ING Bank of Canada, a subsidiary of The Bank of Nova Scotia, has launched a new remote cheque deposit feature, an addition to ING Canada’s existing mobile application.

The feature, named Cheque-In, operates by taking a photograph of the cheque and depositing it immediately into their ING Direct account.

Peter Aceto, CEO, ING Direct, said: "One of our commitments to Canadians is to make banking safe, simple and convenient to fit today’s lifestyles.

"With Cheque-In, Canadians can deposit cheques quickly and securely using their smartphones, which are such a central part of our lives. This means we can now deposit a cheque as soon as we receive it, without the hassle of going to a bank branch or ABM, and our money can start earning interest right away. This is a huge step forward for consumers, banks and the payments industry."

The feature is available on all major mobile platforms including iPhone, Android and Blackberry.

Related articles:

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData

ING Direct Canada team up with IBM on digital channels

ING internet glitch changes account balances