IDD Mobile enables U.S.-based companies to make check deposits using any Apple iPhone® device, eliminating the need to visit a branch.

IDD Mobile is an extension to the traditional end-to-end check processing solution Image Deposit Direct, an Internet-based remote capture solution for depositing paper check payments. IDD Mobile allows checks to be deposited in real time, at the point of receipt, while an employee is in the field. The application is well suited for clients with sales forces that collect checks from merchants, replacing the need for employees to make an additional trip to a banking center to make a physical deposit or to a centralized office location for checks to be scanned for deposit.

"J.P. Morgan is committed to offering clients the use of technology to extend the electronification of payment processing," said Joe Hussey, Executive Director, J.P. Morgan Treasury Services. "IDD Mobile allows clients to deposit checks anytime, anywhere, conveniently, easily and safely. This new point of deposit for checks is the ideal complement to the check imaging solutions clients are already using and will deliver an increased level of efficiency when collecting payments and processing checks."

Pilot clients began using IDD Mobile in December 2011. Among them is Ben E. Keith Company, the third largest beer distributor in the U.S. and operator of a fleet of more than 330 delivery trucks servicing retailers. The company's drivers are responsible for the safe and timely deposit of check payments from customers.

"IDD Mobile has been a great tool for us, delivering the real-time check processing capabilities we were looking for," said Marilyn Jones, Director of Process Improvement at Ben E. Keith Company. "IDD Mobile provides deposit flexibility for check imaging and has sped up payments processing, providing improved efficiency for our drivers in the field. They no longer have to make stops throughout the day to deposit checks and we now have quicker access to funds."