Mitek Systems claims that ImageNet Mobile Deposit allows banks to accept paper check deposits from merchants and mobile professionals via camera-equipped mobile phones.
The Mobile Deposit iPhone application is available to financial institutions or mobile banking software vendors looking to add remote deposit capture to their mobile banking platform.
iPhone users can download ImageNet Mobile Deposit to their iPhone, or can access the application via a browser. To make a deposit, the user initiates a mobile banking session, keys in the deposit amount, and snaps a photo of the front and back of the check. Mobile Deposit’s image preprocessing ensures the check images meet Check 21 accepted image quality standards. Once the bank’s system receives the deposit, it sends the customer a confirmation text message, the company added.
James DeBello, president and CEO of Mitek Systems, said: iPhone users are a very tech-savvy group who understand the value of mobile banking and will benefit from the convenience to deposit checks right from their phone. Mitek has created a seamless iPhone application that financial institution or banking software vendors can quickly add to their existing mobile banking offering.
