The engagement with CheckAlt has been set up to offer TIS' Mobile Capture solutions, and primarily MobiCHECK, the TIS remote check deposit system, to financial institutions and their customers in the US.

TIS applies its deep technological knowledge in the area of ECM, parsing and processing content to the expanding range of smart mobile user devices. Today, the company provides solutions for capturing and processing content using smartphones and tablets. TIS recently announced the opening of its North American Headquarters in New York City to be closer to its client base and expand its US operations.

Commenting on the new partnership, Omri Gelb, EVP and GM of TIS North America, remarked, "In 2012, Top Image's focus is on generating new business with our mobile solutions for banking and financial institutions in the US and Canada. Our relationship with CheckAlt is consistent with our strategy to significantly augment the company's US business. We are very pleased to have passed CheckAlt's rigorous testing and to demonstrate our ability to deploy in record time."

"We have seen a significant increase in demand for mobile and e-check processing solutions in the US market, with an emphasis on remote deposit from mobile devices," commented Shai Stern, CEO and Co-Chairman at CheckAlt. "In order to meet this demand, we have partnered with Top Image Systems. Their unique solution, which includes recognition and processing capabilities on the mobile devices themselves, will provide us and our customers with a valuable differentiator. We were pleasantly surprised by their next-generation mobile capabilities, which bring user experience to new heights and add significant improvements over current market processing capabilities."