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Ingo CEO: Technology Plays Defensive Role Against Mobile Deposit Check Fraud

PYMNTS

Even before the pandemic — and the stimulus bills that sent trillions of dollars via check into consumers’ (and not a few fraudsters’) hands — the alarm bells were tolling. that check scams were on the rise. Back then, Edwards noted that mobile check fraud was escalating so much that some banks were shutting off the feature entirely.

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How ‘Pandenomics’ Will Drive Mobile Check Deposits

PYMNTS

“Pandenomics” may usher in a new age for mobile check capture and deposits. In fact, we might not go back to the bank in person at all unless we have to, say, sign and notarize a mortgage document or cash a (paper) cashier’s check. Does Growth In Mobile Texts Portend Growth In Mobile Checks?

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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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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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Will COVID And Fraud Finally Kill The Paper Check?

PYMNTS

PYMNTS has been writing for years about the ongoing push to #killthecheck, but paper checks live on because of their ubiquity of acceptance and simplicity to issue despite the fact that most people on the receiving end really hate getting them. The majority of the misprinted checks were sent to businesses receiving corporate tax refunds.

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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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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.