Here is something that will surely change the complexion of how people want to ensure that money transactions made via mobile are safe and secure. NCR Corporation is allowing consumers to deposit checks safely from wherever they can get reception on their data-enabled mobile phones, such as an iPhone or Blackberry.

The company today announced an agreement with Mitek Systems, Inc., an innovator of image analytics and mobile imaging software, to integrate Mitek’s ImageNet Mobile Deposit software into NCR’s APTRA Passport family of remote deposit capture solutions. Mitek and NCR will demonstrate the product offering at the BAI Remotedepositcapture.com Summit in Nashville, Tenn., April 27 and 28, 2009.

For businesses, this software will allow them to deposit checks by using their mobile phone’s camera as a scanner, capturing an image of both sides of the check and transmitting those images to their financial institution for deposit. The software is ideal for small services-based businesses, such as insurance agencies or home repair, who need to process low-volumes of checks from remote locations.

The new NCR APTRA Mobile Passport solution compliments the APTRA Commercial Passport, remote deposit capture software that allows deposits using check scanners from their businesses directly to the financial institution or via online banking web site.

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 iPhone and BlackBerry Bold. Mobile Deposit is available to financial institutions or mobile banking software vendors looking to add remote deposit capture to their mobile banking platform.

To view a video of the whole process, you can check here.

(Source) Press