Security News

Mitek launches new identity verification platform to make digital access faster and more secure

As consumers transact more business online than ever, identity verification has become essential to safe digital access. Mitek is making it possible for companies to protect customers’ digital experiences from the moment they open an account through their entire journey.   
Identity fraud
Almost 50% of U.S. citizens were victims of some form of identity theft between 2020 and 2022, according to the National Council on Identity Theft Protection.
The most common forms of identity fraud included account takeover, when an actual user’s information is misappropriated, starting a new financial account with a fraud victim’s information, and information theft, such as Social Security identity theft. In 2020, the traditional identity theft cost to companies and consumers was estimated to be about $13 billion.   
Safe digital access
Mitek establishes trust with authentic customers by providing identity syste…