Charles Schwab expanded its mobile services by allowing Schwab Bank and brokerage clients to deposit checks remotely through their iPad cameras. Users simply select which account they’d like to deposit into, input the deposit amount and use the iPad camera to take photos of the front and back of the endorsed check. Business Wire also reports that mobile app users can now take advantage of extended-hours trading and the ability to view balances and activities of more accounts.
Charles Schwab first launched its iPad and iPhone apps two years ago, with an Android app following soon afterward. These new features broaden the ever-increasing scope of mobile banking, making the flow of money all the more fluid and convenient.