ING DIRECT Launches Remote Cheque Deposit

                  ING DIRECT Launches Remote Cheque Deposit

PR Newswire

TORONTO, June 17, 2013

Cheque-In ^ TM now available on all major platforms including Apple^®,
BlackBerry^®, Android^® and Windows^®

TORONTO, June 17, 2013 /PRNewswire/ - Banking at ING DIRECT just got more
simple and convenient. Beginning today, clients can deposit cheques into their
accounts remotely using Cheque-In™, a new feature of the bank's existing
mobile app. Cheque-In allows clients to take a picture of their cheque using
their mobile device and have it deposited immediately into their ING DIRECT
account. The feature is the first available on all major platforms, including
Apple iPhone^®, iPad^®, iPod^®, Android^TM Phone, Android^TM Tablet,
BlackBerry^® Mobile devices with BB10 OS, and tablets running Windows^® 8.

"One of our commitments to Canadians is to make banking safe, simple and
convenient to fit today's lifestyles," said Peter Aceto, president and CEO at
ING DIRECT. "With Cheque-In, Canadians can deposit cheques quickly and
securely using their smartphones, which are such a central part of our lives.
This means we can now deposit a cheque as soon as we receive it, without the
hassle of going to a bank branch or ABM, and our money can start earning
interest right away. This is a huge step forward for consumers, banks and the
payments industry."

According to the Canadian Payments Association (CPA), Canadian businesses and
consumers write close to four million cheques on average every business day.
Each cheque is physically handled multiple times as it moves throughout the
clearing and settlement system.

"Modernizing Canada's payments system is a key focus for the Canadian Payments
Association," said Gerry Gaetz, the CPA's CEO. "We are facilitating the use of
image technology to make the cheque clearing process more efficient. Using the
CPA's comprehensive legal and operational framework for imaging, Canadian
financial institutions can now develop and offer new image-based products and
services, such as remote deposit capture, to their customers," added Mr.

The U.S. began clearing cheques electronically in 2004. According to the U.S.
Federal Reserve, practically all of the 25 billion cheques deposited in the
U.S. each year are now cleared electronically. In 2010, electronic collection
and presentment of cheques resulted in annual savings of approximately three
billion dollars for financial institutions, businesses and consumers in the

The practicality of remote deposit capture is what makes it so appealing for
consumers and banks alike. The technology used by ING DIRECT, developed in
Waterloo, Ontario in part by NCR Corporation, meets the needs of banks looking
to modernize operations and services, as well as consumers who are looking for
choice and flexibility.

"Remote deposit capture is one of those rare opportunities that simultaneously
deliver an improved customer experience, increased convenience and
productivity improvements to the Canadian economy," said Steve Nogalo, vice
president and general manager of Payments and Multichannel, NCR Corporation.
"For ING DIRECT's clients, Cheque-In is a clear win. They will be able to make
their deposits from the comfort of their own home or while on the run. ING
DIRECT's implementation of NCR's mobile RDC solution is an important step
forward for Canadians."

Charaka Kithulegoda, CIO at ING DIRECT is excited that this technology is
finally available for Canadians. "With remote deposit capture, clients can
deposit cheques securely and easily, when and where it makes sense for them.
It's a fantastic example of how mobile banking is changing our lives, and it
offers a glimpse of what's on the horizon."

To use Cheque-In, clients need to log in to the ING DIRECT mobile app on their
mobile device and take a picture of both the front and back of their cheque.
The client will then select which account (THRiVE Chequing^TM or Investment
Savings Account) they would like to deposit the funds to, and enter the full
amount written on the cheque before confirming the deposit. The funds are
immediately deposited into the client's account, and are subject to the
client's normal hold policy limits.

A recent survey by ING DIRECT found that over half of Canadians (55%) deposit
at least one cheque per month to their bank account, either by depositing it
in an ABM (71%), bringing it to a branch (41%) or mailing it to their bank
(1%). Over a third of Canadians (38%) are open to doing more traditional
banking functions using their smartphone; this number jumps to 57% when
looking at 18 - 34 year olds exclusively.

™THRIVE Chequing and Cheque-In are trademarks of ING Bank of Canada
™Android is a trademark of Google Inc.
iPhone®, iPad®, iPod® are trademarks of Apple Inc.
BlackBerry® is a trademark of BlackBerry
Windows® is a trademark of Microsoft Corp.
NCR is a trademark of NCR Corporation in the United States and other countries

ING Bank of Canada, operating under the trade name of ING DIRECT, is a wholly
owned subsidiary of The Bank of Nova Scotia. INGDIRECT is Canada's leading
direct bank with over 1.8 million Clients and close to $40 billion in total
assets. INGDIRECT is a bright way forward in everyday banking for Canadians,
offering value added, simple products such as high interest savings accounts,
including TFSAs, GICs and RSPs with no fees or service charges, mutual funds,
low rates on mortgages and a no-fee, daily chequing account that actually pays
interest. INGDIRECT has been operating in Canada since 1997, and has paid
nearly $6 billion in interest to Clients. INGDIRECT is open for banking 24
hours a day, 7 days a week, at, on mobile devices at or by calling 1-800INGDIRECT (1-800-464-3473).

ING Bank of Canada and its subsidiaries have been acquired by The Bank of Nova
Scotia and are no longer affiliated with ING Groep N.V. The trademarks ING,
ING DIRECT, ING Lion, the ING Lion logo and any derivation, variation,
translation or adaptation thereof are trademarks of ING Groep N.V. and are
used under license.

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About the Survey 
On June 19, 2012, an online survey was conducted among 1,000 randomly selected
Canadian adults who are Angus Reid Forum panelists. The margin of error—which
measures sampling variability—is +/- 3.1%, 19 times out of 20. The results
have been statistically weighted according to the most current education, age,
gender and region (and language in Quebec). Census data to ensure a sample
representative of the entire adult population of Canada. Discrepancies in or
between totals are due to rounding.

About the Canadian Payments Association
The reliable, secure and efficient exchange of payments is critical to the
economy. The Canadian Payments Association operates national infrastructure
essential to the movement of hundreds of billions of dollars across the
country each day. We lead our member financial institutions, businesses,
government and the public in establishing the rules of the payments highway.
The CPA's current membership comprises virtually all of Canada's bank and
non-bank deposit-taking financial institutions. In 2012, the CPA cleared and
settled over 6.5 billion payment items representing $44 trillion in

About NCR Corporation
NCR Corporation (NYSE: NCR) is the global leader in consumer transaction
technologies, turning everyday interactions with businesses into exceptional
experiences. With its software, hardware, and portfolio of services, NCR
enables more than 300 million transactions daily across the retail, financial,
travel, hospitality, telecom and technology industries. NCR solutions run the
everyday transactions that make your life easier.

NCR is headquartered in  Duluth, Georgia with over  26,000 employees and  does 
business in 180 countries. NCR is a trademark of NCR Corporation in the United
States and other countries.

Web site:
Twitter: @NCRCorporation



For more information or to arrange an interview, contact:

Lisa Naccarato

Geoffroi Montpetit
Canadian Payments Association

Jeff Dudash
NCR Corporation
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