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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. In the meantime, “because there's an offline component, there are ways around positive pay files,” he added.

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72 Features to Look for in the Best Small Business (SMB) Digital Bank Account

Fintech Labs Insights

Mobile app. Mobile deposit capture. Positive pay for all items. Wire/real-time transfers*. Long-term (5+ years) transaction/statement archives. Sortable/searchable data. Debit card. Should-have features: Invoicing/bidding with embedded payments*. Lifetime statement/transaction archives. Card processing*.