Tag Archive for eDeposit

CIBC set to launch eDeposit for cash

Thе fіrѕt аmоng thе bіg 5 Cаnаdіаn bаnkѕ tо іntrоduсе rеmоtе сhеquе dероѕіt tесhnоlоgу оn a mоbіlе рhоnе fоr реrѕоnаl аnd ѕmаll buѕіnеѕѕ clients, іѕ nоw thе fіrѕt bаnk tо gо ріlоtіng a vеrѕіоn оf іtѕ eDeposit fоr саѕh ѕоlutіоn fоr buѕіnеѕѕеѕ wіth lаrgеr саѕh volumes.

Cuѕtоmеrѕ whо fіnd thе рrосеѕѕ оf dероѕіtіng саѕh аt thе bаnk tоо іmрrасtісаl оr јuѕt tоо ѕlоw аrе gеttіng a hеlріng hаnd frоm thеіr banks. In аn еffоrt tо mаkе trаnѕасtіоnѕ mоrе convenient, ассеѕѕіblе аnd faster, Canadian Imреrіаl Bаnk оf Cоmmеrсе hаѕ еmbаrkеd оn ріlоtіng a nеw fеаturе whісh іѕ ѕаіd tо аllоw buѕіnеѕѕ оwnеr tо dероѕіt саѕh whіlе thеу аrе ѕtіll аt thеіr рrоѕресtіvе ѕtоrеѕ оr оffісеѕ CIBC’s lаtеѕt eDeposit fоr саѕh іnnоvаtіоn аllоwѕ саѕh ѕсаnnеd аnd соuntеd bу аn аutоmаtеd bіll rеаdеr the cash is then deposited into the Client safe Account thus giving them access to the funds before the cash is actually taken to CIBC this whole process is carried out with the aid of brink’s Computer safe

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TD Canada Trust Mobile Apps Now Allowing Cheque Deposits

Although late in the game TD Canada trust has finally updated their mobile apps to allow cheque deposits, their rivals as Tangerine and more recently CIBC have been offering this great feature for quite a while.

To take advantage of this feature be sure to update the TD app in your mobile app store, once updated this feature will show in the app, simply use the camera of your gadget and you will be able to deposit cheques, by the concrete snap of your document. This is a proof worthy enough for the Canadian bank to submit the further steps required in a mobile banking transaction. All in all, you don’t have to use an ATM or bank’s online services, to have your transaction performed, a couple of front and back pictures will help you save time. The update app is quite useful for businesses needing to sign multiple customer cheques, but also as individual user you can always enjoy the benefits of a comfortable mobile banking.

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The Combination of Comfort and On-The-Go Access Is Triumphing in the Market

#1-bankAt Cheques Plus we are always covering what’s happening in the financial world and today we will discuss about mobile solutions applied to finances:

We live in a digital Era where internet is making our lives more comfortable while speeding up certain processes. If you have been interested in the latest updates on the digital market, you can see that it’s clear that mobile solutions are managing to make room in this competitive world.

By looking at smartphones sales, tablets and so forth, we can clearly notice that more and more people are choosing those mobile solutions to perform different activities that in the past required a computer. The days when you needed to turn on your computer to check your email inbox, buy a product or communicate are gone. Now you have mobile solutions you can use combining comfort and commodity.

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Easy banking on iPhone with updated CIBC app

If you are willing to use your iPhone for fast and secure transactions, CIBC has just released an essential update to its classical app for Apple’s products. Mobile banking has never been easier, once you will try it, you will be delighted.

You will simply use the camera of your gadget and you will be able to deposit cheques, by the concrete snap of your document. This is a proof worthy enough for the Canadian bank to submit the further steps required in a mobile banking transaction. All in all, you don’t have to use an ATM or bank’s online services, to have your transaction performed, a couple of front and back pictures will help you save time. The update app is quite useful for businesses needing to sign multiple customer cheques, but also as individual user you can always enjoy the benefits of a comfortable mobile banking.

According to the bank’s representatives, this update will save the time of 11 million customers, an impressive number, if no technical trouble appears during the process. An interesting detail about this spectacular change is that the CIBC admitted that customers feverishly required the new method of payment, so the bank was just fulfilling their wish. You can do the same magic with your Android gadget too, the only exception established for the moment by the bank is that the service is available only for Canadian dollar cheques via eDeposit. Unfortunately, CIBC hasn’t mentioned when its BlackBerry and android app will receive the same update.

According to a financial report issued last year, it seems that other six major banks prepare their infrastructure in order to introduce a similar feature, so mobile banking will soon face a revolution. For the moment, ING Direct offers a similar app.

CIBC stated that the update is safe and secure, since none of your sensitive information regarding your money is effectively store on your gadget, which is transmitted wireless, but don’t neglect an extra-protection thanks to antivirus software.

Update (Dec. 12 2013):
CIBC announced that they are expanding innovative eDeposit service for business clients too by providing them with a desktop cheque scanner. Head over here for the full details.