1. A system for image capture and processing of financial documents, comprising: a mobile device including: an image capture device configured to capture a color image of a financial document; a processor configured to: generate a color reduced image, and a transmitter configured to transmit the color reduced image to a server, the server configured to receive the color reduced image from the mobile device and to: detect the financial document in the color reduced image, geometrically correct the color reduced image, binarize the color reduced image to produce a bi-tonal image, correct the orientation of the bi-tonal image, and correct the size of the bi-tonal image.