Arvest Bank recently published an article in its blog on “Using Technology to Remain Financially Fit.” Below is an excerpt:
By exercising your options to bank from your computer or mobile device, you are putting yourself in a position to be stronger and more proactive about your finances. If you’re interested in trying new bank technology, but you’re not sure what’s available here’s an overview of some current services.
Mobile banking services allow you to access your account from anywhere using a smartphone, tablet or other device. An estimated 30 million Americans currently manage their finances using mobile devices.
Depositing checks using your smartphone or other mobile device
Mobile check deposit allows customers to take a picture of a check with their mobile phone and deposit the check electronically, without visiting a branch or using an ATM. This service is becoming popular, especially among customers who want one less errand to run. If you use mobile check deposit, then carefully keep track of the checks you deposit. For instance, you can write the date you deposited the item on the front of the paper check and hold onto it until the check has cleared and the money is in your account. Then you can destroy the check, preferably using a high-quality paper shredder.
Many mobile banking systems allow you to sign up for emails alerts like if your account balance drops below a set dollar amount. If you prefer, you can enter your mobile phone number and receive the alerts as text messages.
Click here to read the full blog post.