Reduce onboarding abandonment by providing a fast, personalized identity verification experience
Identity verification and biometric authentication let you create individual identity check experiences based on the type of transaction and level of associated risk, enabling faster onboarding journeys. At the same time, KYC and AML regulatory compliance will be maintained at all times.
Coinme used identity verification to dramatically decrease approval times from 20 minutes to under 10 seconds. They now provide a customer onboarding experience that is much faster and intuitive, striking the right balance between ease, safety, and compliance.
PayPal uses identity verification to balance a low-friction user experience with high-service levels, resulting in a 20% lift in the number of high-value transactions their platform can process.
Credit Karma collaborates with Mitek to implement a state-of-the-art identity verification solution, bolstering financial security and user trust. This approach ensures that those accessing their credit scores and financial information genuinely represent themselves, effectively thwarting identity theft and fraudulent activities.
Identity verification is essential for every customer and every journey.
Ensure regulatory compliance at all times
Meet any risk profile on your KYC workflows with the identity services you need.
Stay ahead of fraudsters
Better detect attempted impersonation fraud across any customer touchpoint
Optimize user journeys
Maximize onboarding success rates with minimal friction
Identity solutions for financial services
MAXIMIZE ONBOARDING SUCCESS
Mitek’s Verified Identity Platform (MiVIP)
Quickly deploy KYC and personalized identity verification solutions based on risk-based decisioning, triggers, and thresholds throughout every journey. Create tailored onboarding workflows in hours, lower operational costs, protect against fraud, and reduce customer onboarding friction by combining the power of native and external identity verification signals with powerful orchestration and configuration tools.
STRENGTHEN TRUST IN REAL-WORLD IDENTITIES
MiPass Biometric Authentication
Replace passwords and one-time passcodes with enterprise-grade biometric authentication that can be easily embedded into your existing platforms and customer experiences. With Mitek’s MiPass, you have the flexibility to decide how and where to apply face, voice, and liveness biometric authentication throughout your customer journey, ensuring the fastest and most seamless digital experience.
"With the integration of Mitek’s digital identity verification solution, Coinme has increased sign-up conversion rates, reduced the time it takes to complete identity verification, and decreased customer support contacts."
VP of Product at Coinme