Post Tagged with: "mobile photo bill pay"

Top 5 Least Used Mobile Banking Features

Top 5 Least Used Mobile Banking Features

by September 13, 2015 at 3:58 pm 2 comments

Why do we use our mobile banking app? That’s easy: to transfer money, view our transactions, deposit a check — but which features don’t we use on our mobile banking apps? That has been more of a mystery, but last week the mobile (and wearable) software designers at Malauzai finally pulled backRead More

Mitek Suddenly Has RDC Competition

Mitek Suddenly Has RDC Competition

by February 6, 2014 at 12:35 pm 0 comments

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

Two Ways to Get Bank Customers to Use Bill Pay

Two Ways to Get Bank Customers to Use Bill Pay

by January 27, 2014 at 9:53 am 0 comments

Paying bills is painful. What can banks do to ease the pain? Only 40% of online banking users use their bank’s bill pay functionality, which is famously one of the “stickiest” features for retaining customers. Fiserv and Allied Payment Network offer two innovative approaches to help users get started paying billsRead More

Mobile Check Deposit Will Be Available to Most Americans by the End of 2014, Mitek Predicts

Mobile Check Deposit Will Be Available to Most Americans by the End of 2014, Mitek Predicts

by December 13, 2013 at 11:46 am 0 comments

By the end of next year, the majority of Americans will have access to mobile remote deposit capture — so says Mitek Systems, RDC purveyor. Imaging company Mitek has been pushing for banks to adopt its technologies, especially RDC, for years, and Scott Carter, the company’s chief marketing officer, predicts 2014Read More

Mitek Announces In-Branch Photo Account Origination

Mitek Announces In-Branch Photo Account Origination

by September 10, 2013 at 10:13 am 0 comments

Mobile account origination still eludes banks, but payday lenders are having no such problem. Just 3% of bank accounts are originated on mobile devices, while better than 30% of payday loans are originated on mobile, according to Mitek CMO Scott Carter. The reason is that payday customers, often the youngRead More

Picture Bill Pay Makes Traditional Bill Pay Less Sticky, BBVA Compass Says

Picture Bill Pay Makes Traditional Bill Pay Less Sticky, BBVA Compass Says

by June 10, 2013 at 9:05 am 3 comments

BBVA Compass is counting on its new mobile photo bill pay product to make it an attractive candidate for those looking to switch banks, a senior bank official told Bank Innovation. BBVA Compass became the second large bank in the nation, after US Bank, to release mobile photo bill pay lastRead More

Version 2.0 of Mitek’s Mobile Photo Bill Pay Solution Launches

by June 5, 2013 at 10:08 am 0 comments

Mitek released version 2.0 of its mobile photo bill pay solution yesterday. The 2.0 update includes several feature enhancements and is expected to go live for the two clients currently using the solution, US Bank and BBVA Compass, very soon, according to Jim DeBello, CEO of Mitek. The primary enhancementRead More

Mobile Photo Bill Pay Adoption is High, But Transaction Values Are Not

Mobile Photo Bill Pay Adoption is High, But Transaction Values Are Not

by May 20, 2013 at 11:26 am 1 comment

Mobile photo bill pay is seeing faster adoption than traditional bill pay, and is also beating traditional bill pay in usage on the smartphone, according to data from the mobile software development company Malauzai. Robb Gaynor, chief product officer for Malauzai, told Bank Innovation that adoption of the company’s PicturePay productRead More

US Bank’s Mobile Photo Bill Pay Users Doubled in Last Two Weeks

US Bank’s Mobile Photo Bill Pay Users Doubled in Last Two Weeks

by May 1, 2013 at 9:15 am 3 comments

While usage of US Bank’s revolutionary mobile photo bill pay solution has doubled in just the last two weeks, bank officials say it is “too soon to tell” whether the product is deepening customer engagement or bringing in large numbers of users. That was the upshot of the briefing ofRead More

US Bank Is First Major FI to Launch Mobile Photo Bill Pay

US Bank Is First Major FI to Launch Mobile Photo Bill Pay

by March 7, 2013 at 12:03 pm 0 comments

US Bancorp made good on its promise to be the first major bank to deliver mobile photo bill pay to its customers today. The initiative was announced in early December. The feature is available on updated iOS and Android apps released today. San Diego-based Mitek powers the solution and isRead More