USAA Launches Mobile Banking App for Android
USAA introduced Mobile App for Android, enabling its 1.2
million members to deposit checks using smartphones that run the Google Android
first introduced its Deposit@Mobile feature for the iPhone in May 2009, and
since then - using the USAA software and the iPhone's camera
to snap a photo of the check to be deposited - its members have routed more
than $300 million without the need to visit a bank.
"The popularity of USAA's mobile platform
clearly demonstrates that USAA members are comfortable using this technology
and welcome the convenience it offers," said Jeff Dennes, USAA's
executive director of mobile technology, in a Jan. 23 statement. "With
this expansion to Android-supported mobile phones, going to the bank to deposit
a check soon may be as antiquated as black-and-white TVs."
USAA's 7.3 million members are military members and
their families, who tend to move often or be deployed to remote areas, and so
value the ability to bank over a mobile platform. The banking company and
insurer says that 1.2 million of its members - a number higher than
the industry standard - use USAA's mobile solutions for their
In 2006, USAA first began enabling customers to perform
mobile banking by scanning their checks with a home scanner. In August, Dennes
said the company - which develops the software in-house
- was additionally
working on applications for use with Palm and BlackBerry devices, as well as
those running Windows operating systems.
"These tools are being developed by people who
understand our culture of service and the unique needs of our customer
base," said Dennes.
As of November, Android
phones represented 13 percent of those in use, according to AdMob, which
measures ad requests, not sales. Holidays sales, however, as well more recently
introduced devices such as the Motorola Droid and the Google Nexus One, are
certain to have driven that percentage upward.
A January survey of Appcelerator's developer clients showed Android to be the number-two platform its developers were most interested in designing for. The greatest focus of their interest is the iPhone, and the anticipated Apple tablet ranked third.