Conestoga Bank Customers to Get Deposit-on-the-Go Capabilities with J&B Software's Mobile Check Deposit

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Community Bank Customers to Be Among the First in the U.S. with Ability to Easily and Remotely Deposit Business or Consumer Checks from their Smartphones

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Customers of PA-based Conestoga Bank will soon be able to deposit checks via their iPhones, BlackBerries, or a wide range of other handheld devices, utilizing J&B Software's Mobile Check Deposit.

J&B Software, a premier provider of enterprise-wide transaction and payment solutions, announced today that Conestoga Bank will implement J&B's Software-as-a-Service (SaaS) Mobile Check Deposit this fall. The product will allow Conestoga Bank's customers to deposit paper checks easily and remotely via their smartphones.

"We're on the leading edge of mobile deposit adoption, and this offering will make it incredibly easy for our customers to deposit checks wherever and whenever it's convenient for them," explained Lori Adamski, Conestoga's executive vice president and chief operating officer. "These capabilities will go live in just a few months which, along with its deep banking expertise, is a major reason why we chose J&B."

J&B will host and deliver the mobile deposit capabilities, eliminating the need for Conestoga Bank to implement or manage the technology infrastructure. J&B's SaaS Mobile Check Deposit solution will easily integrate with Conestoga Bank's core processing system and will be supported by the extensive global payment processing network of J&B's sister company, Regulus Group. As a result, most remote check deposits will clear within one hour.

"Conestoga Bank is an ideal customer for our technology," said Jim McShea, chief revenue officer for J&B's parent company, 3i Infotech, North America. "SaaS Mobile Check Deposit will allow Conestoga Bank to provide its consumer and business customers with an entirely new level of convenience and service. At the same time, the agile delivery model allows Conestoga Bank to keep costs down while giving them the ability to drive additional deposits and attract new customers."

Once a Conestoga Bank customer photographs a check and submits it via his or her mobile device, J&B will validate the images for Check 21 compliance using Mitek Systems' (OTC: MITK.OB) industry-standard mobile IMagePROVEā„¢ technology. J&B's industry-leading workflow, risk management and clearing modules will be used by Conestoga Bank for business rules application, compliance and clearing purposes. The business rules, such as exception management and fraud monitoring, can be easily customized as needed.

J&B's Mobile Check Deposit will provide a safe and secure image capture and deposit experience for Conestoga Bank customers. To ensure security, a complete audit trail of where, when and how each check was captured will be logged to allow for any disputes to be tracked and resolved. Customers will also be protected, since no data or images will be stored on the smartphone in case of loss of the device, and all communication will be 128-bit encrypted. All major smartphone models will be supported.

About Conestoga Bank
Conestoga Bank is a wholly-owned subsidiary of Conestoga Bancorp headquartered in Chester Springs, Pa. Conestoga Bank is a full-service financial institution, with 14 branches in Center City and South Philadelphia, Bucks, Chester, Delaware, and Montgomery counties. For more information, please visit

About J&B Software
J&B Software provides payment processing, imaging, electronic content management and capture solutions to businesses worldwide. The company works with over 160 industry leading organizations including regional and money center banks, insurance companies, mutual funds, credit card processors, brokerage, telecom, utilities, government, non-profit and commercial organizations. J&B Software's library of core applications and product modules utilize open architecture software and hardware platforms. The company's extensive application suite includes solutions for retail/wholesale lockbox, remote image capture, ARC/Check 21 electronic clearing, intelligent document recognition, healthcare EOB processing, full-page document management, transaction archive and online customer query. J&B Software is a winner of the TAWPI Hall of Fame Award for technology innovation and excellence and its 400+ employees are fully committed to improving the operational effectiveness and profitability our clients.

J&B Software is a subsidiary of 3i Infotech. For more information, visit or call 215-641-1500.

About Regulus Group
Regulus Group is the premier provider of outsourced billing and payment services designed to accelerate cash, improve corporate productivity and reduce overall management costs. Our integrated approach to the payment lifecycle enables Regulus customers to outsource and automate their most resource-consuming billing and payment requirements while actually increasing control over the entire process. As the largest outsourced payment processor and one of the largest outsourced bill presentment providers in the United States, Regulus services over two billion paper and electronic transactions every year for companies in the telecom, insurance, finance, utility, and healthcare industries.

Regulus is a subsidiary of 3i Infotech. For more information, visit

About 3i Infotech
3i Infotech ( is one of India's leading IT companies and among the top 3 Indian Software Products Companies.* The Company provides software products, IT services (Managed IT Services, Application Software Development & Maintenance, Payment Services, Business Intelligence, Document Imaging & Digitization, Operations Outsourcing and IT Consulting) and BPO services for the BFS, Insurance, Manufacturing/Auto, Healthcare/Life Sciences and Retail & CPG Industry. The Company services customers in over 50 countries across 5 continents.

The Company's quality certifications include SEI CMMI Level 5 for Software business, ISO 9001:2000 for BPO, ISO/IEC 27001:2005 for Data Center Operations and ISO/IEC 20000-1:2005 for Data Center Management Services.

*Source: Dataquest, August 2009

Except for the historical information contained herein, statements in this release, which contain words or phrases such as "will", "would", "expect", "believe", and similar expressions or variations of such expressions may constitute "forward-looking statements". These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of our principal international markets, the performance of the industry sectors in which our clients are based, the performance of the information technology industry sector world-wide, competition, our ability to obtain statutory and regulatory approvals and to successfully implement our strategy, future levels of our growth and expansion in business, technological implementation, changes, advancements, and redundancies, the actual demand for software products and services, or the future potential or feasibility thereof, changes in revenue, income or cash flows, our market preferences and our exposure to market risks, as well as other risks. 3i Infotech undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date thereof.

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