The $3 billion San Antonio Federal Credit Union is now offering a new mobile banking and remote deposit checking service to its 256,000 members.
Ensenta and MShift have partnered in a joint mobile banking and remote deposit checking deployment now in place at five credit unions, the companies said.
Northwoods Credit Union first MnIPC client to offer mobile remote deposit capture through the Minnesota CUSO’s arrangement with Cachet Financial Services.
Five credit unions are among the first users of a mobile banking and remote deposit checking deployment from Ensenta and MShift.
EasCorp and its Vertifi Software CUSO said they have added four credit unions to the list of users of their remote deposit capture services.
EasCorp said five more credit unions have committed to using mobile remote-deposit capture from its Vertifi Software LLC subsidiary.
Corporate's Vertifi Software subsidiary doubles enrollment in past year.
Commercial remote deposit capture (RDC) adoption has slowed, growing only by 10% in 2011, according to a new Celent report, “State of Remote Deposit Capture 2011: Signs of a Maturing Market.”
Research firm Aite Group has found that some small businesses may not be gravitating to remote deposit capture despite a high adoption rate at financial institutions.
The increasing awareness of and demand for mobile deposit has placed credit unions at an interesting crossroads.