U.S. Bank First Large Bank to Launch Photo Mobile Bill Pay
U.S. Bank announced Thursday that it will begin offering Mitek’s Mobile Phone Bill Pay service to its retail customers. The Minneapolis bank committed in 2012 to be the first in its class to offer the technology, which lets customers pay billers by using a smartphone or tablet camera to snap a picture of an invoice. The bank technology vendor has enrolled approximately 564 banks for its mobile check deposit software thus far.
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American Banker (03/07/13) Sposito, Sean