Score: 2 to 2.

Credit unions and banks are running neck-in-neck in launching remote desposit iPhone apps.

 
 

NetBanker announced a fourth financial institution launched a remote deposit app for the iPhone. What I find interesting: credit unions and banks are neck-in-neck on this technology. Two credit unions are live: Randolph-Brooks & WV United. And now two banks: USAA and Royal Bank America. Who said credit unions were too small to compete?

I, myself, have used USAA's remote deposit app. Love it. Only complaint--I can't deposit "business-sized" checks because they are significantly longer than a consumer check and I'm using an old iPhone with 1 megapixel resolution. My hubby's 3 megapixel iPhone captures the images just fine.

 
 

Jan. 8, 2010


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