Mitek’s ID Solutions Selected by Global Financial Services Firm to Improve Mobile Account Opening Process
April 18 2017 - 7:00AM
Mitek (NASDAQ:MITK) (www.miteksystems.com), a global leader
in mobile capture and identity verification software
solutions, today announced that a leading global financial services
firm has selected its Mobile Verify® and Mobile Fill® solutions to
speed up and secure the mobile account opening process for its
wealth management accounts.
“Mobile Fill and Mobile Verify provide an ideal solution for
companies that need to be certain of a customer’s identity in the
mobile channel,” said Sarah Clark, General Manager, Identity
Solutions, Mitek. “While Mobile Fill makes onboarding a snap,
Mobile Verify reduces the possibility of a criminal fraudulently
accessing or creating accounts.”
According to Javelin Research, new account fraud was rampant in
2016 and losses from account takeover fraud increased 61 percent.
To combat these criminal activities, financial services firms
leverage Mitek’s advanced computer vision and machine learning
technologies to verify their users’ identities in the mobile
channel. Mobile Verify uses the camera on a mobile device to
authenticate customers’ identity documents, thereby helping
companies ensure that only verified customers can create and access
accounts.
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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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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