MEMPHIS, Tenn., Sept. 28, 2011 (GLOBE NEWSWIRE) -- Customers can now deposit checks into their First Tennessee accounts by taking photos of the checks on their iPhones.
A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=10686
First Tennessee is the first Tennessee-based bank and among the first in the nation to offer the service. With mobile deposit, customers can take photos of checks using their iPhones and send the images electronically to First Tennessee for deposit. This gives customers convenience with the ability to deposit checks from anywhere at any time and additional security since customers will no longer need to carry checks until they can visit the bank in person.
"We are excited to now enable our customers to make deposits anytime and anywhere their iPhone has data access," said Dan Marks, chief marketing officer for First Tennessee. "With mobile deposit, we are able to accommodate our customers' fast-paced lifestyles and provide added convenience and security."
First Tennessee has a history of being on the forefront of technological advances in the financial industry. The company pioneered the Visa payroll card, one of BusinessWeek magazine's Best Products of 2001. First Tennessee was also a pioneer of remote deposit capture, which allows businesses to deposit checks by scanning them rather than physically delivering them to the bank. And for the past two years First Tennessee's parent company has been named to the Information Week 500, a ranking of the country's most innovative users of technology.
Mobile deposit is available to eligible iPhone users enrolled in mobile banking, and First Tennessee is developing mobile deposit for other smartphones. For details and full eligibility information, customers can visit www.ftb.com/mobiledeposit.
To view a video news release, click here. For a broadcast quality version, please contact Jack Bradley at (901)523-4813.
About First Tennessee
First Tennessee is part of the First Horizon National Corp. (NYSE:FHN) family of companies. The 4,800 employees of First Horizon provide financial services through almost 180 First Tennessee Bank locations in and around Tennessee and 18 FTN Financial Group offices in the U.S. and abroad. First Tennessee has the leading combined market deposit share in the counties where it does business and one of the highest customer retention rates of any bank in the country. FTN Financial is a capital markets industry leader in fixed income sales, trading and strategies for institutional clients in the U.S. and abroad. FHN has been recognized as one of the nation's best employers by AARP and Working Mother magazines. More information is available at www.fhnc.com.
The photo is also available at Newscom, www.newscom.com, and via AP Photo Express.
FHN-G
