January 5, 2012
E*TRADE Launches Mobile Deposit for iPhone®
Customers Can Now Deposit Checks to their E*TRADE Bank or Brokerage
Accounts Any Time, Any Place — Directly from their iPhone
NEW YORK--(BUSINESS WIRE)--
E*TRADE Financial Corporation (NASDAQ: ETFC) today announced that
E*TRADE Securities LLC has introduced mobile deposit for iPhone,
enabling customers to electronically deposit checks to their brokerage
or E*TRADE Bank accounts remotely with the use of their iPhone camera.
To make a mobile deposit, eligible customers simply photograph the front
and back of a paper check with the iPhone's built-in camera, and upload
electronically via E*TRADE's mobile banking and investing application E*TRADE
Mobile Pro. The transaction is complete once the deposit amount and
selected bank or brokerage account are confirmed. After the check has
posted, and following standard
hold procedures, funds will appear in the E*TRADE account, which can
then be used to transact through etrade.com or E*TRADE Mobile Pro.
Mobile deposit transactions are secure and covered by E*TRADE's Complete
Protection Guarantee. The company plans to roll out the same
capability on Android® smartphones in early 2012.
"Investors are increasingly managing their day-to-day and long-term
financial plans via hand-held devices — and we believe our new mobile
deposit capability will be well-received by customers and prospects
given the added convenience," said Michael Curcio, President, E*TRADE
Securities. "E*TRADE is focused on delivering the tools, support and
technology that enable customers to more easily manage their money.
Mobile deposit is another step in this direction — eliminating the need
for waiting in lines, mailing in checks, or transacting through ATMs."
In addition to mobile deposit for iPhone, E*TRADE introduced a number of
new capabilities on its Mobile Pro for iPhone and Android applications,
Complex Options Trading for iPhone and Android: Get on-the-go
access to options opportunities and strategies
Streaming Charts for Android: Customizable streaming charts and
quotes let you view real-time market data in regular and extended hours
CNBC Video for Android: Access breaking news alerts and video
clips through CNBC Video on Demand
Dynamic Search for Android: Get relevant search results before
you even finish typing
To learn more about E*TRADE Mobile Pro, visit http://www.etrade.com/mobile.
About E*TRADE Financial
The E*TRADE Financial family of companies provides financial services
including online brokerage and related banking products and services to
retail investors. Specific business segments include Trading and
Investing and Balance Sheet Management. Securities products and services
are offered by E*TRADE Securities LLC (Member FINRA/SIPC). Bank products
and services are offered by E*TRADE Bank, a Federal savings bank, Member
FDIC, or its subsidiaries. More information is available at www.etrade.com.
E*TRADE Financial, E*TRADE and the E*TRADE logo are trademarks or
registered trademarks of E*TRADE Financial Corporation. ETFC-G
© 2012 E*TRADE Financial Corporation. All rights reserved.
E*TRADE Financial Media Relations Contact
Financial Investor Relations Contact
Source: E*TRADE Financial Corporation
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