SAN DIEGO, Calif. (1/30/08)--Consumers soon can make mobile payments and deposit checks remotely with their cell phone cameras by using new software by Mitek Systems. The software, ImageNet Mobile Deposit, will go commercial in the second quarter of this year, according to Mitek CEO James DeBello. Mobile banking users will download ImageNet Mobile Deposit on their cell phones and then initiate a mobile banking session. After they key in the deposit amount, they photograph the check using the phone’s camera. The software uses the images to extract the check’s courtesy or numerical amount, and the legally written amount and then transmits the information to the financial institution. To protect users against fraud, Mitek has deployed three layers of security, DeBello said. The first requires users to enter a personal identification number to log in. The second encrypts locally stored data, and the third validates the identity of a web site to create an encrypted connection for sending personal data. ImageNet Mobile Deposit uses the payment industry’s standards for remote check deposit. Several wireless carriers nationwide have adopted similar mobile banking solutions through Verizon Wireless. America First CU, Ogden, Utah, is participating in the program.