Wednesday, June 10, 2009

Mobile Banking Features being expanded

People who have been familiar with mobile banking, including myself, wonder why mobile banking is always limited very few features such as current balances retrieval, intra-bank transfers and bill payments(again one can not add new payee). Good news is that financial institutions are rolling out some new and intriguing features slowly to mobile devices(thanks to growing popularity of iphone/blackberry apps). Recently, USAA has announced new features such as real time trading, finding car rental locations and requesting a copy of insurance proof etc. And, the real gem is Remote Deposit Capturing. RDC allows users deposit checks right from their iPhones. Take a look at this feature here.
Isn't it exciting?