Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

NCR and NPCI complete Indian cheque truncation project

NCR Corporation (NYSE: NCR) and National Payments Corporation of India (NPCI) announced today the successful completion of the landmark Cheque Truncation System (CTS) project in India.

26 November 2014

Company update/Cheque imaging

President's Choice Financial introduces mobile cheque deposits

President's Choice Financial® services today announced the addition of a mobile cheque deposit feature, adding to its array of convenient services aimed at making banking simple and better for busy Canadians. The free service allows customers to safely and securely deposit cheques on-the-go through their mobile devices.

19 November 2014

Company update/Cheque imaging

Mitek to expand mobile image capture to user IDs

Mitek (MITK), the leading innovator of mobile imaging for financial transactions and identification, today announced it will be optimizing photo capture of driver's licenses and other IDs through mobile browsers.

12 November 2014

Company update/Cheque imaging

Southern Bank goes mobile with Malauzai

Malauzai Software, a provider of mobile banking SmartApps for community financial institutions, has announced that Mount Olive, N.C.-based Southern Bank has launched a mobile banking program with the company’s SmartApp, including integration with the bank’s online bill pay, as well as mobile photo bill pay through PicturePay.

29 October 2014

Company update/Cheque imaging

ProfitStars unifies image caputre across bank silos

Jack Henry & Associates, Inc. (NASDAQ:JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry.

22 October 2014

Company update/Cheque imaging

Victor Nichols joins Mitek Advisory Board

Mitek (MITK), the leading innovator of mobile imaging for financial transactions and identity, today announced that Victor Nichols, former Experian executive, has joined the company's advisory board.

15 October 2014

Company update/Cheque imaging

TransCentra ups security for remote cheque deposit

TransCentra, a leading provider of billing and payment software and services, has enhanced its remote deposit capture (RDC) offering with additional security features and created a single platform solution for clients using both RDC and remote lockbox services.

30 September 2014

News/Cheque imaging

USAA and Mitek settle cheque imaging lawsuit

Online army bank USAA and mobile cheque imaging outfit Mitek Systems have settled a lawsuit that has been running since 2012.

05 September 2014

News/Cheque imaging

UK govt clears way for mobile cheque deposits

The UK government is pushing ahead with legislation that will see Brits able to pay in cheques remotely by taking photographs with their phones.

25 June 2014

News/Cheque imaging

Mobile cheque deposits in Canada pass one million on first anniversary

Canadian consumers have used their mobile phones to deposit over a million paper cheques in the year since the technology was first introduced by the nation's banks.

28 May 2014

News/Cheque imaging

Americans switch from cheques to cards - Fed

Card payments have soared in popularity in the US over the last 10 years and now account for more than two thirds of all non-cash payments, according to Federal Reserve figures.

25 April 2014

News/Cheque imaging

US firms deposit $1bn through Wells Fargo app

American businesses have deposited more than $1 billion through Wells Fargo's mobile app since its launch in late 2011.

28 March 2014

News/Cheque imaging

Wausau uses location awareness tech to fight remote deposit fraud

Wausau Financial Systems has added location awareness technology to its remote deposit capture (RDC) suite to help banks sniff out suspect activity.

10 March 2014

News/Cheque imaging

TD rolls out green envelope-free ATMs

TD Canada Trust has unveiled 'green' ATMs which let users make envelope-free deposits and view scanned cheque images and itemised cash on their receipts.

02 December 2013

News/Cheque imaging

Moven gears up for launch

Having ditched the 'bank' from its name, US mobile-centric financial services provider Moven is gearing up for a closed beta launch at the end of February.

12 February 2013

News/Cheque imaging

Fed preps study on US non-cash payments usage

The US Federal Reserve is set to embark on a major study into the volume and composition of electronic and cheque payments as it bids to gain insight into a rapidly evolving landscape.

18 January 2013

News/Cheque imaging

Know-your-customer, don't lose your customer: Atlanta Fed warns on RDC risks

The biggest risk facing financial institutions in remote deposit capture may be in losing customers if they fail to offer the product, concludes the Federal Reserve Bank of Atlanta following a year-long examination of the technology.

21 November 2012

News/Cheque imaging

US banks walk away from struggling BlackBerry

American banks are ditching planned BlackBerry apps as the Canadian brand's market share tumbles in the face of Apple's iPhone and Google's Android, according to Keynote Systems.

06 November 2012

News/Cheque imaging

Mitek ups the ante in legal battle with USAA

Mobile cheque imaging outfit Mitek has raised the stakes in its ongoing legal battle with online army bank USAA to include claims for defamation and unfair business practices.

19 July 2012

News/Cheque imaging

Australia backs away from abolishing cheques

The Australian Payments Clearing Association (Apca) says it sees no need to close the country's cheque clearing system, following a year-long consultation with payment stakeholders.

17 May 2012