Mitek’s Mobile Fill® Used by Synchrony Financial to Increase In-Store Credit Card Application Efficiency
March 21 2017 - 7:00AM
Mitek (NASDAQ:MITK) (www.miteksystems.com), a global leader in
mobile capture and identity verification software solutions, today
announced that one of the nation’s premier consumer financial
services companies, Synchrony Financial (NYSE:SYF), is using
Mitek’s Mobile Fill to streamline its in-store credit application
process.
“We share Mitek’s passion for creating superior
consumer experiences through technology innovation,” said Jay
Neidermeyer, Senior Vice President and IT Leader for Payment
Solutions & Commercial at Synchrony Financial. “We are always
seeking ways to streamline our in-store credit application process
and Mitek’s technology helps Synchrony’s Mobile Apply app provide
shoppers a faster, secure and private application process anywhere
in the store.”
The issuer behind many of the largest private label
credit card programs in the country, Synchrony financed more than
$125 billion in purchase volume in 2016 through its partners’
365,000 locations and their websites and mobile applications.
Mitek’s mobile capture technology allows the
cameras on in-store agents’ tablets to quickly and accurately
upload information into a credit application, saving customers time
from manually filling out applications and helping in-store agents
increase approvals without slowing down the line at point of
sale.
“Mobile Fill improves the retail credit application
process for busy shoppers who may be hesitant to spend the time
required to sign up,” said James DeBello, Chairman and CEO, Mitek.
“By using Mobile Fill, associates at retail locations can
accurately capture data directly from an applicant’s driver’s
license and have the information populated into a digital form for
easy and secure credit applications.”
Synchrony’s Mobile Apply app with Mitek technology
will be showcased at the Synchrony Financial booth #528 at
ShopTalk, March 19-22 at the Aria, Las Vegas.
About MitekMitek (MITK) is a
global leader in mobile capture and identity verification software
solutions. Mitek’s ID document verification allows an enterprise to
verify a user’s identity during a mobile transaction, enabling
financial institutions, payments companies and other businesses
operating in highly regulated markets to transact business safely
while increasing revenue from the mobile channel. Mitek also
reduces the friction in the mobile user experience with advanced
data prefill. These innovative mobile solutions are embedded into
the apps of more than 5,500 organizations and used by tens of
millions of consumers daily for mobile check deposit, new account
opening, insurance quoting and more. Learn more at
www.miteksystems.com. (MITK-F)
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Mitek Contact:
Ann Reichert
Senior Director of Marketing
pr@miteksystems.com
Katherine Verducci
MIX Public Relations
pr@mix-pr.com
Mitek Investor Contacts:
Todd Kehrli or Jim Byers
MKR Group, Inc.
mitk@mkr-group.com
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