Mitek Systems
Mitek Systems offers a range of identity verification solutions, including biometric authentication and mobile deposit, serving various industries such as financial institutions and fintech. Their technology supports use cases like customer onboarding and compliance, with a focus on maximizing onboarding success rates and reducing fraud.
Services
Mitek Systems offers a range of identity verification solutions including biometric authentication, mobile deposit, and check fraud detection. The company's services also include mobile capture, face liveness detection, NFC authentication, and check intelligence. Their solutions support various use cases such as age verification, compliance (KYC), customer onboarding, in-person identity verification, and passwordless authentication. They also provide reusable identity, right to work verification, and solutions for the sharing economy.
Industries Served
Mitek Systems serves multiple industries including financial institutions, fintech, iGaming, lending, marketplaces, and travel. Their identity verification solutions are designed to meet the specific needs of these sectors. For example, Mitek's technologies support the travel industry with enhanced mobile check-in capabilities and help the lending industry approve more loans while preventing fraud. Their solutions for fintech accelerate customer onboarding and conversions, while those for digital marketplaces build trust and ensure safe-to-use assurance.
Technology Solutions
Mitek Systems provides advanced technology solutions such as mobile capture, face liveness detection, NFC authentication, and check intelligence. Their no-code verified identity platform allows for custom, intuitive user journeys. Mitek also offers a powerful orchestration platform to handle various risk profiles in KYC workflows and a cloud-based ID document verification engine that utilizes AI technologies for online identification verification. They support flexible assurance levels from rapid automation to forensic checks and ensure compatibility with legacy systems for low-friction integration.
Compliance and Certifications
Mitek Systems complies with various regulatory requirements including AML, KYC, GDPR, and PSD2. The company holds ISO/IEC 27001:2013 certifications and SOC 2 compliance, ensuring high security and compliance standards. Their solutions are designed to meet regulatory requirements across multiple jurisdictions, supporting international deployment and availability in many countries around the globe. Mitek offers a choice between dedicated or multi-tenant cloud deployment options.
Specialized Solutions
Mitek Systems provides a variety of specialized solutions including the mobile capture SDK, MiSnap™, for intuitive and automated image capture, and a market-leading mobile remote deposit capture (mRDC) solution for retail financial institutions, brokerages, and prepaid card providers. They also offer the Check Fraud Defender, using computer vision and AI to reduce fraud losses, and the MiControl Fraud Management Console, a comprehensive dashboard for detecting and analyzing check fraud. Additionally, Mitek provides a reusable identity solution that ensures trust and access to online services from a single unified platform.