Banks are starting to understand that the mobile channel offers more value than just transactional mobile banking services like mobile account transfers. Areas of interest for banks include mobile marketing services, such as presenting ads for mortgage services when clients are browsing for real estate, or presenting overdraft protection services through mobile devices in real time as consumers reach account limits.. Read more...
Banks in the U.S. are providing applications that allow mobile subscribers to deposit checks by taking pictures of checks using mobile phone apps. The process is called "Remote Deposit Capture" and is being increasingly used by banks such as Chase, USAA, Bank of America, and Citibank.. Read more...