Global Digital Check Scanning Solutions Market Overview

The global digital check scanning solutions market size was valued at USD 867.2 million in 2020 and is projected to grow from USD 906.1 million in 2021 to USD 1,341.4 million by 2028, exhibiting a CAGR of 5.8% during the forecast period. The market expansion is fueled by the increasing adoption of remote deposit capture (RDC), digital banking transformation, and the growing need for efficient check processing solutions that reduce manual errors and improve operational efficiency.

North America dominated the global market with a 46.46% share in 2020, supported by widespread banking digitalization, strong fintech adoption, and high implementation of RDC solutions across banks, credit unions, and enterprises.

Key Market Players

• Epson America, Inc.
• Digital Check Corp.
• Panini S.p.A.
• Canon Solutions America, Inc.
• RDM Corporation
• ARCA Tech Systems
• Kodak Alaris Inc.
• NCR Corporation
• MagTek, Inc.
• Hewlett-Packard Development Company (HP)

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Rising Adoption of Remote Deposit Capture (RDC)

Financial institutions and enterprises are rapidly deploying digital check scanning to provide convenience to customers and streamline deposits.

Digital Transformation in Banking