Finovate Demo Video Archives

Presenter Profile:

How they describe themselves: Being able to validate passports’ authenticity as means of identity verification is vital for financial institutions looking to expand into new markets or dealing with international clients in-market. Mitek’s global ID document verification allows enterprises to verify a user’s identity within the mobile channel, enabling companies operating in highly regulated markets to transact business safely while increasing revenue. Mitek also reduces the friction in the mobile users’ experience with fast and accurate data pre-fill. Mitek’s technology is used by more than 70 million consumers and over 5,400 organisations for mobile check deposit, new account opening, insurance quoting, and more

How they describe their product/innovation: Mitek’s Mobile Verify™ new technology enables financial institutions to onboard foreign customers as simply as they would do with local ones. Onboarding these customers without the need to visit a branch, staying compliant with KYC and AML rules, and maintaining a quick and easy user experience is all critical to gaining and retaining market share. In this demo, Mitek will show the latest innovation in auto capture and ID document authentication. Mobile Verify™, Mitek’s machine learning passport verification technology, is built on experience gained from Interpol, the FSA, military intelligence, and others. This means that this intelligence is not a static set of heuristics but able to respond to ever-changing fraud techniques.

Product distribution strategy: Direct to Business (B2B), through other fintech companies and platforms, licensed

Contact

Bus. Dev. & Sales: Rick Dammiaans, Sales Development Representative, rdammiaans@miteksystems.com, +1-619-269-6800
Press: Daniel Lowther, Head of FinTech, ccgroup PR, daniel.lowther@ccgrouppr.com, +44 20 3824 9202