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The New York Times is reporting that banking and insurance company USAA will allow qualified ... Apple iPhone News forum

  1. #1
    srl7741's Avatar
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    Bank to Offer Check Deposits Through iPhone App

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    The New York Times is reporting that banking and insurance company USAA will allow qualified customers to deposit checks via its iPhone application.

    The Internet has taken a lot of the paperwork out of banking, but there is no avoiding paper when someone gives you a check. Now one bank wants to let customers deposit checks immediately — through their phones.

    USAA, a privately held bank and insurance company, plans to update its iPhone application this week to introduce the check deposit feature, which requires a customer to photograph both sides of the check with the phone’s camera.

    “We’re essentially taking an image of the check, and once you hit the send button, that image is going into our deposit-taking system as any other check would,” said Wayne Peacock, a USAA executive vice president.

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    Last edited by azstar; 08-10-2009 at 11:00 PM. Reason: typo

  2. #2
    VIOLATOR's Avatar
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    This is truly the only app that iphone has come up with that I am jealous of as a BB owner!


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  3. #3
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    WOW!! Let's hope other banks do this too, would love to have a WaMu/Chase app.....absolutely AMAZING!

  4. #4
    lenchoirs's Avatar
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    I'm a customer of USAA Bank and they have been accepting scanned checks via e-mail for years. So this is no great surprise. This is a great service which will be probably coming to a bank near you. Now if USAA would create an app for the Blackberry...

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    I agree! This is an awesome feature for the iphone. Way to go!
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