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The CUJournal reported today that Torrance Community Credit Union launced a deposit capture iPhone app. That brings the (known) institutions to 5: 3 are credit union, 2 are bank.
Eric King, vice president of Business Services, provides a first-person narrative of how Delta Community Credit Union is helping small- to medium-sized businesses in Georgia succeed.
Credit unions and banks are running neck-in-neck in launching remote desposit iPhone apps.
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Home capture can have a positive impact on growth strategy.
The speed at which deposit capture tools have evolved since Check 21 legislation was enacted in 2004 has been dizzying. In five short years, we’ve seen branch capture, merchant capture, ATM capture ... and now teller capture.
Imaging technology makes optimal use of existing transaction networks and the internet, so that check imaging implementatino is fast, cost-effective, and easy for staff to master.
In March 2008, Digital Federal Credit Union ($4.5B, Marlborough, MA) launched a remote deposit capture service for members which has significantly increased their number of deposits.
I have a confession to make…my primary financial institution isn’t a credit union. It’s PNC.
I’ve been using USAA Deposit@Home for a few years now. Today, I tried Deposit@Mobile for the first time. I hit a few bumps (think I was too excited to use it to think clearly…or I’m more technically inept than I thought) but it went relatively smoothly. Here’s how it works.
By streamlining workflows and pumping up self-service offerings, credit unions can create a leaner, more productive operation to offset shrinking margins.