This post is part of our live coverage of FinovateFall 2013.
Then, Mitek showcased its Mobile Photo Account Opening solution:
"Mitek's new Mobile Photo Account Opening solution enables financial institutions to take advantage of mobile for customer acquisition by reducing the friction for users with mobile imaging. The engaging user experience will attract digital natives and mobile first then retain them throughout their financial life.The user simply takes photos of personal and financial documents instead of entering information on a device keypad. This greatly reduces the time and effort required by the user to open and fund an account on a mobile device. Mitek's Mobile Photo Account Opening provides flexible deployment options and seamlessly integrates with FIs' existing account origination and identity verification providers."
Product Launch: Q4 2013
Metrics: Mitek (MITK) is publicly traded on NASDAQ
Product distribution strategy: Direct to Business (B2B)
HQ: San Diego, CA