Mobile deposit rules! Well, not quite. But it certainly has a steep adoption curve, and that adoption curve is set to grow steeper with a new solution geared specifically to smaller banks and credit unions. It’s called Select Mobile™ Deposit-Express, and it’s the latest mobile deposit innovation from Cachet.
Read more Mobile remote deposit capture is radically changing the competitive landscape for financial services, particularly competition for Millennials. This is good news for cost-conscious banks and credit unions, as mobile deposits are significantly cheaper to accept than in-branch deposits. Of course, there is a downside to consider: criminals, intent on undermining the integrity of the financial system, are always on the lookout for new ways to defraud companies and consumers.
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