TEL AVIV, Israel, Sept. 11, 2013 (GLOBE NEWSWIRE) -- Top Image Systems Ltd. (Nasdaq:TISA), a leading ECM (Enterprise Content Management) and BPM (Business Process Management) and mobile image processing solutions provider,announces that the Company was included as a sample vendor in the Mobile Commercial Remote Deposit Capture and Mobile Consumer Remote deposit categories listed in the "Hype Cycle for Digital Banking, 2013" by Alistair Newton published on July 31 st, 2013 by Gartner, Inc.. Top Image Systems develops and markets a broad portfolio of mobile content processing solutions, including MobiCHECK for mobile remote deposit capture, MobiPAY for bill payment via mobile devices and the MobiFLOW platform for capture, recognition and processing of structured and unstructured data in files of virtually any size and format. Top Image Systems' mobile content processing solutions are fully integrated with its industry-leading eFLOW® multichannel intelligent content capture, workflow and delivery platform.
Hype cycles are graphical representations of the relative maturity of technologies, IT methodologies and management disciplines. The Hype Cycle for Digital Banking 2013 concludes that in an increasingly digital world, financial services institutions must keep a clear focus on those technologies and associated strategies that can best address digitalization's opportunities and disruptions to existing approaches in order to retain and attract customers. Gartner sees huge opportunity for growth and innovation in the digital banking space through 2013 and beyond. In this hype cycle, one technology stands out as having accelerated significantly along the Hype Cycle through 2012 and early 2013: mobile consumer remote deposit.
With the increase in usage of smartphones and tablets as capture devices, customer interest in and deployment of mobile image processing solutions is growing. Mobile RDC reduces banks' operational costs while serving as an entry point for consumers to use other more complex mobile retail banking transactions.