Fiserv, a developer of financial services technology solutions, has launched Mobile Source Capture, a new remote deposit capture solution that extends the convenience of remote check capture to camera-equipped mobile phones.

Mobile Source Capture is a downloadable application for camera-equipped smartphones. It allows users to take a picture of the front and back of a check and deposit the item electronically, without ever having to visit a branch, an ATM, the office or home.

Mobile Source Capture leverages Mobile Deposit technologies from Mitek Systems.

Fiserv Source Capture Solutions director Gary Brand said that customers want to be able to bank whenever and wherever they want, especially Gen Y consumers, who are tech-savvy.

“Financial institutions that offer mobile deposit capture will provide their customers with a new and convenient way to make deposits any time, day or night, without ever stepping foot in a branch. Technology that can allow customers to bank the way they want increases customer satisfaction and can attract new customers,” Brand said.