Canadian Mobile ‘Photo Chequing’ Tops 1 Million Deposits, Led by CIBC, Tangerine
Do you deposit cheques at your bank (old school) or do you use your smartphone? According to NCR data, Canadians have made over 1 million ‘photo chequing’ deposits since last year, when the Canadian Payments Association approved mobile remote deposit captures (RDC). Mobile photo chequing has doubled every quarter since last April when Canadian banks...