USAA App To Let Users Deposit Checks With Their iPhone

The New York Times reports that bank and insurance company USAA is currently developing a system that will allow you to deposit checks via their iPhone application. Users will be able to take a picture of a check and send it to their deposit system, where it is processed.

“We’re essentially taking an image of the check, and once you hit the send button, that image is going into our deposit-taking system as any other check would,” said USAA’s Wayne Peacock.

[via NY Times]

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