Mitek and IdentityMind expand partnership
Mitek has announced an expansion of its partnership with IdentityMind Global to add its facial comparison technology and Mitek MiSnap Mobile Web SDK to IdentityMind’s identity-based platform for compliance, risk management, and fraud prevention.
The companies originally established the partnership to integrate Mitek’s Mobile Verify with IdentityMind’s digital identity solutions.
“As an industry pioneer in digital identities, we help companies provide the most holistic and trusted view of users and entities conducting business in the global digital economy,” said Garrett Gafke, CEO, IdentityMind Global. “Mitek’s Mobile Verify has proven to be an invaluable and complementary technology solution for verifying identities in the digital channel so companies can comply with know your customer (KYC) and anti-money laundering (AML) regulations during customer onboarding and throughout their lifecycle.”
Users lacking credit history or other personally identifiable information used to identify customers online, such as young people and the unbanked represent a significant market opportunity, according to the announcement. That opportunity can be met by financial services and other companies with identity document verification.
“With this expanded partnership, IdentityMind can offer a means of digital identity verification that is all-inclusive,” said James B. DeBello, CEO, Mitek. “Adding our facial comparison technology to our advanced Mobile Verify ID document authentication will help IdentityMind customers create the trust necessary for conducting business in the digital channel.”
Mitek recently announced it has dramatically improved the customer onboarding time for Europea blockchain provider Nocks.