Gizmodo recently posted an interesting article saying that USAA, a privately held bank/insurance company, is allowing iPhone customers to deposit checks into their account via an App Store application. The USAA application is scheduled to have it’s first update this week. The update will add a new Check Deposit feature. The feature will allow customers to take a picture of both the front and the back of the check (with the iPhone’s built-in camera) and have the check automatically deposited into their bank account. [Read more…]