SAN DIEGO, Jan. 31, 2013 (GLOBE NEWSWIRE) -- Mitek Systems (Nasdaq:MITK) ( www.miteksystems.com ), a leading mobile imaging software solutions provider and the pioneer of Mobile Deposit ® technology, and Allied Payment Network ( www.AlliedPayment.com ) today announced a partnership that delivers the next generation of mobile bill payment with Mitek's Mobile Photo Bill Pay ™.
Using Mitek's innovative Mobile Photo Bill Pay technology, bank and credit union customers can make payments directly from their camera-enabled smartphone or tablet by snapping a picture of any bill. This "snap to pay" functionality is the first of its kind in the industry. Allied Payment Network was the first bill pay processor to leverage Mitek's Mobile Photo Bill Pay technology when they unveiled their Picture Pay ™ solution in November 2012.
"With Mitek's Mobile Photo Bill Pay, Allied Payment Network enables regional and community banks and credit unions to offer their customers the ability to pay their bills with the snap of a picture," said Michael E. Diamond, senior vice president, business development for Mitek. "Our partnership with Allied extends our reach to deliver Mobile Photo Bill Pay to financial institutions of all sizes.""The future of banking is here through Picture Pay, powered by Mitek's innovative Mobile Photo Bill Pay technology," commented Allied President Ralph Marcuccilli. "Picture Pay is available through Malauzai Software (Austin, TX, www.malauzai.com ) and a growing number of mobile banking vendors and provides banks with a simple, easy to use bill pay tool. Giving customers the ability to pay a bill in seconds from a mobile device is critical to attracting and retaining the rapidly growing market of mobile customers." Jeff Casey, Senior Vice President at First Financial Bank, N.A., Abilene, Texas, embraces the simplicity of the technology for its customers: "Anywhere. Anytime. Picture Pay takes away the inconvenient, time-consuming reality of paying bills online or with a checkbook, and replaces it with a quick, easy snap of a picture. Industry trends predict over one billion mobile banking users in the next few years, and we see the camera as a key to mobile banking success."
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV