Wednesday 18 February 2015

Mobile Check Deposit Breaks Loose from Its Shackles


From American Banker –

“For such a time-saving product, mobile deposit capture could be a slowpoke.

It sometimes took a long time for interested customers to receive permission from their banks to deposit checks with their smartphones. And when customers did get the OK, transactions deemed suspicious were slow to go through. Security concerns and other practical factors were to blame.”

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