Mitek and Experian(R) Collaborate to Help Organizations Monetize the Mobile Channel -- Mitek's Mobile Photo Account Opening(TM) eliminates the notoriously cumbersome and error prone manual data entry on a mobile device by using the camera as the keyboard -- Experian's Precise ID gives clients the most complete and accurate view of a consumer's identity so they can make the right decisions -- Combined solution streamlines account opening by making it easy and safe for consumers to engage with organizations in the extremely popular mobile channel
SAN DIEGO and LAS VEGAS, Oct. 7, 2013 (GLOBE NEWSWIRE) -- Mitek (Nasdaq:MITK) (www.miteksystems.com), the leading innovator of mobile imaging for financial transactions, announced today at Money 2020 that it is working in partnership with Experian, the leading global information services company, to offer frictionless and safe mobile account opening. The marriage of Mitek's Mobile Photo Account Opening(TM) solution and Experian's fraud prevention and authentication services will help organizations streamline the account opening process giving them the ability to take a giant leap toward monetizing the mobile channel. Mitek's award winning Mobile Photo Account Opening reduces the friction in the account opening process by eliminating the notoriously cumbersome and error prone manual data entry on a mobile device. Consumers simply capture pictures of the front and the back of their driver's license and the validated data is automatically populated into the account opening application. Mobile Photo Account Opening seamlessly integrates with Experian's fraud detection and prevention platform which offers cutting-edge resources that enable Experian clients to outpace criminals by detecting, avoiding, and managing fraud activity -- all while helping clients meet mandated government and industry regulations such as the USA PATRIOT Act, the FACTA Red Flags Rule, and E-Signature requirements.
