Depositing checks with your phone

NCR is now allowing customers to deposit checks anywhere they get reception on their data-enabled mobile phones, reports Gizmodo.

Your phone's camera, which must be at least 2-megapixels, acts as a scanner that captures an image of the check. APTRA then uses Mitek Systems' advanced recognition and image quality technologies to validate all data before transmitting those images directly to your financial institution or online banking web site.

The biggest win is that APTRA provides users with an extra level of convenience. Imagine, no more having to drop paper checks in the ATM, waiting in line at the bank during the crowded lunch hour rush or worse yet, tearing your hair out because you arrived five minutes after close. This is also a cost-effective way for financial institutions to manage customer checking, thereby helping to improve customer satisfaction and grow revenue.

emily | 10:00 AM | How people and businesses are using cameraphones |
The Permanent Link to this page is: http://www.textually.org/picturephoning/archives/2009/04/023436.htm