Bank to Allow Deposits Via the iPhone
Private bank USAA is planning to update its iPhone application to provide its customers with the ability to deposit checks directly from their iPhones. Customers will need to take a picture of both the front and back of the check, and then send the pictures to the bank. The bank will then use its electronic systems to derive the account number, amount, etc. To prevent fraud, customers will have to have both a checking account and some type of insurance product with USAA to take advantage of the system. The bank suggests people destroy, file or void the checks once they've been photographed and sent in.
Several Banks Add Android Pay to Their Own Apps
Google has partnered with a small number of financial institutions in order to ease the process of signing up for Android Pay. Several banks, including Bank of America, Bank of New Zealand, Discover, mBank, and USAA, now let customers add debit/credit cards directly to Android Pay from within the mobile banking app.
Bank of America Apps Add Biometric Authentication
Bank of America today updated its Android and iOS apps with biometric security. Consumers who own handsets with fingerprint sensors — such as the Samsung Galaxy S6 or Apple iPhone 6 — can now use their fingerprint to secure the Bank of America app.
Bank of America to Drop Windows Phone Support, Too
Following Chase, Bank of America today indicated that it will cease to support the Windows Phone platform come March. According to the Windows Store listing for Bank of America's Windows Phone app, the app will cease to work in early March.
New Banks Join Apple Pay
U.S. Bank and M&T Bank today both added support for Apple Pay to their credit and debit cards.
Microsoft Wallet Gains Tap-to-Pay Functionality
Microsoft today updated its Microsoft Wallet app and gave Lumia smartphone owners the ability to make mobile payments at supporting retailers. Windows Mobile has long included a Wallet app, but until today it was reserved for loyalty cards and other retail programs.
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Iphone sending pictures
Delete The Picture Too
I have an account with USAA