RDM Corporation

What RDM Corporation does

RDM Corporation (legally Research, Development & Manufacturing Corporation) is a Canadian specialized hardware and software provider in the electronic payments industry, founded in 1987 in Waterloo, Ontario. The company designs and manufactures MICR (Magnetic Ink Character Recognition) check scanners and MICR/image quality-control testing equipment for financial institutions, security printers, corporate remittance processors, MICR printer and toner manufacturers, retailers, and government agencies. Its proprietary stack centers on the Progressive MICR Method for E13B character reading at greater than 99% accuracy and the Independence Platform Technology, an intelligent network appliance architecture that enables driverless plug-and-play operation across Windows, macOS, Linux, and Citrix environments. Core hardware consists of three scanner lines — the EC9100i (USB-based, 30–90 dpm), the EC9600i (network, single-feed and auto-feed up to 30 dpm), and the EC9700i (network, 50–150 dpm) — plus the QCX MICR and Image Tester (four configurations for combined magnetic, optical, and image-quality verification against ANSI/ISO standards). RDM is also the world's only manufacturer of integrated print and image quality control testing equipment used by check printers and financial institutions, per the company.

Name

RDM Corporation

Legal name

Research, Development & Manufacturing Corporation

Website

https://rdmcorp.com

Company type

Private

Founded year

1987

Operating status

Acquired

Headcount range

51–100 employees

Short description

RDM Corporation, a Waterloo, Ontario-based subsidiary of Deluxe Corporation (acquired 2017), designs and manufactures MICR check scanners and ANSI/ISO-compliant print and image quality control testers for financial institutions, security printers, corporates, retailers, and government agencies.

Ownership category

akta.pro rank

Product category

Check Scanning and MICR Testing Equipment

NAICS

Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (3345), Electronic and Precision Equipment Repair and Maintenance (811210)

SIC

Instruments For Meas & Testing Of Electricity & Elec Signals (3825), Special Industry Machinery, Nec (3559)

akta.pro primary industry

Test & Measurement Equipment (Oscilloscopes, DAQ, signal analyzers, calibration benches) (IMAGAFAC)

akta.pro secondary industry

Test, Measurement & Calibration Equipment Manufacturing Services (ATE, DAQ, metrology electronics) (IMAGAGAH)

Keywords

• Check scanning hardware
• MICR testing equipment
• Remote deposit capture
• Check processing solutions
• Print quality control

Headquarters

HQ city

Waterloo

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Check Scanner Hardware Sales: Sale of check scanners including EC9100i (USB), EC9600i and EC9700i (network) series. Hardware is sold directly and through resellers with various configurations for different workflow volumes.
2. Consumables: Recurring revenue from consumables including franker cartridges, HP inkjet endorser cartridges, and ScannerCare cleaning kits for scanner maintenance.
3. MICR Testing Equipment: QCX and QCV MICR testers for quality control in check printing and processing. QCV line discontinued August 1, 2025; focus on QCX product line.
4. Technology Licensing: Licensing of proprietary MICR recognition technology to other industry manufacturers (e.g., Epson licenses RDM technology for CaptureOne scanners)
5. Warranty and Support Services: Extended warranty programs including Rapid Exchange (next business day replacement) and Extended Manufacturer Warranty options for scanner products

Pricing tiers

Go-to-market motion2 records

Distribution channels7 records

Marketing channels5 records

Core offering

RDM Corporation manufactures specialized check scanning hardware (EC9100i USB series and EC9600i/EC9700i IP-addressable network scanners) and MICR/print quality control testing equipment (QCX Tester) for financial institutions, security printers, and corporate customers. The company also provides consumables (franker cartridges, inkjet endorser cartridges, cleaning kits), extended warranty programs, and an SCI API/ADK for scanner integration. RDM processes over $600 billion in payments annually and serves 4 of the top 10 US banks and 31% of the Fortune 500.

