Payments Source

JANUARY 3, 2017

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.

Mobile Deposit 60

Mobile Deposit Technology Checks 60

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

Payments Dive

MARCH 25, 2016

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.

Small Business 60

Small Business Mobile Deposit Checks 60

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

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

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

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

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

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

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 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

SEPTEMBER 17, 2020

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.

Checks 118

Checks Mobile Deposit Duplicate ATM 118

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

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

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

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

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

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

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 APACS Online and Mobile Banking Fraud Prevention 40

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

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

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

JUNE 29, 2020

“There’s been a 20 percent-plus increase in customers signing into digital banking capabilities and significant month-over-month increases in mobile check deposits. In March, the number of [mobile] checks deposited was up 40 percent over February, for example.

Online and Mobile Banking 126

Online and Mobile Banking IRS Adjustments Checks 126

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

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

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

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

AUGUST 4, 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 …,” Edwards said.

Checks 97

Checks IRS Tax Refunds Returns 97

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

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

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

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

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

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 Innovation 87

Fintech Labs Insights

OCTOBER 6, 2015

With the explosive adoption of mobile deposit, your customers are embracing their device’s camera as a tool to simplify their lives. Join Mitek, the inventor of mobile deposit, as we demonstrate how to build a simple mobile capture app leveraging our Android MiSnap SDK. ” Key takeaways.

Mobile Deposit 26

Mobile Deposit Deposit Account Use Case Authentication 26

Fintech Labs Insights

NOVEMBER 3, 2015

Fiserv and Early Warning partner to enable real-time bill pay and deposit services for U.S. Mitek launches mobile multi-check capture for Commercial Mobile Deposit. Corporate One partners with Gro Solutions to expand credit unions’ digital platforms. The post Finovate Alumni News appeared first on Finovate.

Mobile Deposit 24

Mobile Deposit Credit Union API Automation 24

Fintech Labs Insights

JANUARY 5, 2017

Mitek partners with the American Cancer Society, supporting mobile fundraising with its mobile deposit and MiSnap technology. ACI Worldwide to provide fraud protection for Kuwait’s Shared Electronic Banking Services Company (KNET). This post will be updated throughout the day as news and developments emerge.

Mobile Deposit 16

Mobile Deposit Electronic Banking Posting Accounts 16