PITTSBURGH, May 31, 2011 /PRNewswire/ -- PNC Bank, a member
of The PNC Financial Services Group, Inc. (NYSE: PNC), announced
today a new mobile banking feature that allows customers to
conveniently deposit checks using an iPhone®, iPod Touch® or iPad
2®.
"There has been unprecedented change in consumer preferences and
customers' relationship with their money," said Tom Kunz, senior vice president and director of
e-business and payments at PNC. "Mobile deposit is another
way that PNC makes it easier for customers to achieve their
financial goals with innovative products and new technology."
Mobile deposit is now available to all consumer and small
business customers of PNC Bank after its introduction to PNC
Virtual Wallet® customers in April. The new mobile deposit feature
arrives as more consumers are choosing online and mobile banking
services over traditional options. It is estimated that 40 percent
of U.S. consumers will be banking on their phones by 2012 compared
to almost none just a few years ago.
PNC's mobile deposit, which can be used by any customer with
access to PNC Online Banking and an eligible deposit account,
allows customers to make deposits anywhere at any time. The simple
three-step process takes about 90 seconds. The customer first
selects the deposit account and the amount, photographs the front
of the check and then the back. Mobile deposits made before
8:00 p.m. are typically available the
next business day.
Mobile deposit is PNC's most recent example of innovation. In
2006, PNC introduced remote deposit for business customers. Virtual
Wallet was launched along with mobile banking in 2008, followed by
Virtual Wallet Student® and a new iPhone app in 2009. In 2010, PNC
added new features to Virtual Wallet that help customers save more,
manage spending and avoid mistakes.
To view or download broadcast quality video and images related
to this announcement, visit http://pnc.thedigitalcenter.com.
The PNC Financial Services Group, Inc. (www.pnc.com) is one of
the nation's largest diversified financial services organizations
providing retail and business banking; residential mortgage
banking; specialized services for corporations and government
entities, including corporate banking, real estate finance and
asset-based lending; wealth management and asset management. Follow
@PNCNews on Twitter for breaking news, updates and announcements
from PNC.
iPhone®, iPod® and iPad® are registered
trademarks of Apple Inc.
CONTACT:
Tim Rice
(412) 762-8033
timothy.rice@pnc.com
SOURCE PNC Bank