Saturday, August 8, 2009

How tech is changing banks

How tech is changing banks: "The United Services Automobile Association, a financial services company for members of the U.S. military and veterans, plans to launch a free iPhone app that lets you deposit checks via your iPhone camera. The service will be called USAA Deposit@Mobile. To make a deposit, you use the app to log onto your account, enter the amount of the check, snap a picture of the front and back of the check, then touch the 'Send' button. The bank sends a confirmation. Here's a video demo."

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