Chapter 3.2 E-business{0}
The article I found is called Depositing Checks, Right From Your Phone by Sam Grobart. The article was published online on September 13, 2010. The article talks about some technological changes have a small impact on everyday things we do and others have changes that impacts us in a completely. The article goes into detail about the iphone and the Chase Bank application that lets customers’ deposit checks by using their phone. Sam Grobart talks about the simplicity of using the application by taking a picture of check from the front and back of the check. But how is the check processed? When the picture is taken, it is sent to Chase’s computer systems in which it uses optical-character recognition software to read the checks value, routing number, and account number. After that you get an email in which Chase confirms the deposit. Chase only allows $1000 to $3000 dollars deposited per week. This new application using your phone gives the busy person in life to forget about waiting in lines at banks. Chase was not the first bank to issue deposit application, USAA was the first to have it and Bank of American is working on having a application of their own.
I found this article to relate to section 3.2 of the textbook on New Trends in eBusiness: Government and m-commerce. This article relates to m-commerce because it gives the user the ability to use a wireless internet device to not only purchase goods but to use services through wireless internet connectivity. M-commerce is becoming to be a new e-business model in which users are able to purchase goods, be on social networks, and get services from your bank all in your iphone, blackberry or whatever phone you use. More and more businesses will focus their attention providing more services to internet mobile devices.
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