Mitek

Mitek provides identity verification, customer onboarding and mobile deposit services. Its products are designed to reduce friction and improve user journeys while also detecting and preventing identity fraud. The company's platform is designed to be easy to use and integrate, speeding up the process of getting its services up and running.

Mitek's identity verification technology is a no-code platform for creating custom user experiences. That means companies can set up verification processes en masse without requiring a lot of programming expertise. The platform also has powerful orchestration abilities to handle different risk profiles, and it's designed to comply with regulations like AML, KYC, GDPR and PSD2.

Among Mitek's other features:

• Identity Verification: Verifies customers using a combination of biometric data and document validation.
• Mobile Deposit: Lets customers deposit checks remotely using a mobile device.
• Biometric Authentication: Uses face and voice comparison algorithms for authentication.
• Image Capture: Increases image acceptance rates during the identity verification process.
• Document Validation: Classifies and extracts relevant information from required documents.
• Fraud Checks: Reduces identity theft risk with strong KYC and AML processes.

Mitek's technology is useful for fintech, sharing economy, travel, lending and financial services companies. It can improve approval rates, lower false negatives and make onboarding easier for customers.

Mitek's platform can be used in a variety of ways, including OEM, reseller, referral and integration partnerships. That means companies can integrate Mitek in whatever way makes the most sense for their business.

Mitek doesn't share pricing details, and interested parties should contact the company through its website for details on pricing and specific plans.

By using Mitek's verified identity platform and mobile deposit technology, companies can offer a secure and frictionless customer experience without disrupting operations and with lower fraud risk. That makes Mitek a good option for companies looking to improve their customer verification and user onboarding processes.

Published on July 21, 2024