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Remote Deposit Capture (RDC)
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The bank has launched its first mobile app after intensive customer research.Be the first to comment
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Chase’s Ink card holders will now be able to photograph and store receipts with Chase’s Jot app for small business customers.
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A recent survey suggested that banking customers care more about convenience than customer service or fees in choosing a bank, and mobile banking customers are some of the most loyal a bank can find.
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Research released yesterday Malauzai Software suggests that banks are seeing increased engagement through the mobile channel after they roll out mobile check deposit.
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With data showing a fast growing interest among consumers in mobile photo bill pay, City Bank Texas announced today that it will be adding the feature to its mobile banking offerings.
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Customers can now see their account balances before they log in with a quick swipe of their smartphone with the bank’s new Quick Balance feature.
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Prepaid Source Capture allows consumers to load funds from checks onto prepaid cards.
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American Express and Walmart are adding new checking capabilities to their Bluebird debit joint program designed for unbanked consumers, which also now offers FDIC insurance for account holders.
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In every area of their business, financial institutions must find ways to provide more and better service while reducing operating costs -- mobile RDC does both.
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Bank IT spending is expected to grow modestly this year so banks will have to be thoughtful about investing in technologies that provide a better customer experience and reduce costs and inefficiencies.
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The function will be available for Android and iPhone versions of its mobile app.
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Elliott Jaffee will focus on growth in the $10 million to $500 million-client segment.
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Check scanners from CTS North America have been enabled with technology that detects fake I.D.'s that have helped one community bank secure branch transactions and can authenticate remote check deposits.
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The bank said the features will soon be available for the iPad and Android devices as well.
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As usual, bank IT department's will have much on their plates for 2013.
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While some banks are still catching up to offer mobile remote deposit capture for retail customers, some banks are already looking to offer it to commercial clients in early 2013.
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After a soft launch in select states over the summer, Wells Fargo announced today that it is launching its Wells Fargo Mobile Deposit service nationwide.
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Visa prepaid cardholders will be able to deposit their checks with their mobile devices on to their prepaid cards, gaining immediate access to their funds.
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The San Francisco-based mobile provider announced the release of Fin.X at BAI Retail Delivery.
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The retailing giant and American Express have teamed up to offer an alternative to traditional checking and debit accounts.
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Image Cash Letter deposits can help banks quickly process large numbers of remote check deposits and move customers to electronic deposits.
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The American Red Cross announced today that it is introducing a mobile check deposit capture solution to help process donations from around the country.
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Fiserv's new SpotPay solution combines a mobile card reader with mobile check deposit capabilities, so merchants can accept card or check payments on-the-go.
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Community banks will have to learn how to deliver their personal touch and local advice through digital channels, experts say.
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Historically a centerpiece of basic bank services, safe and secure payment processing is a critical element of the banking industry’s future.
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