1. Hate going to the bank to deposit a check, your iPhone has an app for that.

    Published July 24 at 11:45 AM by Jody Hoover
    Comments (0)

    Disclaimer: not every bank has this setup yet, my bank just happens to be leading the pack.  

    I got my iPhone 4 about three weeks after it had been released.   I am finally one of the cool kids and I do not have a blackberry or windows phone anymore.  I installed my banking app and remembered someone telling me that their app allowed depositing of checks via the app by taking pictures.  Honestly, I thought this was the most useful thing to do with the camera and the iPhone in general.  

    I get expense checks from time to time that are not direct deposited and my bank has no local branches.  Previous to the iPhone app, I had another bank locally, and I had authorized wire transfers between the two.  But this still required me driving a ways, depositing the check and then transfer the funds.  iPhone app comes along and this is not a problem any more.  I choose mobile deposit and take a picture of the front and back (which is signed with and labeled for deposit only into my account).  Funds are available immediately.  

    To me, this is a game changer and should send banks into examining why they have so many branches when a smart phone could do a bulk of deposits for individuals.  Commercial deposits, well, not every solution is a good fit to every problem.   

    Entry Tags: iphone, apps, cool, apple, Banking