NEWS FROM THE LAB - Monday, October 11, 2010

PayPal 2.7 for iOS: Catch Me If You Can Posted by Sean @ 13:25 GMT

More and more banking services are being outsourced to mobile devices. Example: PayPal version 2.7 for iOS now includes a check capture feature that lets you snap a photo of a check for deposit in your PayPal account.

iTunes, PayPal 2.7

For our European readers, yes, many Americans still use checks. Hopefully there isn't a 21st century version of Frank Abagnale just waiting to take advantage of this new feature.

You can read more about PayPal's mobile (iPhone/Android/BlackBerry) applications here.