FinAi News

No products in the cart.

Subscribe
  • News
  • AI News Tool
  • Data
  • Transactions
  • Events
    • FinAi Banking Summit
    • FinAi Lending Summit
  • Podcast
  • WEBINARS
    • Webinar Library
Log In
No Result
View All Result
  • Banking
  • Lending
  • Payments
  • Risk & Security
  • Strategy
FinAi News
  • News
  • AI News Tool
  • Data
  • Transactions
  • Events
    • FinAi Banking Summit
    • FinAi Lending Summit
  • Podcast
  • WEBINARS
    • Webinar Library
BAN PLUS
Log In
No Result
View All Result
FinAi News
No Result
View All Result

BBVA Compass Introduces Multi-Check Deposit for Mobile

Philip RyanbyPhilip Ryan
May 4, 2016
in Banking, Payments
Reading Time: 2 mins read
0
Share on Facebook

© Can Stock Photo Inc. / imager1962Check use may be on the decline, but those little slips of paper don’t seem to be going away. In fact, in its latest iOS update, BBVA Compass, a digital-forward bank, essentially doubled down on checks.

The latest app update (v. 4.6) from BBVA Compass offers up a more robust remote-deposit capture. From the release details:

Multi-Check Deposit. We have improved Mobile Deposit again! You can now deposit multiple checks in one go. Plus, you can now switch the camera mode to manual so that you can jump right in to snap the picture!

BBVA Compass was reported as being a Mitek customer back in 2013. We have reached out to the bank for more information on this latest update and will update this post if appropriate.

Fiserv reported at its recent client forum that checks accounted for 19% of bill payments in 2015, down from 37% in 2009, and that RDC may be the most popular consumer use case with Fiserv’s online banking suite. Business use is likely higher. Yet, it’s often said in fintech circles (even by Deluxe) that many millennials have never written checks. But even passionate digital bankers may someday find themselves in possession of those pieces of paper they need to deposit into their accounts.

The BBVA Compass update, which has not yet arrived for Android, also includes more information for mortgage customers, including current interest rate, escrow balance, taxes paid, and more, according to the update description. Taken together, the app update amounts to a notable advancement for BBVA Compass’s mobile functionality.

Tags: appsBBVA CompassBill PaymentCheckFederal ReserveFiserviosMitekRDC
Previous Post

Are ‘Mumpreneurs’ An Untapped Market Niche for SME Lending?

Next Post

OnDeck Is Largely Ditching Marketplace Lending

Related Posts

Exterior of a Valley Bank branch
Banking

Finance, tech relationships help Valley Bank identify best AI use cases

July 23, 2026
Courtesy/Visa
Payments

BBVA, Visa execute agentic payments

July 23, 2026
Photo by Vaidik Trivedi
Banking

Santander reports AI business growth of $96M

July 22, 2026
Next Post

OnDeck Is Largely Ditching Marketplace Lending

Please login to join discussion

EMERGING FINTECH DIRECTORY

Emerging Fintech Directory

The Buzz Podcast

SPONSORED

Build an Antifragile Strategy to Outperform the Market

July 14, 2026

How AI and Product Experts Turn Fuzzy Requirements Into Focused Dev-ready Roadmaps

April 19, 2026

Is Your Technology Supplier There for You?

April 1, 2026

  • About Us
  • Help Center
  • Contact Us
  • Privacy Terms
  • ADA Compliance
  • Advertise

 [wt_cli_manage_consent]

Connect

twitter linkedin podcast podcast podcast
© 2026 Royal Media
No Result
View All Result
  • NEWS
    • All News
    • Banking
    • Lending
    • Payments
    • Risk & Security
    • Strategy
  • AI News Tool [Beta]
  • DATA
  • TRANSACTIONS
  • EVENTS
    • FinAi Banking Summit
    • FinAi Lending Summit
  • PODCAST
  • WEBINARS
    • Webinar Library
  • SUBSCRIBE
  • Log In / Account

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Unlock This Article

Create your free FinAi News account to access this article and stay informed on how AI is transforming financial services including banking, lending, payments, and risk.

Yes, I'd like to receive FinAi News updates, breaking news, and exclusive AI insights for financial services leaders.

Continue Reading with FinAi News Premium - Less than $2/Day

Upgrade to FinAi News Premium for unlimited access to news, insights, trends, and intelligence on how AI is transforming financial services including banking, lending, payments, and risk.
Upgrade to FinAi News Premium Subscription
No Result
View All Result
  • NEWS
    • All News
    • Banking
    • Lending
    • Payments
    • Risk & Security
    • Strategy
  • AI News Tool [Beta]
  • DATA
  • TRANSACTIONS
  • EVENTS
    • FinAi Banking Summit
    • FinAi Lending Summit
  • PODCAST
  • WEBINARS
    • Webinar Library
  • SUBSCRIBE
  • Log In / Account