41–50 of 607 posts
Earlier quoted context omitted.
You can deposit checks via the app pretty easily.
The last time I've used a check was close to thirty years ago. I assume ahartmetz's experience is similar. Many countries have functioning giro systems. The U.S. is just an outlier.
Earlier quoted context omitted.
Sounds like someone forgetting that for a large number of people, their mobile device is their only computer.
I know this is true, but for serious tasks, I need the screen real estate. I'm amazed at what some people can do from a phone, but also wonder if they're missing things, of if it's actually inefficient.
Earlier quoted context omitted.
You can deposit checks via the app pretty easily.
I'm in Europe where the situation is different: checks haven't been used in appreciable numbers for 30 years or so. It's all online or paper transfer orders. If you get a pre-filled paper transfer order, you can type (or scan and OCR I suppose) the same data into the online form.
What about manufacturer rebates?
TFA reasonably reduces to: First, ATMs increased the demand for bank branches, which more than made up for the decrease in tellers per branch. Second, mobile banking decreased the demand for physical branches.
I mean, there is definitely a turndown period in labour force when a new tech is introduced, but it will defintely produce more jobs tho, as an evolution of human history. <3
I do not get what's special about banking apps as opposed to online banking. I've been doing online banking in the browser on a PC since before apps and I'm still doing it because dealing with data on a phone is painful compared to a PC. Is an app really that much easier to use?
How do you scan a check on your PC? Generally yes the apps tend to be easier to use for most things, especially with a high-speed internet connection. Customers prefer them, banks build them since customers prefer them.
Earlier quoted context omitted.
I'm in Europe where the situation is different: checks haven't been used in appreciable numbers for 30 years or so. It's all online or paper transfer orders. If you get a pre-filled paper transfer order, you can type (or scan and OCR I suppose) the same data into the online form.
Your grandma doesn't give you a $10 check for your birthday in Europe? What about manufacturer rebates?
I do not get what's special about banking apps as opposed to online banking. I've been doing online banking in the browser on a PC since before apps and I'm still doing it because dealing with data on a phone is painful compared to a PC. Is an app really that much easier to use?
Also since you are already using 2FA, you are already on the phone so might as well do basic operations there.
I can also look at transactions in my bed before going to bed so that is nice.
If I need to look at a support ticket or look at transactions more deeply, i still use the desktop approach.
I do not get what's special about banking apps as opposed to online banking. I've been doing online banking in the browser on a PC since before apps and I'm still doing it because dealing with data on a phone is painful compared to a PC. Is an app really that much easier to use?
Sounds like someone forgetting that for a large number of people, their mobile device is their only computer.
I do not get what's special about banking apps as opposed to online banking. I've been doing online banking in the browser on a PC since before apps and I'm still doing it because dealing with data on a phone is painful compared to a PC. Is an app really that much easier to use?
On the premium end of banking, where users generally aren't stressed about money, offering an app is more about catering to however the user prefers to interact.