Bell State Bank & Trust expanded into new markets and increased mobile banking adoption with Mobile Source Capture™ from Fiserv.
After introducing Mobile Source Capture from Fiserv to its customers, Bell State Bank & Trust watched the number of mobile deposits grow from hundreds to thousands in the first month.
Bell State Bank & Trust’s challenge was twofold: expand into a new city with no ATM presence and limited branches, and offer a new product to keep the bank ahead of the market.
Mobile Source Capture helped the bank strategize both challenges. New and current customers can deposit checks from anywhere with a smartphone, and Bell State Bank & Trust offered a new product that boosts Mobiliti user activity and drives mobile deposit growth.
After implementing Mobile Source Capture, the bank:
- Boosted mobile deposits from hundreds to thousands in the first month
- Attracted new customers, aiding successful expansion in a new market
- Reduced risk with the duplicate deposit feature available in a single source capture platform
- Maintained market position over its competition