Using the latest offering, the users can easily deposit their cheque anytime and anywhere, which saves time and resources for both the bank and the consumer.
BB&T mobile banking manager Patricia Kinney said the firm wanted to be responsive to their clients’ needs by offering this innovative solution.
"By offering anytime, anywhere check deposits, BB&T moves mobile banking beyond the most common banking functions. This new capability adds value to our mobile banking clients and helps grow this important, untapped market," Kinney said.
US based bank said that it also utilizes Branch Source Capture from Fiserv to modernize the capture and balancing of cheque deposits at the back office, and Merchant Source Capture from Fiserv to enable the cheque deposits from its business customers.
According to BB&T, the combined solutions create an environment in which duplicate deposits from a smartphone, scanner or other channel are easily detected.
Fiserv source capture optimization director Gary Brand said that BB&T looked to their organization to help them quickly go to market with this innovative solution.
"Today’s consumers expect the highest levels of convenience in self-service banking options. BB&T’s implementation of Mobile Source Capture positions the organization for increased market share and greater value for its current mobile banking customers, putting BB&T at the forefront of the mobile banking revolution," Brand added.
