Live Oak Bancshares has deployed Ensenta’s Multi-Check API for Business Mobile to deliver seamless multi-check remote deposit capture (RDC) capabilities to its small business clients.
Headquartered in Wilmington, North Carolina, Live Oak Bank is the first financial institution to integrate Ensenta’s business multi-check mobile API.
So far, small businesses were depending on single-cheque mRDC, a desktop scanner or visiting the branch to deposit checks. Now, using Live Oak’s mobile banking app, small businesses can deposit multiple cheques using a mobile phone or tablet connected to Ensenta’s multi-check mobile API.
Live Oak director of deposits Mark Moroz said: “We understand the needs of small businesses and strive to provide a banking environment that gives our customers the tools they need to grow and succeed.
“Through our partnership with Ensenta, we make it easier than ever to deposit multiple checks at once through a convenient mobile experience. This kind of real-time innovation brings technology and efficiency to our customers’ fingertips.”
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By GlobalData