USAA Will Allow Customers to Deposit Checks by iPhone USAA: Customers will not have to mail the check to the bank later; the deposit will be handled entirely electronically, and the bank suggests voiding the check and filing or discarding it. But to reduce the potential for fraud, only customers who are eligible for credit and have some type of insurance through USAA will be permitted to use the deposit feature. Mr. Peacock said that about 60 percent of the bank’s customers qualify. Wow.
Pop-upView Separately

USAA Will Allow Customers to Deposit Checks by iPhone

USAA:

Customers will not have to mail the check to the bank later; the deposit will be handled entirely electronically, and the bank suggests voiding the check and filing or discarding it. But to reduce the potential for fraud, only customers who are eligible for credit and have some type of insurance through USAA will be permitted to use the deposit feature. Mr. Peacock said that about 60 percent of the bank’s customers qualify.

Wow.

Source: The New York Times

5 Notes/ Hide

  1. anygivenwebdork reblogged this from jwisser
  2. jwisser reblogged this from jeffrock and added:
    Nice. Now me, please.
  3. blogofastudent reblogged this from jeffrock and added:
    bank of america sucks.
  4. jeffrock posted this