Banks & Fintech
Driving Global Payments and Information Exchange
Many of the modern conveniences banking and financial services customers enjoy throughout the world today are enabled by Mitek’s data, image and word recognition innovations. In fact, Mitek’s check processing software and document management technologies have become an indispensable part of global commerce and branch transformation – helping to expedite and authenticate payments (checks, money orders, etc.), financial forms, and supporting documents, from the back office to the teller window, to the ATM, merchant, mobile device or other remote capture locations. These keystone capabilities help banks improve efficiency, reduce fraud and enhance convenience for their customers.
Mitek CheckReader - Check Processing Software
Mitek CheckReader is the global standard for advanced image analysis and intelligent recognition software used to seamlessly, precisely and securely process checks and other payment documentation by banks, financial institutions and other progressive corporations around the world in more than 42 countries.
- Deployed by 8 of the top 10 US-based banks, 90% of French banks, 90% of Brazilian Banks, and 100% of UK banks
- More than 50,000 points of deposit worldwide
- Over 70,000 ATM installs in the US, UK, France, Mexico, Colombia, Venezuela and Brazil.
- Millions of daily transactions successfully processed
Mitek Mobility - Checks, Identity Documents, Bill Pay, Receipts & More
Capitalizing on these market successes and proven capabilities in the global payment systems market, Mitek Mobility brings about a new way for mobile data recognition. With all capabilities client side on the phone or tablet, and the ability to process checks and documents from multiple countries and in multiple languages, Mitek delivers offline recognition to create an intelligent handset.
- Millions of Checks processed around the world
- Global ID cards, Drivers' licenses, Passports, Visas
- Merchant receipts & tickets
- Remittance coupons for mobile bill pay
- Field recognition from handwritten or printed documents and forms
Mitek DocumentReader – Automated Document Processing
The logical companion to these products is Mitek DocumentReader™, which allows banks and financial institutions to automate the capture and classification of data found in supporting documents such as mortgages, loan applications, handwritten notes, envelopes and more. With the combined successes of these products banks benefit from a comprehensive, integrated and automated check processing and document management solution.
The Bottom Line: Mitek Helps Banks Capture Improved Profitability
Automating manual processes, ensuring information is verified and routed to the correct place and reducing the risk for human error saves banks FTE expenditures that would otherwise be incurred via hours of unnecessary manual labor.