Mitek and JanusID Deliver Real-time Identity Verification to SMBs
25 September 2018 - 9:00PM
Mitek (NASDAQ:MITK), a global leader in mobile capture and digital
identity verification solutions, and JanusID, the Netherlands-based
identity organization providing one-click secure website access,
today announced a partnership to deliver a new, real-time,
end-to-end identity verification online app, CheckedID. This new
app is powered by Mitek’s Mobile Verify®, AI-based identity
proofing, which enables small and medium sized businesses (SMB) to
onboard customers and employees quickly and in compliance with EU
regulations.
Mitek’s Mobile Verify assesses the authenticity of the identity
document in real time, using advanced AI and machine learning
algorithms to check for signs of forgery and tampering. Passports,
ID cards, residence permits and driving licenses can all be
processed quickly and reliably. In addition, the app uses Mitek
MiSnap™ for fast, high-quality image capture and performs a
liveness check with facial comparison of the selfie to the
document’s portrait photo. For Android devices, the app also uses
Mitek’s NFC capability to verify the authenticity of electronic
machine-readable travel (eMRTD) documents by scanning and reading
the document’s embedded RFID chip using the device’s NFC
reader.
The implementation of CheckedID for a new customer is quick and
easy. It is fully customizable to suit each customer’s brand and
business requirements. CheckedID’s pay-as-you-go license
arrangement allows businesses an affordable option to pay only for
what they need to operate safely and in compliance with
regulation.
The outcome of the verification workflow is delivered to
customers in a secure, GDPR-compliant report, which can act as
proof that the verification process has been thoroughly executed
and meets regulatory requirements. All access to the service and
data processing is safeguarded by banking-grade security, keeping
consumer details safe.
“With Mobile Verify powering CheckedID, businesses now have a
simple way to identify their customers without demanding that they
photocopy and send passports through the mail, or go to a physical
location,” said René Hendrikse, VP and Managing Director, EMEA,
Mitek.
“Enabling customers to safely provide verified personal data
increases the level of trust for each party in online customer and
employee onboarding. Trust, plus a high regard for privacy, is what
businesses increasingly demand,” says Irwin Oedayrajsingh Varma,
initiator and CEO, JanusID. “We are very happy to be partnering
with Mitek, to ensure these benefits can be realised for all types
of transactions, anywhere in the world.”
About Mitek Mitek (NASDAQ: MITK) is a global
leader in mobile capture and digital identity verification
solutions built on the latest advancements in AI and machine
learning. Mitek’s identity verification solutions enable an
enterprise to verify a user’s identity during a digital
transaction, which assists financial institutions, payments
companies and other businesses operating in highly regulated
markets in mitigating financial risk and meeting regulatory
requirements while increasing revenue from digital channels. Mitek
also reduces the friction in the users’ experience with advanced
data prefill and automation of the onboarding process. Mitek’s
innovative solutions are embedded into the apps of more than 6,100
organizations and used by more than 80 million consumers for mobile
check deposit, new account opening and more. Learn more at
www.miteksystems.com.
Mitek Contact:Ann ReichertSenior Director of
Marketingpr@miteksystems.com
Mitek Investor ContactsTodd Kehrli or Jim
ByersMKR Group, Inc.mitk@mkr-group.com
Mitek Systems (NASDAQ:MITK)
Historical Stock Chart
From Apr 2024 to May 2024
Mitek Systems (NASDAQ:MITK)
Historical Stock Chart
From May 2023 to May 2024