Check use may be on the decline, but those little slips of paper don’t seem to be going away. In fact, in its latest iOS update, BBVA Compass, a digital-forward bank, essentially doubled down on checks. The latest app update (v. 4.6) from BBVA Compass offers up a more robust remote-deposit capture.Read More
Post Tagged with: "Mitek"
Top Image Systems (TIS), a provider of image processing solutions, announced today that it had scored a software-as-a-service contract with a Top 5 bank in the U.S., the company announced today. The win for TIS — which appears to be a significant one — represents further erosion of market leader Mitek’s position inRead More
The death of checks seems to have been greatly exaggerated. Mitek Systems is announcing a new product today, mobile check deposit for businesses. The product will work much like the consumer version, but has additional functionality, such as the ability to attach invoices or other supporting documents. Checks may notRead More
Major changes are in store for US Bank’s mobile app in 2015. Niti Badarinath, senior vice president and head of mobile banking and payments, told Bank Innovation Monday that the bank would continue to push the envelope in imaging, as well as invest in beacon technology to personalize the banking experience.Read More
So your new iPhone is quite a bit more powerful than your last one — sharper graphics, better photos, faster processing — great, right? It’s great for consumers, maybe, but not necessarily for software developers. Consider Kofax, Irvine, Calif.-based makers of an enterprise imaging and analytics platform with many bank customers. DaveRead More
U.S. Bank ran a pilot program for mobile photo account opening, a Mitek Systems technology, with Twins games attendees this summer, and based on the positive results, plans to expand the program to other event spaces in its footprint.
A recent report from Mitek and RemoteDepositCapture.com found that 80% of banks experienced no losses from remote deposite capture. But fears over remote deposit capture remain among consumers
Stuck with a check that needs to be loaded into your online account? Well, don’t look to PayPal to bridge the gap. As of June 15, the San Jose-based eBay subsidiary has removed the ability to deposit checks via its mobile app, Consumerist reported yesterday.
It just got easier to open an account with a mobile device. Online account opening specialist Andera announced today that it has incorporated a feature to let users snap a picture of their driver’s license with a mobile device to cut down on keystrokes. This feature cuts data entry —Read More
In the delivery of remote deposit capture services to large organizations, it’s suddenly a crowded field. It seems that everyone is depositing checks with their smartphones these days. This convenience for customers, who are saved a trip to the branch or ATM, is also a win for FIs — whichRead More