Mr. DeBello of Mitek thinks banks ultimately will add features that allow customers to use smartphones to get a credit card or a mortgage.

WSJ: Bank Customers Make Smartphone Connection

With a strong patent portfolio, Mitek is positioned as the leading innovator in mobile imaging software and currently provides its solutions to Fortune 500 financial services companies.

ENGADGET: US Bank intros BillPay feature for iOS and Android, lets you set up bill payments with a pic

The new features "give the banks a couple of new weapons in terms of engaging the next generation of consumers, " said James DeBello, chief executive of Mitek Systems Inc.

WSJ: Bank Customers Make Smartphone Connection

U.S. Bank is using Mitek's patented Mobile Photo Bill Pay technology that automatically and securely extracts relevant information from the paper bill and populates the fields required to make a mobile payment.

ENGADGET: US Bank intros BillPay feature for iOS and Android, lets you set up bill payments with a pic

Mitek's technology increases convenience for the consumer by eliminating the need to go to the bank branch or automated teller machine, and dramatically reduces processing and customer acquisition costs while increasing customer retention.

ENGADGET: US Bank intros BillPay feature for iOS and Android, lets you set up bill payments with a pic

For more information about Mitek, visit www.miteksystems.com.

ENGADGET: US Bank intros BillPay feature for iOS and Android, lets you set up bill payments with a pic

Headquartered in San Diego, Mitek Systems (NASDAQ: MITK) is a mobile imaging software solutions provider that allows users to remotely deposit checks, pay their bills, get insurance quotes, and transfer credit card balances by snapping a picture with their camera-equipped smartphones and tablets instead of using the device keyboard.

ENGADGET: US Bank intros BillPay feature for iOS and Android, lets you set up bill payments with a pic