Banks are gravitating toward a new technology they think can help customers more easily open mobile accounts: allowing customers to photograph their driver's license from their smartphone to help them auto-fill portions of their application.
Equifax and Zoot unveiled a product Monday called MobilityPlus designed to promote this time- and effort- saving technology and remove a key reason why customers abandon trying to open an account — the hassle of filling in all their data on a small screen.
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