Remote Deposit Anywhere, a new solution from Jack Henry & Associates Inc., 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.

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

According to David Foss, president of Profit Stars, a division of Jack Henry & Associates Inc., “Smartphone and tablet adoption has been more rapid than initially predicted and Remote Deposit Anywhere enables financial institutions of all asset sizes to meet the growing demand for enhanced consumer convenience which is inherent in these devices.”

Remote Deposit Anywhere 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.

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