MoneYou, ABN AMRO’s Digital Banking Subsidiary, Integrates Mitek’s Identity Solutions for Real-Time, Compliant, Digital O...
July 19 2017 - 4:00AM
Mitek (NASDAQ:MITK) (www.miteksystems.com), a global leader
in mobile capture and identity verification software
solutions, today announced that MoneYou, the fully-digital consumer
banking subsidiary of ABN AMRO, is using its Mobile Verify® and
Mobile Fill® solutions to securely onboard customers while meeting
stringent Know Your Customer (KYC) regulations.
Founded in 2001 as a fully digital bank, MoneYou needed a
seamless and compliant way for customers applying for a new product
to verify their identity from anywhere and at any time.
"I am pleased that we have found a partner such as Mitek that
enables us to achieve our customer experience ambitions for
onboarding and, simultaneously, meet the ever-growing requirements
for ‘reliable’ identification,” says Theo van Bon, Chief Operations
Officer at MoneYou.
“Fully digital onboarding has been talked about for some time
now, but MoneYou is one of the first to actually put it into
practice,” says James DeBello, Chairman and CEO, Mitek. “MoneYou’s
mobile onboarding is the living proof that security and convenience
can successfully converge in the digital channel.”
MoneYou’s mobile app integrates Mitek’s ID document verification
software, which lets users leverage the camera on their smartphone
to capture an image of their ID document. Mitek’s advanced
algorithms extract the required information from the ID presented
to verify the identity and automatically and accurately populate
the application form. Background checks and the fully digital
onboarding process take one minute, meaning that customers can
access their new accounts in a matter of hours.
About MoneYou
MoneYou, a subsidiary of ABN AMRO, is leading the consumer
banking industry by offering its customers fully digital
experiences. The Dutch online bank offers savings accounts as well
as mortgages and other financial services across Europe. MoneYou
currently serves customers in The Netherlands, Belgium, Germany and
Austria.
For More information, visit https://www.moneyou.nl
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 5,600 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
CCgroup for Mitek
Mitek@ccgrouppr.com
Mitek Investor Contacts:
Todd Kehrli or Jim Byers
MKR Group, Inc.
mitk@mkr-group.com
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