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With more than 108 million adults expected to be using mobile banking by 2017, small business owners may be among those gravitating to mobile deposits. Besides the convenience, credit unions are discovering the benefits of lower check processing costs, some vendors have pitched. Meanwhile, millennials and Generation Y are still considered to be among the most prolific users of mobile devices, according to new research. Experts urge credit unions to consider and meet their demand for speed with more customized apps and faster implementation.

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Tonya Knudesn

Credit Union Times

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