This Week’s Reads: Mobile Check Deposit, Payments and Digital

Below are interesting stories the Banking.com staff has been reading over the past week.

Articles via Banking Exchange, PYMNTS.com, Enterprise Innovation

  • Mobile check deposits continue to rise: A recent survey found that one in seven Americans have deposited a check using a mobile device within the past year. However, people are using checks less frequently so it is important to keep both facts in mind when discussing mobile check deposit options for your financial institution.
  • FIs open up about mobile payment practices: A recent survey found that most FIs plan to add mobile payments to their offerings within the next year or two if they aren’t already offering it. This shows how mobile’s increasing prevalence is making FIs think about new ways to benefit their customers and members.
  • Banks need digital to keep millennials happy: While customers may prefer digital, they are not using it exclusively –meaning that a true omnichannel approach is the key to keeping them happy.

What have you been reading? Let us know in the comments section below or Tweet @bankingdotcom.

Written by Banking.com Staff