Mobile Capture Blog | Mitek

Race over foreign students goes mobile: how tech can help you win

By Tom Groenfeldt

Although many might argue that in any case education should be tied to money, truth is that it significantly contributes to the overall economy of any country. Take the United States, for example, where about a million students from abroad contribute to the American economy with $18 billion’s worth of tuition and $13 billion in living expenses each year, as per a recent research conducted by World Education Services (WES).

Read Blog Post

Successful mobile payment

Mobile identity verification lets you say yes to more good customers

By Michael Hagen

In an interconnected world where people keep on the move, changing estates and countries more and more often than ever, the ability to verify your customers’ identity has become capital to ensure a secure and effective acquisition experience.

Being capable of checking the identity of your prospective customers regardless of their country of origin will translate into more safe and effortless acquisitions. Furthermore, having access to mobile ID verification means that you can better target high-value yet currently under-served customers such as expats or foreign students.

Read Blog Post

Pay with a selfie

ID verification pilot’s success in the US ships Mastercard’s Selfie Pay across The Pond

After trialing its new mobile payment technology in the US and The Netherlands, Mastercard is bringing its ‘Selfie Pay’ to the UK, so users can pay without entering any password or PIN but just by smiling and blinking to their smartphone’s camera.

Read Blog Post

Synthetic ID fraud

Synthetic identity fraud in card not present transactions tops risk managers’ concerns in 2016

By Tom Groenfeldt

The nice thing about using a synthetic identity to commit fraud is that there’s no pesky credit card holder calling to report unauthorized charges on her statement. The fake identities can be created or purchased on the Dark Web.

Read Blog Post

Create the Mobile Capture You Want - Customizing the MiSnap SDK for Your Mobile Application

With the release of v3.0 of the Mitek MiSnap Software Development Kit (SDK), delivering the mobile capture user experience you want has never been easier. We have completely exposed the UI layer, opening up access to the source code and giving developers more control over UX and UI elements such as workflow, screen layout, tutorial screens, and colors. Here’s a quick look at some of the customization options available:

Read Blog Post

How Identity Verification Technologies Help Banks Solve Pended Queue Issues

The mobile revolution has allowed financial institutions to reach and acquire more prospective customers than ever before; however, financial institutions are losing 15-40% of them because they get trapped in their pended queue and are never converted to customers. Financial institutions can solve their pended queue issues and improve customer acquisition rates by implementing mobile identity verification technologies, such as Mobile Fill™ and Mobile Verify™.

Read Blog Post

Millennial Using Cell Phone

A Glance at the Agenda for BAI’s Payments Connect

By Tom Groenfeldt

BAI’s Payments Connect conference, which opens Sunday in San Diego, perfectly illustrates the quandary facing banks looking to expand their online presence — how to accomplish that without throwing the door wide open to fraud.

Read Blog Post

Integrate mobile capture into your application - Getting started with Mitek MiSnap SDK

Mitek MiSnap™ is the mobile capture component of all Mitek solutions.

Read Blog Post

Mobile Deposit Photo Safe

Harland Clarke Checks Modernized for Mobile Deposit

Revolutionary changes to check processing technology in recent years left consumers and financial institutions wanting a safer check product that they feel more confident depositing through the mobile channel. To answer their requests, Mitek has modernized the paper check through a unique partnership with Harland Clarke, a leading provider of integrated payment solutions.

Read Blog Post

Identity Verification for Age Restricted Commerce

Mobile Age Verification Imperative to Safe Commerce of Regulated Goods

As mobile commerce sweeps across all industries, age-restricted goods and services like gaming, alcohol, tobacco and adult entertainment are increasingly sold on the mobile channel and must be regulated. It’s evident that merely entering a date of birth is not an effective way to manage access to age-restricted content and retailers face major fines and could even be shut down if they are caught selling to minors. So how can merchants protect themselves?

Read Blog Post

Mobile Capture Tablet App

Tablet Apps With Mobile Capture Help Employees Increase Customers

Assisted service with a tablet is revolutionizing the way employees engage with customers. Tablets apps with mobile capture are enabling employees to deliver faster and better service in the brick and mortar location as well as out in the community.

Read Blog Post

Mobile ID Verification and Preventing Fraud

The Perfect Storm: Customers and fraudsters are going mobile

Financial Institutions are seeing huge growth in mobile application across products. At this same time, fraudsters are targeting the account opening process. How can financial institutions maximize mobile for new customer acquisition while keeps fraudsters out?

Read Blog Post

Mobile Deposit on Phone

Mobilization Key to Loyalty in Retail Banking

According to a recent Bain & Company survey, mobile banking has advanced past the tipping point and is now the preferred method of banking by consumers worldwide.

Read Blog Post

4 Keys to Secure Customer Acquisition with Mobile Capture & Identity Verification

Aite has released a new whitepaper examining the challenges facing U.S. financial institutions. Executive survey responses showed that financial institutions are facing the dual challenge of rapidly rising fraud and fierce competition in acquiring new customers.

Read Blog Post

Dynamic Identity Assessment: The Future for Mobile Transactions

As data breaches become more widespread, the personally identifiable information (PII) and account credentials that individuals use to verify their identities when conducting mobile transactions have been increasingly compromised.

Read Blog Post

Commercial Mobile Deposit

An mRDC Scanner in your Pocket? Mobile Multi-Check Deposit is a Game-Changer

It seems like a small thing, that Mitek has just introduced the ability to capture multiple checks—instead of just one at a time-- into a single deposit session, but the ramifications of Mitek’s latest move are significant.

Read Blog Post

Authenticity Verified

Mitek's 2015 Year in Review

In 2015, Mitek has become a global leader in mobile capture and identity verification by expanding our global footprint, adding new customers, launching groundbreaking, new ID document authentication solutions as well as achieving record revenue for our best year ever!

Read Blog Post

Millennial Using Cell Phone

83% of Millennials Expect Mobile Capture in All Mobile Transactions

Millennials are doing (and expecting to do) even more on their phones than ever before. Earlier this month we released a survey conducted by Zogby Analytics that confirmed our suspicions: once they started using mobile capture, Millennials expected that same experience in every industry.

Read Blog Post

Survey Says: Just Mobile Isn’t Enough Any More – The Camera is Key for Capturing Millennials

Today, Mitek released findings from a survey conducted by Zogby Analytics examining the mobile preferences of more than 1,000 Millennial consumers ages 18 to 34. Survey found that the camera is key for businesses looking to capture this important demo

Read Blog Post

Go Mobile or Be Left Behind: The World Abandons Desktops for Mobile

It’s no secret mobile use is overtaking desktops. Billions of people carry smartphones wherever they go. Many keep their phones on them at work, out with friends, at the store, to bed, and even to the bathroom.

Read Blog Post