Wednesday, April 29, 2009

NCR Allows Depositing Checks by Phone

I saw this on Gizmodo this morning. Apparently, with any 2-megapixel camera on a data-enabled phone, you can now deposit checks directly from the palm of your hand. NCR's APTRA Passport uses advanced recognition and image quality technologies to validate the check and send the necessary information to your financial institution.

I hope they've handled all the possible problems! This could turn out to be great or a total bust. I wonder if they've talked to any banks yet and gotten any feedback.

Stayed tuned for some eBB updates in the next couple weeks!

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