Tuesday, August 11, 2009
Posted by Jeff Campbell in "Apple Software (iPhone/iPod Touch)" @ 07:00 AM
"Getting a step closer to completely paperless banking, some customers of USAA will be able to deposit checks using their iPhones. An updated version of the bank's mobile app out this week accepts checks that have been photographed with the iPhone."
Basically, it boils down to taking a picture of the front and the back, after it is signed of course, and sending the image via this app. This is only for the 60% or so of the USAA customers that have credit along with insurance though the bank, but since most of the clients are military it might be quite handy for them. I personally think direct deposit is the way to go but having options is always a plus.