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Harland Clarke, Mitek partner to improve remote mobile deposit

Payments Dive

Checks printed by Harland Clarke now include 'Photo Safe Deposit' features recognized only by advanced computer vision embedded in Mitek mobile deposit software.

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Good Mobile Deposit Apps Lead To Happy Bank Customers?

PYMNTS

In order to improve the mobile deposit experience, the financial institution should target deposit errors and speedy processing and bring clearer terms of use to customers. Among the leaders in mobile deposit: Capital One and BBVA, said the survey. Only 53 percent are deemed “highly active” users.

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Getting Stimulus Funds To Those Who Need Them — Without The Paper Check

PYMNTS

If ever there was a time to kill the check, that time would be now. The remaining tens of millions, those who do not have direct deposit payment information on file with the IRS … will have to wait for the proverbial (paper) check in the mail. They steal checks. That’s about 70 million Americans.

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DadeSystems: Mobile Deposits Must Serve The Middleman Too

PYMNTS

Checks may not be elegant, but in the absence of a card reader dongle, they’ll get the job done. He probably accepts cash and checks. And he probably brings that stack back to the office at the end of the day — or perhaps every couple of days — to do a big batch of deposits all at once. He’s got a repair guy on the way.

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Mitek Powers Mobile Deposits For American Cancer Society

PYMNTS

Mitek, a mobile capture and identity verification software company, announced Wednesday (Jan. 4) the American Cancer Society is licensing and integrating Mitek’s Mobile Deposit and MiSnap products into its mobile fundraising app. That saves participants from having to mail in checks.

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As the U.K. embraces check images, security risk awaits

Payments Source

Check imaging reduces the need to handle paper, reduces clearing time and paves the way for mobile deposit and remote capture. However, this new functionality also means financial institutions take on greater risk from electronic acceptance, images in the cloud, and significantly reduced float times.

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Paper Checks, COVID-19 And The Flaw With Analog Relief Payments

PYMNTS

We’re looking at sending checks to Americans immediately. What is almost certain, however, Ingo Money CEO Drew Edwards and Karen Webster noted in a recent conversation, is how those payments will go out — which is by check. Americans need cash now and the President wants to get cash now. And I mean now as in the next two weeks.”.

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