The two press releases attached hereto were issued today, by Fiserv and Bank of the West respectively.
From the Fiserv release entitled: Move Over Selfies, Bank of the West Customers Use Their Smartphone Cameras to Pay Bills With Snap-to-Pay from Fiserv
Fiserv, Inc. today announced that Bank of the West, a $71.7 billion asset bank with locations in 22 states, has added the Snap-to-Pay™ capability to its mobile banking app.... Snap-to-Pay leverages mobile imaging technology from Top Image Systems™ (TIS™), which enables mobile devices such as smartphones and tablets to accurately capture information from documents of all types and sizes.
From the Bank of the West release entitled: Bank of the West Launches Scan to Pay, One of the First, Most Accurate and Easiest Mobile Bill Payment Features in the U.S. - New App Feature Enables Users to Add a Bill in About 30 Seconds
Bank of the West announces the availability of Scan to Pay, a new bill payment feature soft launched in its mobile app in October 2014. Customers ...can now use their smartphone camera to hover over paper bill stubs to instantly capture all bill information. Through extensive testing, Bank of the West found Scan to Pay is the most accurate service of its kind with almost no image rejections.... Customer research by the bank found that customers would be more likely to pay and receive bills on their mobile phone with a quicker and simpler experience.
