Imagenet mobile deposit allows consumers to make mobile payments and deposit checks remotely without having to visit their local bank. Instead, consumers can perform these tasks using their mobile phones. and it it claims to be the first mobile banking software that turns paper checks into a format acceptable by banks through the use of mobile phone cameras.
ImageNet Mobile Deposit is compatible with most camera-equipped mobile phones and mobile platforms, including Microsoft (NSDQ: MSFT) .NET and J2ME. Mitek recommends phones with two megapixel cameras and higher for the best quality. But it won’t work on BlackBerry smartphones or Apple’s iPhone yet.
the application to go commercial in the second quarter of this year. Banks, wireless carriers, or mobile banking platform providers can offer it to mobile users as a standalone product or as a bundled service
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