Regions bucks trend by charging for mobile deposits

04/7/2013 | AmericanBanker.com (free registration)

Regions Bank now offers mobile deposit capture for a fee, while many banks provide the service free. The move is in line with some bankers' calls for rethinking fee structures for new technology. "This has been an experiment worth watching because it illustrates the industry's struggles to edge away from the free-checking, free-services approach and to get customers to recognize and even put a price tag on the value of banking services," said Mark Schwanhausser of Javelin Strategy & Research.

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