Sentences with phrase «mobile deposit technology»
With the advent of mobile deposit technology, no longer do you have to worry about the hassle related to visiting your local branch.
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Smaller financial technology companies can be flexible in crafting creative solutions to serve customers on the margins, said Lisa McFarland, an executive vice president at Ingo Money, which charges between 1 and 4 percent to deposit paychecks through a mobile app.
Yet the company is definitely active in the tech area: It's tested and implemented mobile apps, radio - frequency identification technology (RFID), the internet of things devices, mobile payment options and PayPal deposits.
However, if you want to take advantage of the latest trends — such as banking on your mobile phone or making deposits in ATM machines without deposit slips — a big bank is likely to stay more current with new technology, Hausinger says.
Mobile banking and banking technology have also allowed us to make deposits from the convenience of our home, nearly eliminating the need for more traditional banking and financial institutions.
From mobile deposit and personal money management and budgeting tools to the ability to send or receive money with a simple email or text, Trustmark provides the technology and expertise that makes banking easier than ever.
The introduction of mobile check imaging (also known as remote deposit capture) and other technologies is helping to shorten the holding period; however, to avoid fees, bad checks and other sticky situations, it's still important for you to understand what the holding period is at your credit union or bank.
They also use 21st century technology like remote deposit through their mobile banking app and Zelle ®, which allows you to securely send and receive money from friends and family.