New York credit union says 1,000 members downloaded it in first two weeks, used it 700 times for more than $200,000 in deposits.
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.
Mobility Matters is by veteran tech reporter Robert McGarvey. This week's topics include launches in New York, Texas and some thoughts about RDC.
As large national services firms continue to expand into a larger basket of financial products and invest heavily in branch services, the focus for community banks and credit unions needs to turn to how they can be everywhere their customers and members need them to be.
The developer of the mobile remote check deposit platform used by many of the major vendors to credit unions said it has been granted four new patents for its RDC technology.
Mitek Systems said it has been granted four new patents for its widely used “Point, Shoot and Deposit” mobile remote check deposit technology.
Bluepoint Solutions said it now is offering a mobile remote-deposit capture solution that will allow camera-equipped smartphones to be used to deposit checks.
A mobile remote deposit capture (RDC) solution that allows camera-equipped smartphones to be used to deposit checks is now being offered by Bluepoint Solutions.