Deposit 2012 Cell Phone Camera

In the near future  you might not even have to visit a bank or an ATM to deposit a check. You’ll simply snap a couple of photos of it with your cell phone.
Applications to do just that are already available for Apple  iPhone and other gadgets from USAA, a company that provides insurance and banking mainly for military veterans. Chase  Bank of America and Citibank are among the banks planning to release similar applications this year.
Although the technology  known as remote deposit capture  promises to save consumers time  it adds a new wrinkle to concerns about fraud and the privacy of financial data. But the banks and the technology companies helping them say they have largely overcome these concerns. And with new guidelines from federal regulators  more banks could start to feel comfortable putting the technology in consumer hands.