Mobile Deposits news and trends

Good Mobile Deposit Apps Lead To Happy Bank Customers?
Mobile Applications // September 16, 2016

Here’s a tip for bankers and banks who want happy customers: Put forth a good mobile app, especially when it comes to deposits. A study by banking consulting firm Futurion, cited by Forbes, found that well-received apps lead to higher rankings as measured along customer...

Chase Passes 22M Active Mobile Customer Mark
Mobile Commerce // October 14, 2015

JPMorgan Chase’s third-quarter earnings were a mixed bag, but on the mobile side the banking giant continues to lead. While most of the headlines about yesterday’s earnings were, of course, focused on the financials, one of the major growth points for Chase’s banking side was...

Square Adds Instant Deposit For All Merchants
News // August 14, 2015

The mobile payments company is now making it easier for sellers to get their money with on-demand deposits. Square announced yesterday (Aug. 13) that Instant Deposit is now available to all Square sellers within the U.S., enabling money from a sale to be deposited directly...

How Much Do Consumers Use Mobile Check Deposit?
In Depth // February 03, 2015

Camera phones have pretty much put a crimp in the sale of cameras as most people are happy to trade off photo quality to the convenience of being able to snap a picture and post to Facebook or send to a friend via an email...

Quick Reads
Wells Fargo Uses AI To Improve Mobile App

February 14, 2018
Wells Fargo & Company announced that it has added Artificial Intelligence (AI) enhancements to its mobile banking app, which will give users personalized insights into their finances and allow them to achieve financial goals. Right now, there are more than 50 prompts a customer can receive, such as flagging higher-than-normal automatic monthly payments, sending a […]

Chase Passes 22M Active Mobile Customer Mark

October 14, 2015
JPMorgan Chase’s third-quarter earnings were a mixed bag, but on the mobile side the banking giant continues to lead. While most of the headlines about yesterday’s earnings were, of course,...

Square Adds Instant Deposit For All Merchants

August 14, 2015
The mobile payments company is now making it easier for sellers to get their money with on-demand deposits. Square announced yesterday (Aug. 13) that Instant Deposit is now available to...

Banks Struggle To Overcome Mobile Deposit Fraud

November 06, 2014
As deposit-by-smartphone becomes more popular, banks and imaging vendors are looking for new ways to block a new type of fraud: customers cashing a check more than once, American Banker...