The Paypers

MAY 27, 2016

(The Paypers) Cachet Financial Solutions , a mobile fintech provider, has announced that LCNB National Bank has selected Cachet’s Select Mobile Deposit solution to assist the bank’s new mobile deposit solution.

Mobile Deposit 28

Mobile Deposit FinTech 28

The Paypers

MARCH 10, 2016

(The Paypers) Mitek has made available its Mobile Deposit solution in the UK with other countries to follow.

Mobile Deposit 28

Mobile Deposit 28

The Paypers

OCTOBER 11, 2017

(The Paypers) SafeCharge, a payment technology provider, has been selected by Goldmoney, a precious metal financial service and technology company, to expand its online and mobile deposit options.

Mobile Deposit 28

Mobile Deposit Technology Payments 28

PYMNTS

NOVEMBER 7, 2018

DeBello helped Mitek become a leading provider of Mobile Deposit and Mobile Verify ID, and played a key role in the company’s listing on Nasdaq. In addition, he successfully expanded Mitek’s product offerings with three global acquisitions and over 50 patents, five of which he holds as co-inventor of Mobile Deposit.

Mobile Deposit 59

Mobile Deposit Verification Assessments Acquirers 59

Payments Source

JUNE 8, 2018

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.

Mobile Deposit 62

Mobile Deposit Technology Mobile Banking Consumer 62

Payments Source

APRIL 18, 2017

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.

Checks 60

Checks Risk Mobile Deposit Security 60

PYMNTS

SEPTEMBER 8, 2020

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.

Mobile Banking 52

Mobile Banking Mobile Deposit Online and Mobile Banking Authentication 52

PYMNTS

NOVEMBER 5, 2018

DeBello helped Mitek become a leading provider of Mobile Deposit and Mobile Verify ID verification, and played a key role in the company’s listing on NASDAQ. In addition, he successfully expanded Mitek’s product offerings with three global acquisitions and over 50 patents, five of which he holds as co-inventor of Mobile Deposit.

Mobile Deposit 59

Mobile Deposit Verification Advisors Legal 59

PYMNTS

MARCH 21, 2017

The solution will use Mitek’s MiSnap Multi-Check Capture and Mobile Deposit applications, the firm said. A business-specific mobile deposit solution allows organizations to use their preferred payment method,” he stated.

Checks 46

Checks Mobile Deposit Reconciliation B2B 46

PYMNTS

JULY 8, 2020

The abrupt move to digital banking and commerce has led to significant increases in mobile deposits and payments across the globe. In the United States, for example, Citi saw an increase of 84 percent in mobile deposits in the month of May.

Mobile Deposit 70

Mobile Deposit Adjustments Volume Addressing 70

The Paypers

MARCH 21, 2017

(The Paypers) Mitek has announced that it intends to enable B2B mobile payments on the Ariba Network a global business-to-business trading platform.

Mobile Deposit 28

Mobile Deposit B2B Mobile Payments Payments 28

Fintech Labs Insights

JUNE 17, 2016

Mobile deposit capture specialist Cachet Financial Solutions teamed up with community financial institution (CFI) technology provider Malauzai to deliver mobile deposit capabilities to Malauzai’s clients. Based in Minnesota, Cachet Financial Solutions debuted Select Mobile Money at FinovateFall 2014.

Mobile Deposit 15

Mobile Deposit Payment APIs and Integration Credit Union End User 15

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 Contactless Payments 52

PYMNTS

JUNE 11, 2018

To date, USAA has invested many millions of dollars and thousands of employee-hours in the development and implementation of its mobile-deposit technologies,” the civil complaint says. Most bank mobile apps now allow customers to make a deposit remotely by snapping a picture of the front and back of a check and upload the images.

RDC 46

RDC Remote Deposit Capture Technology Mobile Deposit 46

PYMNTS

OCTOBER 11, 2018

DeBello helped Mitek become a leading provider of Mobile Deposit and Mobile Verify ID verification, and also played a key role in the company’s listing on NASDAQ. CFO Davison will depart at the end of November to join a firm near his home in Bozeman, Montana.

Technology 43

Technology Mobile Deposit Verification Regulations 43

PYMNTS

MARCH 26, 2020

Drew Edwards, CEO of Ingo Money , noted the importance of that in a separate interview with Webster: “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 said.

Checks 100

Checks Push-to-Card Direct Deposit IRS 100

PYMNTS

OCTOBER 13, 2020

On the brighter side, Corbat repeatedly called out the bank’s expanded investments into digital services and the strong traction it has seen in digital banking services, particularly mobile deposit services, as well as the growing success of the digital card they began issuing for Wayfair in September.

Consumer 68

Consumer Mobile Deposit Continuity Credit Cards 68

FICO

SEPTEMBER 10, 2020

Consumers are taking “mobile to the max” by using their phones for mobile deposit, contactless payments and person-to-person payments. Mobile deposit and money transfer, just two of the powerful features of today’s mobile banking apps, make it much easier for people to move money.

Crime 52

Crime Money Laundering Online and Mobile Banking Romance Scams 52

PYMNTS

APRIL 1, 2016

Offerings from FIs, like mobile banking and electronic payment support, can help encourage businesses to make the shift to ePayments, the executive said, but legacy payment technologies also need to be addressed. Bank, for instance, has just rolled out the small business version of its mobile app to facilitate mobile deposit of checks.

B2B 41

B2B Online and Mobile Banking Mobile Deposit Checks 41

PYMNTS

APRIL 10, 2017

The biggest gainer on the week was Mitek Systems, which grabbed a 10 percent rally and which may have been spurred by news earlier in the month that the company’s Mobile Deposit solution has cumulatively processed $1 trillion in check values.

