Barclays Bank is rolling out its mobile cheque imaging service to a further 1 million customers, allowing them to process their cheques via their smartphone instead of taking them to their nearest branch. The technology allows users to take a photo of the cheque using their mobile phone’s camera, which is then used by the…
The Dutch National Bank (DNB) has released an app which can be used to identify if a euro banknote is genuine or counterfeit. The app, which can be used on the iPhone 5 or higher, uses the device’s camera to scan the banknote and, the DNB claims, in many cases can identify straightaway whether the…
Instead of visiting your local bank branch, you will soon be able to pay in cheques by taking a photo of it and sending it electronically using, for example, your smartphone. The UK government has said that the new proposed system, piloted by Barclays, was received positively during consultation and will now be included in planned…