One platform, many solutions. Protect your business from fraudsters of all kinds.
Stop fraud and protect your business and customers with our all-in-one solution. Our software provides comprehensive identity verification to prevent account takeover, synthetic identity fraud, financial fraud, and more. Enhance the customer experience and increase form completion rates while ensuring maximum safety. Easily integrate into existing systems for a seamless setup.
Fight account takeover fraud
Account takeover fraud is on the rise. In fact, account takeover attacks increased by 131% in 2022. Unfortunately, most identity verification solutions only provide basic protection against one or two types of common account takeover fraud, leaving businesses exposed. A successful account takeover attack can be costly and damage a business’s reputation permanently. Preventing account takeovers is essential. That’s where MiVIP comes in.
The MiVIP solution uses advanced identity verification technology to protect against a broad range of account takeover threats, including:
- Social engineering attacks
- Malware and hacking attempts
- Deepfake and programmatic fraud
- Weak or compromised passwords
- Lack of multi-factor authentication
- Inadequate security protocols on devices and networks
Our solution employs machine learning algorithms, device recognition technology, and biometric authentication measures to verify identities and detect fraudulent activity in real-time. We also add extra security layers through multi-factor authentication options, including SMS-based verification and one-time passwords (OTPs).
Synthetic fraud
Synthetic identity fraud is a growing concern for businesses across all sectors. Fraudsters use increasingly sophisticated techniques to create synthetic identities, making it difficult for businesses & software to identify & prevent fraudulent activity.
MiVIP provides a total solution, employing cutting-edge technology to detect and prevent synthetic identity fraud in real-time. Here are some of the ways our solution protects against synthetic identity fraud:
- Machine learning identifying synthetic fraud patterns
- Biometric authentication measures (facial and voice)
- Device recognition & instant notification
- Comprehensive coverage
- Real-time monitoring
With MiVIP's solution, businesses can have peace of mind knowing that they are protected against all types of synthetic identity fraud, all seamlessly within your existing systems.
Our comprehensive approach to fraud prevention ensures that businesses can safeguard their reputation and financial assets from devastating consequences.
Traditional fraud
Fraudsters are constantly searching for vulnerabilities where the digital and physical worlds intersect, making it difficult to identify and prevent fraudulent activity. Even minor vulnerabilities can be exploited, resulting in significant financial losses and reputational damage.
At Mitek, we understand that businesses need comprehensive protection against all types of financial fraud, whether it occurs online or in the physical world. Our solution employs advanced technology to quickly detect and respond to any suspicious activity including:
- Check and credit card fraud
- Identity theft and fraud
- Money laundering
- Loan fraud
- Bank account takeover
- Insurance scams
Our solution seamlessly integrates with your existing system, providing you with ultimate control and offering the most advanced detection and verification system in the world. You can confidently address the most complex and sophisticated fraudster tactics and prevent financial losses and reputational damage.
Enhanced KYC
Mitek’s MiVIP solution enables businesses to offer a modern KYC experience that integrates identity verification into the customer journey. This provides a safe and satisfying experience for customers and businesses alike.
MiVIP offers comprehensive identity, fraud, and compliance protection with best-in-class capabilities. Not only is our solution faster than traditional KYC processes, but it also enables businesses to get to know their customers quickly and securely. This gives our clients an advantage over competitors using traditional identity verification methods.
Our approach to modern KYC even enhances the customer journey. Your customers will the glide through KYC process with the help of our frictionless UI. MiVIP makes one of the trickiest parts of the onboarding process fast and easy for your customers.
Choose the system that puts you in control
MiVIP gives you complete control over how you implement it into your existing systems, no matter how complex. With a low-code solution, you can customize the verification features and use as much or as little as you need. Our team of experts will guide you in getting the most out of MiVIP without compromising customer experience.
Happy clients from all over the world
We have hundreds of success stories from satisfied clients across the globe
"Our smart digital tools put our customers in control and the journey helps our customers to successfully pass KYC where traditional name and address checks fail."
“They comply with all of the requirements from the UK Gambling Commission and have created the best possible KYC process when customer documentation verification is required.”
“Mitek has been instrumental in helping Nationwide modernize and evolve our authentication processes, ensuring a seamless and consistent experience for our customers across all channels."
Client success studies
Find out if MiVIP is right for your business
Request a 15-minute discovery session to see if MiVIP is the right fit for you.
About Mitek
Dedicated to solving the most crucial industry issues
At Mitek, we are passionate about helping our more than 7,500 clients secure their services with our trusted suite of digital identity verification solutions. Innovation and protecting customers are core values at Mitek, as illustrated by our cutting-edge cybersecurity technologies. Our identity verification tools are not only advanced, but they are also easy to use. Finally, verifying your users and preventing fraud is simple and effective.
We’re proud to help our clients win the battle against fraud. Our innovative products protect both clients and their customers. We provide a trusted service that enhances the customer experience by making user onboarding easier and safer. That’s what Mitek’s technologies can do for your business.
Frequently asked questions
The top 5 questions asked about the MiVIP Platform
1. Why should I choose MiVIP?
Designed to minimize client effort and maximize end-user convenience, the Mitek Verified Identity Platform is an end-to-end KYC platform that helps companies to quickly design, build, and deploy robust KYC journeys with little or no development resources. We combine facial biometrics, liveness detection, ID document validation, database checks, geolocation, digital footprint analysis, and more to provide the clearest picture of who is requesting access to your services.
2. What other businesses are using Mitek solutions?
Companies from around the world are using MiVIP to quickly design, build, and deploy robust KYC journeys with little or no development resources. From Fortune 500s to emerging unicorns, industry leaders across the globe are leveraging our no-code verified identity platform. Major industry players in the Financial Services, Fintech, Marketplace, iGaming, and Lending spaces have all benefited from the dynamic MiVIP platform. Our global clients include Lloyds Bank, NatWest, Chase Bank, Experian, and GrubHub.
3. How does MiVIP guide the user through the customer journey?
Every single one of your customers is an individual and should be treated as such. Some are digital natives, confident in handling online onboarding journeys and can rush through without ever needing any support.
But many customers need some guidance or at least a reminder of what their next step should be.
In the Mitek journey, users can quickly go back to the central hub and see what items are left for them to finish the onboarding process. Some customers can have misgivings about submitting their data digitally, fearing their personal data might be exposed. We provide clear signposts in the journey that tell them exactly what to expect, what is done with their data, and confirms that we do not retain their information.
Mitek also provides real time feedback if the customer submits information that is insufficient for KYC purposes, supplying them with dynamic information on what they need to do to correct the issues.
4. Can MiVIP integrate with any system?
The MiVIP platform can be integrate seamlessly into most existing systems, helping to build an intuitive user experience faster.
We can support full API only integrations that you can build into your web journeys or native applications. All our clients typically have the same approach to UI/UX until they see what can be done with MiVIP and how much time and cost it can save you getting to market or keeping pace with your competitors.
We have a full custom CSS editor that your design teams can code into, which gives you total control over the look and feel of the journey.
The web portal allows your business users (not developers) to define scope settings, order of process, and the look & feel as required. Your users can affect journey/policy changes with the click of a button, if you want. However, YOU have complete control over which permission you allow.
5. How can I trial the MiVIP solution?
To discuss trial options, we recommend reaching out to us to schedule a strategy session with one of our identity verification experts to see what makes the most sense for your company and customers. Every business approaches identity verification differently. It may be the customer onboarding journey, what rules the business puts in place, or one of a thousand other compliance issues, but no two companies configure their approach in exactly the same way. Contact us at https://www.miteksystems.com/contact today to see what works best for your business.