Mitek Granted New Mobile ID Verification Patent
April 11 2017 - 7:00AM
Mitek (NASDAQ:MITK) (www.miteksystems.com), a global leader
in mobile capture and identity verification software
solutions, today announced that it has been awarded U.S. Patent No.
14,722,058, “Identification verification using a device with
embedded radio-frequency identification functionality” by the U.S.
Patent and Trademark Office. Mitek now has 29 patents issued and 16
patents pending.
“This latest patent covers the ability to use both
the mobile device’s RFID reader and camera for document
verification,” said Stephen Ritter, Chief Technology Officer,
Mitek. “By combining RFID and optical character recognition, we are
able to verify that the printed information on the ID matches the
data encoded in the ID’s embedded RFID chip, increasing confidence
that the identity document is authentic.”
“As transactions increasingly move to digital
channels, businesses need easy yet secure ways to verify
individuals’ identities, especially when they are not
face-to-face,” said James DeBello, Chairman and CEO, Mitek. “This
newly patented process is one more example of how Mitek maintains
its leadership as a key innovator in mobile ID verification.”
About MitekMitek (NASDAQ: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 users’ 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 for mobile check deposit, new account
opening, insurance quoting, and more. For more information,
visit www.miteksystems.com or www.miteksystems.co.uk.
(MITK-F)
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MIX Public Relations
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Mitek Investor Contacts:
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MKR Group, Inc.
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