Cash & Liquidity ManagementPaymentsCapital One Bank Launches Mobile Deposit Capture for Companies

Capital One Bank Launches Mobile Deposit Capture for Companies

Capital One Bank has launched a Mobile Deposit Capture tool, which enables commercial customers to make cheque deposits from their iPhone or Android smartphones. The new tool integrates with the bank’s existing remote deposit service, so the same level of security, scalability and functionality is available in a single mobile platform.

“As more and more businesses are relying on mobile technology to manage business activities we find ourselves engaging with them in new and different ways,” said Colleen Taylor, Capital One’s executive vice president (EVP), head of treasury management and enterprise payments.

“This new, easy-to-use tool will give our customers the ability to deposit cheques on-the-go through a secure network, saving our clients time and money by eliminating trips to the bank and virtually bringing a teller window into the palm of their hand.”

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