Product overview

RDM Corporation (Research, Development & Manufacturing Corporation), acquired by Deluxe Corporation in April 2017, provides a portfolio of check scanning hardware and MICR/print quality control testing solutions for financial institutions and corporate clients. The hardware portfolio includes two lines of check scanners: the EC9100i series (USB driver-based, 30–90 dpm, single-feed and batch-feed models) and the EC9600i/EC9700i network scanner series (driverless plug-and-play via Ethernet over USB, 50–150 dpm, with 'Any Orientation' processing). The company also manufactures the QCX MICR and Image Tester (four models: A through D for MICR, optical, and image quality testing) and previously the QCV MICR Tester line (discontinued August 1, 2025). Supporting the scanners is the RDM SCI API for application developer integration, an ADK toolkit, and Silver Bullet Ranger Remote integration. Consumables include Franker Cartridges, HP Inkjet Endorser Cartridges, and ScannerCare Cleaning Kits. The company holds patents in small document image capture, check design for reflectance values, dynamic print contrast signal determination, and optical waveform generation for MICR.

Differentiator

Problem solved

Functional benefit

Products and services

• EC9100i Check Scanner Series A USB driver-based check scanner series available in single-feed and batch-feed models (30 and 90 dpm), with built-in ID card imager, optional MSR, endorsement printing, receipt printing, and OCR A/B recognition. Uses RDM's industry-leading Progressive MICR Method and targets small to mid-volume check deposit workflows.
• EC9600i Network Scanner Series Industry's first IP-addressable network check scanner with driverless plug-and-play USB connectivity via 'Ethernet over USB', built on RDM's Independence Platform Technology. Available in single-feed (SF) and auto-feed (AF) configurations with 30-document feeder and up to 30 dpm. Supports Ethernet or USB connectivity without installing drivers.
• EC9700i Network Scanner Series Second-generation network scanner built on Independence Platform Technology with throughput of 50, 100, or 150 documents per minute, 60-document auto-feeder, and 'Any Orientation' document processing for MICR recognition regardless of check insertion direction. Supports USB and Ethernet connectivity, optional MSR, and integrated 3-inch thermal receipt printer.
• EC9611 SMB Single-Feed Network Scanner Simplified single-feed network check scanner providing essential check scanning capabilities for small businesses with low daily check deposit volumes at an affordable price point.
• QCX MICR and Image Tester An integrated hardware and software testing solution available in four models (A for MICR only, B for MICR + Optical, C for MICR + Optical + Image Quality, D for Image Quality only) that simultaneously performs magnetic and optical MICR testing and image readiness verification based on ANSI and ISO standards, replacing multiple testing devices with one system. Used by check printers and financial institutions.
• QCV MICR Tester A portable standalone device providing traditional magnetic MICR pass/fail testing to ANSI standards. Three models available: QCV (static read head), QCV 11 (movable read head, 11-inch max height), QCV 14 (movable read head, 14-inch max height). Manufacturing discontinued effective August 1, 2025; service and support continuing for installed base.
• RDM SCI API A simplified high-level scanner programming interface (API) that enables application developers to quickly integrate and certify any RDM scanner with their web-based or desktop applications in days, with high-level commands mapping to application data flow rather than scanner operational details.
• RDM Application Development Kit (ADK) A developer toolkit providing the RDM SCI API, sample application code, middleware, USB drivers for non-network scanners, utility applications, and comprehensive documentation for integrating RDM USB scanners with Windows-based check scanning applications.
• Franker Cartridge (Item #6000-6065) Provides visual confirmation by stamping 'Electronically Presented' in red ink along the face of a check when franked. Compatible with most RDM franker-enabled scanner models; shelf life of 1 year; yield approximately 15,000 impressions or 6,500-7,000 checks.
• HP6602A HP Inkjet Endorser Cartridge (Item #6000-6060) Single-line endorsement message printed on the back of checks via inkjet technology installed in compatible scanners. Shelf life of 2 years; yield approximately 7,000,000 characters.
• RDM ScannerCare Cleaning Kit (Item #6000-6070) Cleaning kit containing 12 RDM Waffletechnology Cleaning Cards and 12 device cleaning wipes, designed specifically for RDM scanners to safely remove debris and paper dust without damaging components. Recommended monthly or when feed or image quality issues are detected.
• Rapid Exchange Warranty Next business day scanner replacement warranty program available in 2, 3, 4, or 5 year terms, enhancing the standard 2-year limited manufacturer warranty and minimizing disruption from equipment malfunction.
• Extended Manufacturer Warranty Extended warranty (1-year or 2-year options) available at time of sale, extending the standard 2-year limited warranty to 3 or 4 years total, covering all parts and labor.
• Legacy Scanner Support Technical support and maintenance options for discontinued RDM scanner models (EC7000i, EC7500i, EC9000i Connect, EC9600 Series, EC9700 Series), subject to parts availability from authorized service depots.

