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For banks and credit unions, the ability to capture a photo of a bill can also capture the attention of consumers and increase mobile engagement.

When First Financial Bankshares, Inc. was the first in the nation to launch mobile photo bill pay in 2012, they proved that the leading innovators of the financial industry are not always the big banks.

 

May 21, 2015

 

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Data from Malauzai Software Shows Continued Growth of Mobile Camera Use in Banking

AUSTIN, Texas--(BUSINESS WIRE)--Malauzai Software, a provider of mobile banking SmartApps for community financial institutions, has seen significant growth in banking via the smartphone camera in the first half of 2014. Usage of mobile banking features such as mobile remote deposit capture and mobile photo bill pay has increased as smartphone cameras have advanced in functionality. These advances have also paved the way for new services to be introduced.

 

August 8, 2014

 

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Park Sterling Bank unveils new mobile app with 'photo bill pay'

Hoping to snag an advantage over its competition, Charlotte-based Park Sterling Bank (NASDAQ:PSTB) has become the first Charlotte-area bank to offer account holders the ability to pay bills with just a smartphone photo.

 

April 24, 2014

 

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Allied Payment Network Reports 99.2 Percent Success Rate on Mobile Bill Pay Reads with PicturePay®

Allied Payment a provider of online and mobile bill payment services to the financial industry, announced that the company’s patent pending image process

workflow provides a 99.2 percent read success rate when processing payments through its mobile photo bill pay solution, PicturePay®.

 

August 4, 2014  

 

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The Rise of the Camera in Mobile Banking

When was the last time you took a picture with your phone or tablet? Probably pretty recently, right? Now, when was the last time you took a photo with a digital camera? You might have to think a little harder about that one. Smartphone and tablet cameras are in fact becoming so advanced that some experts speculate they will surpass the physically larger and now ubiquitous Digital SLR (DSLR) cameras in a few years. No doubt, mobile devices have become our go-to picture-clicking tools.

 

February 27, 2015 

 

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Allied Payment Network’s FlexPay Internet Bill Pay Solution Integrates With PicturePay®, Features Transaction-Based Pricing Model

Allied Payment Network, a provider of online and mobile bill payment services to the financial industry, announced today that FlexPay, Allied’s Internet bill pay solution, now offers banks and credit unions full integration with Allied’s industry-leading PicturePay® mobile photo bill pay solution, as well as flexible, per-transaction pricing rather than the traditional per-user pricing model.

 

August 11, 2014 

 

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Bankers See Pain-Free Mobile Bill Payment as Key to Retaining Customers

The data entry chore of paying bills electronically is becoming more of a snap on camera-equipped mobile devices.

 

June 14, 2014

 

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FFIN's Casey Sees Quick Adoption of Photo Bill Pay

"We were somewhat late to the mobile game," says Jeff Casey, vice president of alternative delivery channels at First Financial Bankshares. "Getting in the game is one of our biggest achievements."

 

June 3, 2014 

 

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