FICO

AUGUST 24, 2020

This week’s reveal: prior to March 2020, I had never used the mobile deposit feature of the banking app on my phone. Since then, I’ve deposited nearly a dozen checks using this nifty capability. Second, after I figured out how to use mobile deposit the first time, I asked myself, “Why did I ever go to the bank?

Online and Mobile Banking 52

Online and Mobile Banking Mobile Deposit Funds Availability Fraud Detection 52

PYMNTS

MARCH 18, 2020

Mobile deposit fraud was a $2 billion a year problem for banks before we were in a crisis where everybody’s desperate and people are fighting over bottles of water and toilet paper in the supermarket lanes,” Edwards remarked. In fact, he noted, one can only expect the risk aversion to go up because times are far from normal.

Checks 73

Checks Governance Government Counterfeit Check 73

Fintech Labs Insights

APRIL 12, 2022

Immediate funds availability (with limits). Mobile app. Mobile deposit capture. Bullet-proof fraud protection (no cap in maximum dollars*). ACH/electronic payments*. Bill payment*. Two-factor authentication. Customizable alerts. Downloadable transactions (common file formats). Fraud transaction scans.

Small Business 15

Small Business Accounts Online and Mobile Banking Authentication 15