U.S. Bank is using Mitek's patented Mobile Photo Bill Pay technology that automatically and securely extracts relevant information from the paper bill and populates the fields required to make a mobile payment.
In his Mansion House speech tonight, the chancellor is expected to say that his aim is to "protect taxpayers in a way that does not make the UK uncompetitive as a home of global banks" (according to extracts released by the Treasury last night).