Quantifiable outcome

• Reduces support calls by 40-50% compared to traditional USB scanners due to driverless installation
• +3 more outcomes

Named customers5 records

Segments7 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability6 records

Feature5 records

Partnerships

Six partnerships are on record, tiered core, flagship and minor.

• Silver Bullet TechnologycoreTechnology or Integration · 2 March 2018Silver Bullet's Ranger Remote embedded in RDM EC9600i series scanners, enabling plug-and-play capability without installing Ranger components on workstations. First check scanner embedded with Ranger Remote technology. Partnership enables certified compatibility with thousands of banks using Ranger software.
• TROY GroupflagshipChannel Partner/ Reseller/ DistributorMaster reseller for global customers offering complete portfolio of QA testing solutions with comprehensive support worldwide. TROY provides expert consultation on implementing the right testing configuration for specific requirements.
• MICRTechcoreChannel Partner/ Reseller/ DistributorAuthorized reseller specializing in MICR testing solutions and services for financial institutions and print providers.
• Rosetta TechnologiescoreChannel Partner/ Reseller/ DistributorAuthorized reseller providing expert integration of MICR testing within commercial printing environments.
• Trident (UK)minorChannel Partner/ Reseller/ DistributorAuthorized reseller providing QCX testing solutions across United Kingdom and Europe.
• EpsoncoreOEM/ Whitelabel/ Licensing PartnerEpson licenses RDM's proprietary MICR recognition technology for its CaptureOne line of check scanners.

Scale indicators10 records

Recent moves8 records

Expansion highlights7 records

Direct peers

• TROY Group: Master global reseller and integrator of RDM scanners and MICR testing solutions; also sells MICR printers and secure check printing solutions directly, overlapping with RDM in financial institution and security printer accounts.
• Digital Check Corp: Direct competitor in the US check scanner market with the TellerScan, CheXpress, and SmartSource Elite lines, serving many of the same banks and credit unions as RDM with MICR-enabled document scanners.
• MagTek: Manufacturer of MICR check readers and secure card/payment devices (including P-Series and Excella scanners), competing with RDM in bank, retail, and remote deposit capture segments.
• Panini S.p.A. Global check scanner manufacturer (Vision X, mPower) that competes directly with RDM's EC9100i/EC9600i/EC9700i series for bank branch, teller capture, and remote deposit capture deployments.

Regional players

• Access Systems USA (ARCA / EC-Line): Distributor and integrator of EC-series check scanners and teller capture devices in the US market, providing direct overlap with RDM's channel and product positioning for community banks and credit unions.
• Burroughs (Johnson Electric subsidiary): Long-standing provider of MICR-encoding equipment and check processing hardware in North America, addressing the same bank and merchant check-handling workloads as RDM with overlapping legacy installed bases.

Others

• Silver Bullet Technology: Technology partner whose Ranger API/Ranger Remote is embedded in RDM's EC9600i scanners; while not a direct competitor, Silver Bullet's certification and integration choices significantly shape RDM's enterprise compatibility.

Broad incumbents

• Deluxe Corporation: RDM's parent company and a broad incumbent in treasury management, check printing, and payments; the Treasury Management Solutions division is RDM's primary go-to-market channel and also offers overlapping payment/treasury capabilities.
• Canon (CR-series Check Scanners): Offers CR-50, CR-80, CR-120, and imageFORMULA check scanners that compete with RDM's EC9100i/EC9600i lines in SMB, retail, and corporate remote deposit workflows.
• Epson America (CaptureOne): Licenses RDM's MICR technology for its CaptureOne check scanners and also operates in adjacent POS and document scanner markets, competing indirectly at the OEM/enterprise level.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/RDMCorporation
• LinkedInlinkedin.com/company/rdm-corporation

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about RDM Corporation