Chase today announced a strategic agreement with Mitek Systems, Inc.
(OTC: MITK.OB), a developer of advanced-image analytics and
mobile-document-capture applications, to develop a suite of innovative
image-capture solutions across multiple smartphone operating systems.
The agreement enables Chase to build on the success of its award-winning
QuickDeposit feature by deploying Mitek’s mobile-banking and advanced
image-capture and analytics products across a variety of smartphone
operating systems. QuickDeposit allows customers to deposit checks
anytime and anywhere with a click of their mobile phone camera.
“Customers demand an efficient and reliable mobile-banking experience
from Chase,” said Jack Stephenson, managing director of Mobile,
Ecommerce and Payments, JPMorgan Chase. “Mitek’s Mobile Deposit®
product helps us deliver on that promise by making mobile check
depositing convenient and quick, across a variety of platforms.”
Mitek President and CEO James B. DeBello said: “At Mitek, we enhance the
consumer’s mobile-payment experience with advanced capabilities for
depositing checks and paying bills that are accurate, secure and easy to
use. We are proud to partner with Chase for the use of our patented
In addition to its QuickDeposit feature, Chase provides consumers with
industry-leading mobile banking services, including:
Award-winning Chase mobile banking applications for iPhone and Android
Text Banking: allows customers to request from any mobile phone and
receive within seconds their account balances and transaction history
on checking, savings, credit card, mortgage and home equity accounts.
Instant Action Alerts: text messages are sent the moment a checking
account balance falls below a pre-selected amount; the customer can
then instantly transfer funds through a text-message reply.
Chase QuickPay® feature is now available for iPhone users, allowing
them to send money to and receive funds from virtually anyone
who has signed up for the service with an e-mail address.
Mobile Chase.com website, offering standard services for all mobile
About Mitek Systems
For more than 20 years, Mitek Systems (OTC: MITK.OB) has provided
financial institutions with advanced imaging and analytics software to
authenticate and extract data from imaged checks and other financial
documents. Mitek’s patented technology is currently used by all leading
financial organizations in the United States to process more than 10
billion items per year. Today, Mitek is applying its patented technology
and extensive expertise in image correction, optical character
recognition and intelligent data extraction to mobile devices. Using
Mitek Mobile Apps, smart phone users can now deposit checks, pay bills,
save receipts and fax documents while on the road or sitting at a desk
-- eliminating trips to the bank, Post Office and file cabinet. For more
information, contact Mitek at 858-503-7810, or visit www.miteksystems.com.
Chase is the U.S. consumer and commercial banking business of JPMorgan
Chase & Co. (NYSE: JPM), a leading global financial services firm with
assets of $2.1 trillion and operations in more than 60 countries. Chase
serves consumers and small businesses through 5,200 bank branches,
16,000 ATMs, mortgage offices, and online and mobile banking as well as
through relationships with auto dealerships and schools and
universities. Chase also has 90 million credit cards issued. More
information about Chase is available at www.chase.com.