Imagine being able to use an ordinary cell phone to photographs a check. Then without doing anything more complex than sending the photo via software loaded to your phone (Most phones with at least a 2 megapixel cameral including iPhone and BlackBerry Bold will be supported ) that check is deposited right to your bank account.

There’s no waiting in line. No more embarrasment of producing that driver’s license photo that makes you look like a crazed maniac.

NCR is the company behind this technology. They’ve partnered with Mitek system to create this mobile solution that’s perfect for anyone needing to directly deposit small numbers of checks.

“NCR selected the Mobile Deposit product to extend the number of deposit choices our
customers can use with our self service suite of remote capture solutions,” said Michael O’Laughlin, vice president and general manager, NCR Financial Services Solutions. “Mitek
Systems application will provide the first mobile phone deposit option for our customers, which is a strategic benefit to banks who are looking to attract young consumers and small
business owners who conduct much of their business on the road.”
Mitek Systems ImageNet Mobile Deposit is the first and only application that allows banks to
accept check deposits from merchants and mobile professionals via camera-equipped cell phones. Mobile Deposit is easily downloaded to most mobile phones equipped with a two-
megapixel camera including the Apple iPhoneTM and BlackBerry BoldTM. Mobile Deposit is available to financial institutions or mobile banking software vendors looking to add remote
deposit capture to their mobile banking platform.

via: Mitek Systems via Gizmodo