The hot must-have technology in banking today has to be mobile remote-deposit capture, software that lets members take a photo of a check with a smartphone camera and, presto, it’s deposited into their account.
EasCorp CUSO said now seeing more than 200,000 deposits per month.
Mobility Matters is by veteran tech reporter Robert McGarvey. This week's topics include the credit union difference on RDC fees and an NFC update.
Vertifi Software LLC said it has now processed more than $1 billion in remote deposits since Eastern Corporate Federal Credit Union’s technology arm was launched in 2009.
Vertifi Software attributes rapid growth in deposits to mobile adoption.
Vertifi Software LLC is now offering a mobile banking application specifically for the iPad, including remote deposit capture using the camera on the iPad 2.
Upbeat tone marks annual meeting for Eastern Corporate Federal Credit Union.
The latest, shiniest innovation can be all the rage among credit unions, but the proof ultimately lies in actual member usage.