http://www.engadget.com/2009/08/10/usaas-deposit-mobile-app-puts-check-deposits-a-mug-shot-away/ Engadget Comments for USAA's Deposit@Mobile app puts check deposits a mug shot away http://www.engadget.com/media/feedlogo.gif http://www.engadget.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/http://www.engadget.com/2009/08/10/usaas-deposit-mobile-app-puts-check-deposits-a-mug-shot-away/http://www.engadget.com/2009/08/10/usaas-deposit-mobile-app-puts-check-deposits-a-mug-shot-away/Aug 10th 2009 9:56PMhttp://www.engadget.com/2009/08/10/usaas-deposit-mobile-app-puts-check-deposits-a-mug-shot-away/http://www.engadget.com/2009/08/10/usaas-deposit-mobile-app-puts-check-deposits-a-mug-shot-away/Aug 10th 2009 10:58PMhttp://www.engadget.com/2009/08/10/usaas-deposit-mobile-app-puts-check-deposits-a-mug-shot-away/http://www.engadget.com/2009/08/10/usaas-deposit-mobile-app-puts-check-deposits-a-mug-shot-away/
I don't see banks going to this too soon. The liability is huge. And if they do, can I opt out that MY checks can be submitted this way? (On the rare shot I write one.)]]>Aug 11th 2009 12:29AMhttp://www.engadget.com/2009/08/10/usaas-deposit-mobile-app-puts-check-deposits-a-mug-shot-away/http://www.engadget.com/2009/08/10/usaas-deposit-mobile-app-puts-check-deposits-a-mug-shot-away/
This is a bad plan, USAA. Please go watch "catch me if you can" if you're unsure why check forgery is a bad thing. Checks from large companies are rarely back-checked in a timely fashion. What if I took a temp job, modified my check, emptied the account, then disappeared? Who's stuck holding the bag on that one?]]>Aug 11th 2009 1:15PMhttp://www.engadget.com/2009/08/10/usaas-deposit-mobile-app-puts-check-deposits-a-mug-shot-away/http://www.engadget.com/2009/08/10/usaas-deposit-mobile-app-puts-check-deposits-a-mug-shot-away/
They have been doing this for years on PCs. Using the routing numbers and text recognition software they have nothing to worry about. Anything that doesn't check out the cheque will throw it up for review to a real person.

Furthermore, you do realize that most cheques going through the bank are never looked at, and simply electronically scanned.]]>Aug 11th 2009 2:31PMhttp://www.engadget.com/2009/08/10/usaas-deposit-mobile-app-puts-check-deposits-a-mug-shot-away/http://www.engadget.com/2009/08/10/usaas-deposit-mobile-app-puts-check-deposits-a-mug-shot-away/
They started out with prepaid envelopes to mail in payments, but upgraded quickly.

]]>Aug 11th 2009 7:36AMhttp://www.engadget.com/2009/08/10/usaas-deposit-mobile-app-puts-check-deposits-a-mug-shot-away/http://www.engadget.com/2009/08/10/usaas-deposit-mobile-app-puts-check-deposits-a-mug-shot-away/]]>Aug 11th 2009 8:56AM