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Bank to Allow Deposits Via the iPhone

Article Comments  23  

Aug 10, 2009, 12:54 PM   by Eric M. Zeman   @phonescooper

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.

more info at New York Times »



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Subject Author Date
LOL.... flip mode Aug 10, 2009, 1:32 PM
  • Re: LOL.... by Kryger   Aug 10, 2009, 2:03 PM
    • Re: LOL.... by Kryger   Aug 10, 2009, 2:10 PM
      • Re: LOL.... by flip mode   Aug 10, 2009, 3:04 PM
        • LOQ by Drunk   Aug 10, 2009, 3:32 PM
            (more replies...)
        • Re: LOL.... by Kryger   Aug 10, 2009, 4:31 PM
            (more replies...)
  • Re: LOL.... by desertnate   Aug 11, 2009, 7:57 AM
How about you... donebrasko Aug 10, 2009, 9:06 PM
Iphone sending pictures corepreacher Aug 10, 2009, 2:38 PM
Delete The Picture Too crood Aug 10, 2009, 1:21 PM
I have an account with USAA mackygirl Aug 10, 2009, 1:45 PM
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