. Aite forecasts this % to reach 25% by 12/09. Aite examines the drivers of small-business adoption of remote deposit, including faster availability of funds, lower costs, greater time savings & later deadlines for deposits. The report measures the impact of free scanners provided by banks to small business in a business’ decision to use the service. This report is based on a survey of 303 US small businesses, defined as those businesses generating less than US$10m in annual revenue. Corporate remote deposit has been a hot topic in the banking industry for the last few years. Not since the introduction of the ATM has there been so much excitement around a product & such fast adoption of it. ¾ of the 30 largest US banks offer remote deposit to their small-business customers, while 37% of community banks do so. Of small-businesses, 19% use services provided by one of the top 5 banks. ‘While banks have much to gain from offering remote deposit service, the greatest benefit continues to be the banks’ ability to better serve customer needs. As banks of all sizes look to win the business of the highly desired small-business customer segment, their ability to offer coveted products - such as remote deposit - will play a large role in their success.’