I am excited that Bank of America has launched the Mobile Deposit application for iPhone today. Great team work from Mitek to support Bank of America going live. I tried the application and the user experience is great, seamless and friendly. I like that the deposit is immediately reflected with status as Pending in your account statement.
With BoA launching, we now have Chase, Citi, Wells (partially launched), BoA, PNC - all the top 5 banks providing the Mobile Deposit feature. Definitely gratifying to see our technology widely adopted and used.
Additional good news is that, the deposit through Mobile limit seems to be $10000 which is pretty good. This means I can deposit my typical expense checks ( typically $3K) without having to go to the bank or ATM. There are some banks which have much lower limits but users are definitely requesting to increase the limits based on the reviews I have seen on app stores.
Go Mitek!! Go Mobile Deposit!!
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