Remote deposit capture can use mobile, tablet or flatbed scanner.

• Position: This application service provider (ASP

A NEW REMOTE DEPOSIT SERVICE enables financial institutions to offer retail and small-business customers the option to deposit checks from a compatible smartphone, camera-enabled tablet device, or flatbed scanner.

This application service provider (ASP) service is called Remote Deposit Anywhere and is offered by ProfitStars, a division of John Henry & Associates Inc., Monett, Mo. The service is part of ProfitStars' Enterprise Payment Solutions platform.

The company says that the service will help banks retain and attract new customers by expanding the available deposit channels. It will also drive operational efficiencies for the institutions, including reduced labor and operating costs, according to the company. The hosted technology features end-to-end security and accuracy and compliance services that will be maintained and updated with changing regulations, the company says.

According to David Foss, president of ProfitStars, smartphone and tablet adoption has been more rapid than initially predicted and the company's service enables financial institutions of all asset sizes to meet the growing demand for enhanced consumer convenience. "It offers small companies and on-the-go individuals the ability to scan deposits from any location with a variety of devices while enhancing the efficiency and performance of financial institutions."

The company says that the service can complement financial institutions' existing enterprise payment solutions platform or it can be implemented as a stand-alone solution. It can be customized based on business-sized and personal-sized checks, velocity preferences, and limits for mobile-based transactions and traditional deposits, the company adds.

ProfitStars has a Remote Deposit Capture Knowledge Center available online at...