article thumbnail

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

PYMNTS

And even before then, as evidenced by an earlier conversation between Karen Webster and Drew Edwards , CEO of Ingo Money , mobile deposit fraud was increasingly becoming a favorite vector for criminals. Back then, Edwards noted that mobile check fraud was escalating so much that some banks were shutting off the feature entirely.

article thumbnail

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.

article thumbnail

Good Mobile Deposit Apps Lead To Happy Bank Customers?

PYMNTS

are relatively limited users of the apps, with only four out of 10 users having used that deposit function via mobile. 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. Customers in the U.S.

article thumbnail

DadeSystems: Mobile Deposits Must Serve The Middleman Too

PYMNTS

Wilson said that’s because, even though there are plenty of mobile deposit apps for consumers, there are far fewer focused on commercial mobile deposits. The check may be deposited in its rightful place, but the mobile tools available to field personnel do not solve for accounts receivable reconciliation, he said.

article thumbnail

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. In 2015, consumers donated $373.25

article thumbnail

Engage’s prepaid cards add mobile deposit from Ensenta

Payments Source

Engage Financial Technology, a provider of prepaid card programs for banks, healthcare providers, retailers and other organizations, has partnered with software provider Ensenta for a cloud-based approach to loading funds to prepaid cards.

article thumbnail

US Bank launches mobile deposit app for small businesses

Payments Dive

The bank said Deposit Express Mobile is best for small businesses that deposit fewer than 200 checks a month or for those with employees out in the field accepting checks from their customers.