NCR and Mitek have teamed up to allow consumers and businesses to deposit checks from wherever they can get reception on data-enabled mobile phones, including iPhones and Blackberrys.
The agreement will combine Mitek’s mix of image analytics and mobile imaging software with NCR’s APPTRA Passport suite of remote deposit capture products.
The combined solution will allow banks to provide faster access to funds while migrating all images and data into NCR ImageMark Transaction Manager’s single processing platform. That will provide data validation, balancing and exceptions processing, and access to NCR’s SaaS Passport and other bank end validation systems.
“Customers want more ways to engage with financial institutions,” says Marnie Throp, solutions marketing manager for payments for NCR, who says more advanced transactional functionality will eventually be part of the combined mobile banking package. “Mobile gives banks one more outpost that puts them that much closer to their customers.”
Throp says there’s no current deployment, though a pilot is in the works. NCR hopes to find demand partly from banks looking to offer flexible transaction channel capabilities to small business clients. These businesses will be allowed to deposit checks by using their mobile phone’s camera as a scanner, capturing an image of both sides of the check and transmitting that image to a financial institution for deposit.