NEW YORK (AP) -- In the near future, you might not even have to visit a bank or an ATM to deposit a check. You'll simply snap a couple of photos of it with your cell phone.
Applications to do just that are already available for Apple's iPhone and other gadgets from USAA, a company that provides insurance and banking mainly for military veterans. Chase, Bank of America and Citibank are among the banks planning to release similar applications this year.
The technology, known as remote deposit capture, adds a new wrinkle to concerns about fraud and the privacy of financial data. But the banks and technology companies helping them say they have largely overcome these concerns.
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