Mobile Remote Deposit Capture For iPhone

Mobile Remote Deposit Capture

We are pleased to announce the first Mobile Remote Deposit Capture iPhone application available to financial institutions. By purchasing this software, your institution can immediately launch your new application on the iTunes store, complete with your own branding, logo and corporate colors.

 

This is a unique, first-to-market opportunity. Larger institutions, including Bank of America, have already announced plans to launch mobile RDC iPhone applications in early 2010. By taking the initiative now, your institution will attract new customers, retain existing ones, and gain an early advantage over your competition.

USAA Bank, who launched a similar application in the 4th quarter of this year, saw 270,000 members install the iPhone application within the first 6 weeks of launch. In the first week that USAA Bank offered remote deposit capture by iPhone, more than
$7 million deposits were made.

"An incredibly appealing application for small business customers for whom a trip to the bank often means time away from what is really important - growing their business", Marc Sanders, Director of Marketing at Regional Bank based in Philadelphia.

 

Call Yuxi Pacific to arrange an in-office demonstration of the application.

Banking customer will come to your branch and complete an application to join the MRDC program. On the application, the customer will provide the account to receive mobile deposits as well as their mobile phone number.

Did you know? Yuxi Pacific develops a full range of iPhone apps. Contact Yuxi sales for more information.

Bank teller receives the image of the check and a manifest file with the user's phone number, date of deposit, amount of deposit and notes to the teller.

Customer will then download the iPhone app from the iTunes store.

To deposit a check, customer starts the application and takes a picture of the check.

Customer then enters the amount of the deposit, any notes for the teller and clicks the deposit button.