Friday, May 4, 2012

NewDominion Bank launches mobile check deposit

Charlotte-based NewDominion Bank announced this week that it has begun offering mobile check deposit, a technology increasingly gaining popularity in the banking industry.

It allows customers to take a picture of both sides of a check and submitting it through a mobile app, rather than taking it into a branch to be deposited. The bank supports iPhone, iPad, Android and Blackberry.

Larger banks have generally offer this technology, but it is still relatively uncommon at community banks. A 2011 survey by the Independent Community Bankers of America reported that about 25 percent of small banks offered the so-called remote deposit capture.

BB&T also announced this week that it was rolling out the service.