Mitek Systems MITK
(www.miteksystems.com), a leading mobile imaging software solutions provider,
today announced that it has been issued U.S. Patent No. 8,379,914, "Systems
and Methods for Mobile Image Capture and Remittance Processing," by the U.S.
Patent and Trademark Office. The "'914" patent is related to the use of
Mitek's mobile imaging technology for the purpose of paying a bill. Mitek now
has 14 patents issued and 14 patent applications pending.
Mitek's Mobile Photo Bill Pay^™ enables a bank customer or credit union member
to easily and securely pay a bill with the snap of a smartphone or tablet
camera. After a customer takes a picture of a bill, Mitek's technology
automatically extracts relevant information from the paper bill and
auto-populates the fields required to make a mobile payment. The consumer can
then schedule the payment and click "pay." This revolutionary new way to pay
bills eliminates the need for manual data entry, a checkbook or even a
computer. The technology is built on advances in Mitek's successful Mobile
Deposit^®, currently used by millions of customers of the nation's top banks.
To-date, a number of financial institutions have signed agreements to offer
Mitek's Mobile Photo Bill Pay solution, including U.S. Bank and First
Financial Bank of Abilene, Texas, who launched the service to their customers
in January 2013.
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