This alert may not be shared outside your organization, Do Not Repost or send, place on other websites, List servers, or send to others via email, including other associations or parties. Members and Law enforcement use only. Contact us for any permissions. To do otherwise will result in the loss of membership.
Consumers are placing their trust in mobile deposits. Here’s how banks can keep it.
By Michael Diamond, Senior Vice President, GM Digital Banking at Mitek Systems
In our post-pandemic world, it’s evident most people have become used to interacting with their banks online and aren’t interested in returning to their old in-person, branch-based banking habits. This was one of the key findings from a recent report Mitek conducted with Cornerstone Advisors, based on a survey of more than 1,000 U.S. consumers. Mobile deposit is a huge driver of this; nearly 88 percent of Americans accessed their checking account(s) using a smartphone or tablet during 2022.