Good apps are key to credit union survival, as the post-PC era dawns.
This opinion piece looks at risk management through the lens of mobile remote deposits.
Call 2013 the breakthrough year where, suddenly, a mobile banking feature leaped into must- have status, as another feature – once much hyped – continued to fail to win significant adoption.
Credit unions may not be capturing the cost savings delivered by the mobile channel.
Remote deposit capture added to mobile banking offerings at Affinity FCU in New Jersey, Greater TEXAS FCU and Oregonians FCU.
What are members doing on mobile? The data know.
EasCorp CUSO said now seeing more than 200,000 deposits per month.
Pocatello credit union said the remote deposit capture service uses the MShift mobile banking platform and RDC technology from Ensenta.
Vertifi Software LLC, a CUSO of Eastern Corporate Federal Credit Union of Burlington, Mass., said it has added four more credit unions as users of its mobile remote deposit capture service.
The $2.3 billion Virginia Credit Union said more than 1,000 of its 219,700 members made a deposit using their smartphones in July.