J.P. Morgan Chase has made their Image Deposit Direct Mobile (IDD Mobile) service available to U.S. based companies using any Apple iPhone device. Android mobile devices will support this service in coming months. IDD Mobile is an extension of the traditional end-to-end check processing solution, Image Deposit Direct, an Internet-based remote capture solution for depositing paper check payments. IDD Mobile allows checks to be deposited in real time, at the point of receipt, while an employee is in the field. All IDD Mobile communications are securely encrypted using SSL encryption and potential duplicate checks are identified and decisioned directly on the device. For added security, sensitive data is not stored on any mobile device.Click here for more information.

J.P. Morgan Cash Management clients in China, India, and Vietnam now have the capability to view balance and transaction information at any time via their smartphones and tablets with multi-level security with the JPMorgan ACCESS Mobile app. The JPMorgan ACCESS Mobile platform offers a wide range of features including the ability to view multicurrency cash balances, a Quick Decision feature to project cash positioning at hand, transaction detail viewing, and alerts for JP Morgan ACCESS and third-party bank accounts. Click here for more information.

J.P. Morgan Cash Management clients in the Asia Pacific now have the ability to view balance and transaction information at any time via their smartphones and tablets. The JPMorgan ACCESS Mobile banking platform offers a wide range of features including, the ability to view multicurrency cash balances, a Quick Decision feature to project cash positioning at hand, transaction detail viewing, and alerts for JP Morgan ACCESS and third-party bank accounts. Click here for more information.

Lenders are now allowing more short sales to help underwater borrowers sell their homes as an alternative to foreclosures. USA Today reported three major lenders offering cash incentives for short sellers, JPMorgan Chase, Bank of America, and Wells Fargo. Bank of America is testing incentives from $5,000 to $25,000 in Florida to determine if the program should be expanded to more states. Click here for more information.

JPMorgan Chase announced the completion of its Electronic Bank Management (eBAM) central utility pilot. With the single multibank platform, eBAM messaging standards, and correspondent banks to manage their bank accounts electronically, multinational corporations can now easily manage thousands of bank accounts throughout the world on a daily basis. Click here for more information.

J.P. Morgan Chase launched an enhanced and redesigned web portal, Web Currency Services. Web Currency Services is replacing a previous cash portal called WebOrder. It provides a single, online solution for clients’ currency needs like online ordering and history, deposit details, cash forecasting, and vault trend reports and dashboards. It also provides improved internal controls and enhanced expense and non-earning asset management. Click here for more information.