Mobile Deposit 40

Mobile Deposit Payments Research Checks 40

PYMNTS

MARCH 18, 2020

That’s because things that seemed like add-ons when it came to digital banking even five years ago — card controls, instant virtual card issuance, self-service security, mobile deposit capture — are now table stakes. “In

Mobile Deposit 87

Mobile Deposit Credit Union Consumer On-Demand 87

PYMNTS

JULY 3, 2018

There are plenty of mobile deposit apps for consumers, but there are far fewer focused on commercial mobile deposits. Employees in the field are often stuck accepting only cash or checks, which they collect throughout the week and deposit as a batch. DadeSystems.

Mobile Deposit 40

Mobile Deposit Online and Mobile Banking APACS Fraud Prevention 40

PYMNTS

OCTOBER 19, 2017

Seed’s integrated solutions include the Visa Business Debit card, free mobile bill pay, mobile deposits and electronic supplier payments via ACH or paper check.

Small Business 46

Small Business Cash Management Online and Mobile Banking Mobile Deposit 46

PYMNTS

MARCH 22, 2018

More than 50 percent reportedly believe it’s important for banks to provide mobile deposits, P2P services and account openings. Fifty-five percent of Americans have a full-service banking app on their phone, and 16 percent check these apps at least once per day.

Online and Mobile Banking 60

Online and Mobile Banking Mobile Deposit Checks P2P 60

The Paypers

AUGUST 2, 2018

(The Paypers) Mitek , a global provider of digital identity verification solutions, and eDOC Innovations have partnered to bring Mitek's Mobile Deposit and its risk mitigation features to eDOCMobile RDC.

Mitigation 28

Mitigation RDC Risk Mitigation Checks 28

PYMNTS

MAY 1, 2017

The company said it processed an estimated $1 trillion in check value through its mobile deposit offerings — with B2B payments behind much of that momentum. “We Mitek Systems saw an impressive 13.29 percent share increase last week ahead of the release of its earnings for Q2 of the fiscal year ending March 31.

Mobile Deposit 40

Mobile Deposit B2C B2B Checks 40

PYMNTS

FEBRUARY 21, 2017

million, above the Street, where deposits were on the upswing, especially as ties in to mobile deposits. The shares have recently been at around $6.15. The company’s revenues were up 25 percent year over year to $9.3

Mobile Deposit 43

Mobile Deposit Payments Adjustments PayPal 43

PYMNTS

SEPTEMBER 5, 2016

. “This sets up a tremendous opportunity for mobile wallet services to ‘speak’ to foreign-born Hispanic millennials and convert them to customers,” reports by MediaPost stated. ” Not surprisingly, Hispanic millennials are more likely than their older counterparts to already use a mobile wallet.

Mobile Payments 41

Mobile Payments Mobile Deposit Research Mobile Banking 41

PYMNTS

APRIL 2, 2019

Subscribers to its services can access a range of on-demand services for both consumers and small businesses , as well as loans, financial wellness support, mobile deposit, P2P payments, ATM access, video banking services, text alerts and other features.

Community Banks 46

Community Banks Payment APIs and Integration FDIC Mobile Deposit 46

PYMNTS

AUGUST 7, 2017

Mitek management called out recurring revenues via mobile deposit as one contributor to growth. The company also said its top line grew by 30 percent from last year’s figures, finishing out at $11.8

Mobile Deposit 40

Mobile Deposit Payments Settlement Adjustments 40

PYMNTS

JANUARY 9, 2017

In news of another pact that helped drive shares higher for a payments-related name, Mitek said last week that its mobile deposit and MiSnap products are being licensed into the American Cancer Society’s mobile fundraising app. That news helped bring Mitek shares ahead by 9 percent for the week.

Mobile Deposit 40

Mobile Deposit Push-to-Card Payments Returns 40

PYMNTS

AUGUST 3, 2020

Even the pandemic has not totally shaken vendors free from paper, and Askinosie said the continued reliance on physical checks may be due to both inertia and the fact that the ability to make mobile deposits of paper checks during stay-at-home orders reduces what otherwise could become untenable frictions.

Checks 81

Checks Online and Mobile Banking B2B P2P 81

PYMNTS

JULY 29, 2020

Numerica Credit Union is another CU that has seen usage of both online and mobile banking solutions jump. One recent report from the entity found there was a 200 percent increase in consumers signing up for mobile banking accounts in the month of April, for example. Mobile deposits have also increased, according to the CU.

Credit Union 67

Credit Union Online and Mobile Banking Remote Deposit Capture Mobile Banking 67

Finovate

APRIL 11, 2024

In addition to its solution for check fraud, Mitek also offers a low code identity verification solution, an biometric authentication solution MiPass , and Mobile Deposit , the company’s mobile remote deposit capture offering. Today, 99% of U.S.

Checks 59

Checks Remote Deposit Capture Counterfeit Check Identity Theft 59

PYMNTS

MARCH 10, 2016

Mitek Brings Mobile Deposits To The UK. Mitek is expanding its global outreach with the launch of Mobile Deposit, its mobile check capture technology, in the United Kingdom. Since its launch, Mobile Deposit, which lets users quickly cash a check by taking an in-app picture, has seen widespread adoption in the U.S.

Online and Mobile Banking 41

Online and Mobile Banking EMV P2P Mobile Deposit 41

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 Government Governance Counterfeit Check 73

FICO

FEBRUARY 24, 2022

Consumers are increasingly using their phones for almost everything , from mobile deposits, to contactless payments and person-to-person payments, a trend that will likely remain as the “new normal” even after the pandemic. Transaction behaviors have also evolved during the pandemic.

Money Laundering 52

Money Laundering Financial Crimes Crime AML 52