Methods and systems for transcribing portions of a telephone conversation to text enables users to request transcription such as by pressing a button on a mobile device, with the request transmitted to a server including transcription software. The server transcribes some or all of the telephone conversation to text, and transmits the text to the mobile device. The text data may be scanned for selected information, and only the selected information transmitted to the mobile device. The selected information may be automatically stored in memory of the mobile device, such as in an address book.