http://www.canadianbusiness.com/busi...by-smartphone/
Canadians finally getting mobile tool to cash cheques by smartphone
...Central 1 Credit Union, a trade association representing dozens of credit unions in B.C. and Ontario, said the technology would be widely available for other credit unions to adopt starting in June.
The technology is simple. Users simply need to take photos of the front of a cheque and then the back to cash it within the app.
ING Direct Canada first launched a trial of a similar technology in October and published survey results suggesting that 55 per cent of Canadian users deposited at least one cheque a month.
The company says the feature is to be officially launched in June and will work on all of the major mobile platforms: Apple’s iOS, Google’s Android, BlackBerry 10 and Windows Phone 8...
Quote:
Canadians finally getting mobile tool to cash cheques by smartphone
...Central 1 Credit Union, a trade association representing dozens of credit unions in B.C. and Ontario, said the technology would be widely available for other credit unions to adopt starting in June.
The technology is simple. Users simply need to take photos of the front of a cheque and then the back to cash it within the app.
ING Direct Canada first launched a trial of a similar technology in October and published survey results suggesting that 55 per cent of Canadian users deposited at least one cheque a month.
The company says the feature is to be officially launched in June and will work on all of the major mobile platforms: Apple’s iOS, Google’s Android, BlackBerry 10 and Windows Phone 8...