Mitek application to let iPhone make check deposits

View this article at: http://www.macnn.com/articles/08/10/01/imagenet.mobile.iphone/

Wednesday, Oct 01, 2008 3:00pm

Mitek application to let iPhone make check deposits

Mitek has announced that its ImageNet Mobile Deposit application (site down at press time) will be coming to the iPhone. The software is a mobile banking tool which allows banks to accept paper check deposits from users with camera-equipped mobile phones. To make a deposit, a user must open the application, type the deposit amount, and snap a photo of the front and back of the check.

The app then runs a few tests on the pictures to make sure they meet Check 21 image quality standards. Once the bank's system receives the deposit, it sends the customer a confirmation text message. No official release date has been published for the iPhone app, nor has a list of banks that will support it.