Xerox develops new technology to transmit financial data through smartphones

US-based Xerox has developed a new secure imaging technology that allows customers to transmit their financial data including loan, credit card applications or other financial documents through their iPhones, iPads and Android phones.

US-based Xerox has developed a new secure imaging technology that allows customers to transmit their financial data including loan, credit card applications or other financial documents through their iPhones, iPads and Android phones.

The new app works alongside Safe Courier to make it possible for users to securely submit paperwork on the spot by taking high quality photos of multiple documents automatically.

Safe Courier ensures that the documents are kept private and safe by sending them over secure transmission channels.

Xerox Financial Services Group chief innovation officer, Mark Johnston, said even with today’s rise of mobile banking applications, the most common ways consumers provide documents containing sensitive information to their financial institutions is via a fax machine, scan to email, or express delivery.

"Safe Courier provides a secure alternative to those options while offering customers greater mobile convenience," Johnston added.