USAA, a privately held bank and insurance company, plans to update its iPhone application this week to introduce the check deposit feature, which requires a customer to photograph both sides of the check with the phone’s camera.Hattip: Jason at Countercolumn.
“We’re essentially taking an image of the check, and once you hit the send button, that image is going into our deposit-taking system as any other check would,” said Wayne Peacock, a USAA executive vice president.
10 August 2009
Another Geek Cool: The Next Step In Banking By iPhone.
I've been a USAA customer for some time, and it's innovative things like this that keeps me a rabidly loyal customer: