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Mobile banking has arrived and could help define the popularity of your financial institution. With cell phone in hand, consumers are reaching into their bank accounts for financial transactions that previously required a trip to the bank, a computer login or a call to customer service. [MORE...]
Thanks to your smartphone camera and some oomph from Mitek Systems, you can skip that drive to the bank or ATM to deposit a check.
With a special app loaded on your iPhone, BlackBerry or Windows Mobile phone, depositing your check at a participating bank could be a simple point-shoot-deposit process. About that oomph; it stands for Office On My Phone, a suite of mobile phone applications, including Mitek's Mobile Deposit.
Mobile payments are paving the way for cell phones to go where only credit cards have gone before. Transactions like paying bills or making loan payments conveniently with your mobile phone are moving full steam ahead for banks, merchants, carriers and consumers.