The USA’s largest independent mutual bank has announced the release of a new mobile banking app for its business customers.
Clients can use Dollar Bank’s new CashANALYZER app to access business accounts on their mobile devices. In addition to options for managing bills, transferring money, initiating and approving wire transfers, the app includes an innovative Mobile Remote Deposit feature. This allows business customers to deposit cheques using by using the built-in camera in their smartphone or iPad.
The app is currently only available for Apple devices using the iOS7 operating system, and can be purchased from the App Store. It is protected by a multi-layered security system and can only be accessed by Management System users.
Judy Murtha, Senior Vice President of Treasury Management at Dollar Bank, said: “We think this new app will be a game-changer for our customers. To be able to approve wire transfers and ACH transactions on the go is a big benefit to business owners.”
“The CashANALYZER App gives them a powerful mobile platform that is simple to use with deposit capability in the palm of their hand.”
Fresh from its $4.5bn IPO, Nordic payments processor Nets has picked Spire as its partner to help with the physical roll out ... read more
Square has introduced a new update to its contactless and chip readers that reduces transaction speed to 4.2 seconds.
It seems laptops are about to catch the biometric fever as PayPal, Intel, Lenovo and Synaptics are collaborating to introduce FIDO-enabled embedded fingerprint solution to PCs.
Mastercard is working with Stripe to expedite the payment process for American sellers on the latter's marketplaces using the instant payouts feature from Stripe.