Israeli capture company, Top Image Systems, has filed a patent for technology it has developed to extend its eFLOW document workflow platform to smartphones.

TIS Remote Deposit Capture (RDC) technology will be deployed in a series of new products, starting with MobiCHECK, a smartphone based application for cheque deposit using that eliminates the need for the customer to deliver the physical cheque to the bank.

MobiPAY will provide bill payment via mobile devices, and MobiCLOUD will allow a smartphone user to capture virtually any type of document, whether an expense receipt, an insurance claim, a driver’s license, a credit card, etc. and deliver it electronically via the smartphone to the needed destination, operating as a kind of mobile fax.

“We believe that Top Image Systems will have great success in the new and growing mobile RDC market;” predicts Dr. Ido Schechter, CEO, Top Image Systems.

“Analysts have indicated that it represents at a minimum a $1 billion market opportunity. A research paper published by Harvey Spencer Associates indicates that mobile capture application revenues will reach the multi-billion dollar level over the next 5-6 years. We believe that the new applications are a natural extension of our current offering, and will be highly welcomed by our current install base, as well as bring us many new customers.”