mFoundry Introduces Mobile-Phone Deposit Capture Solution

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SAN FRANCISCO – mFoundry yesterday launched mDeposit Express, a standalone mobile deposit capture solution that banks and credit unions can use to provide customers with an immediate mobile deposit solution, regardless of their current mobile banking platform.

The company says mDeposit Express is the first solution that can be converted on the fly into a complete, multi-mode mobile banking solution with a direct host system or home banking integration without any disruption to the mobile deposit service.

“More than 275 financial institutions currently use mFoundry for mobile banking,” said Drew Sievers, co-founder and CEO of mFoundry. “There are many more financial institutions out there that just need mobile deposit capture today, or may be locked into a mobile banking solution that doesn't support mobile capture. With our new offering, they can deploy mobile capture today, with the option to seamlessly upgrade to mFoundry’s full mobile banking product in the future.”


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