PNC steps up m-banking strategy

PNC Bank has unveiled a new mobile banking feature that allows customers to deposit cheques using an iPhone, iPod Touch or iPad 2.

"There has been unprecedented change in consumer preferences and customers' relationship with their money," says Tom Kunz, senior vice president and director of e-business and payments at PNC. "Mobile deposit is another way that we make it easier for customers to achieve their financial goals with innovative products and new technology."

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, the bank added new features to Virtual Wallet which help customers save more, manage spending and avoid mistakes.

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