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Mitek Unveils Update For Mobile Banking Deposits

PYMNTS

Mitek , which provides software and authentication services, said it has upped its game with its release of Mobile Deposit 4.8, a mobile banking app. Its Mobile Deposit solution has been licensed by more than 6,400 financial institutions. Premier” checking account customers.

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Mobile to the Max

FICO

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?

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USAA sues Wells Fargo over remote-deposit patents

Payments Source

When asked if other banks were being sued, USAA said the lawsuit names only Wells Fargo because the bank is one of the biggest adopters of remote mobile deposit capture and has failed to license the technology.

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BECU On Why It Pays To Think Like A Challenger Bank

PYMNTS

Consumers’ affinity for online banking solutions, especially mobile banking, is far from new. The COVID-19 pandemic is highlighting how necessary these solutions are for consumers’ banking needs, however, and how high their standards for these channels have become. Mobile deposits have also increased, according to the CU.

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Coca-Cola Credit Union Chooses Bankjoy As New Mobile Banking Provider

Fintech Labs Insights

Coca-Cola CU (CCCU), an Atlanta-based credit union serving the employees of The Coca-Cola Company and their immediate families, has picked Bankjoy to provide online and mobile banking services for its members. The post Coca-Cola Credit Union Chooses Bankjoy As New Mobile Banking Provider appeared first on Finovate.

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How ‘Pandenomics’ Will Drive Mobile Check Deposits

PYMNTS

Diamond said he believes mobile deposit capture is ready to move into that new age. He said the first era of mobile check deposit years ago might be likened to “happy days are here again,” where growth was “up and to the right,” fueled by banks’ advertising campaigns.

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Seed Says Banks Fail Small Businesses On Mobile, Cash Management Solutions

PYMNTS

18), Seed revealed news that it is rolling out small business banking solutions and released the results of a survey of 423 small businesses in the U.S. that found more than half don’t have access to “an intuitive, simple mobile banking app.” Sixty-five percent said their banks don’t offer phone or in-app messaging support.