Financial Institutions Worldwide Are Choosing Top Image Systems’ mobiFLOW to Drive Mobile Capture Adoption
TEL AVIV, Israel and PLANO, Texas, April 20, 2016 (GLOBE NEWSWIRE) -- Top Image Systems Ltd. (TISA), a global innovator of intelligent content processing solutions, announced today that the company sees continued interest from banks and financial service providers in the mobiFLOW mobile image processing platform and the applications it drives. Some recent deployments include a project at a U.S.-based digital bank, where mobiFLOW will be used to streamline the enrollment of new customers via digital capture of customer drivers’ licenses and other forms of personal identification; a pilot at a leading retail and consumer bank in Belgium where mobiFLOW will be integrated to process all documents submitted via mobile loan request applications; and a number of mobile check deposit implementations at leading UK banks.
Top Image Systems is seeing steady growth in mobile image processing through banks, credit unions and other financial and payment providers seeking to attract millennials with convenient, integrated mobile banking apps that take advantage of the mobile device’s camera for rapid, accurate and secure data capture.
The decision of the UK government in 2015 to make the digital image of a check legal tender significantly accelerated mobile check processing activity in the British financial market, driving a number of projects for TIS in cooperation with financial services partners. Additionally, the growing demand from mobile-first and mobile-only consumers has caused a broad proliferation of digital initiatives worldwide. This demand drives cases such as the use of mobiFLOW for mobile check deposit implementations in the U.K., accelerated mobile customer acquisition at a consumer bank startup in the U.S. and a pilot project where TIS has been selected to deliver mobile lending document capture capability that will be embedded in the bank’s mobile platform for maximum customer satisfaction and operational excellence.
“Mobile capture comprises an essential element of digital banking initiatives today,” comments Michael Schrader, CEO, Top Image Systems. “Thanks to our early investment in mobile image processing technologies, together with our years of experience providing banking process automation to leading banks and financial service providers around the globe, TIS continues to play a role in this important market and is incorporating our mobile technology as an integral part of our consolidated financial and banking process automation solutions going forward.”
