Capital One Launches Mobile Deposit Capture for Commercial Clients

by Mercator Advisory Group 0

Capital One Monday launched mobile deposit capture for the bank’s commercial clients. The application is supported by iOS and Android operating systems.

From the press release:

“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, EVP, Head of Treasury Management and Enterprise Payments at Capital One Bank. “This new, easy-to-use tool will give our customers the ability to deposit checks 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.”

Mobile deposit capture is an especially valuable tool for corporations with geographically diverse operations. The technology enables business units to remotely deposit checks into a centralized account for immediate posting rather than mailing checks or establishing multiple accounts.

Click here to read more from the press release.

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