24 September 2017
visit www.avoka.com

Mitek and Backbase team on frictionless onboarding process

10 October 2016  |  4005 views  |  0 Source: Mitek

Mitek (MITK), a global leader in mobile capture and identity verification software solutions, and Backbase, a leader in omni-channel digital banking solutions, establish a partnership to make Mitek’s OCR and document validation capabilities available through the Backbase Open Banking Marketplace.

Mitek and Backbase collaborate through the Open Banking Marketplace, so customers on the Backbase Platform can easily add Mitek’s data OCR and document verification capabilities to their digital banking experience. AmBank, one of Malaysia’s premier financial services providers, serving more than six million individual and corporate customers, is among the first to deploy digital onboarding solutions from the two companies.

By integrating these OCR and document validation capabilities, banks can further improve and deliver a fast and frictionless onboarding process. Having already established a working relationship with previous clients, the collaboration through the Backbase Open Banking Marketplace takes the successful partnership a step further. This collaboration makes the integration easily available for existing and new Backbase clients.

“AmBank is just one example of how financial institutions can benefit from optimizing the digital experience with Mitek’s innovative and industry leading technologies,” said Sarah Clark, general manager, Identity Solutions, Mitek. “We look forward to working with Backbase to deliver customer acquisition tools that optimize the customer experience, while mitigating the risk of fraud for organizations across the globe.”

Jouk Pleiter, CEO and co-founder of Backbase, said: “Backbase is on a mission to deliver seamless digital banking experiences across all devices and channels. Our omni-channel banking platform enables banks to easily plug-in best of breed fintech capabilities. Together with partners like Mitek, we empower banks to accelerate their digital transformation with fast and intuitive onboarding processes.” 

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.temenos.comdownload the paper nowvisit www.capgemini.com

Top topics

Most viewed Most shared
HSBC switches on selfie payments in ChinaHSBC switches on selfie payments in China
13621 views comments | 29 tweets | 44 linkedin
AXA launches blockchain to cover late flight compensationAXA launches blockchain to cover late flig...
10327 views comments | 14 tweets | 30 linkedin
Apple P2P payments service nears launchApple P2P payments service nears launch
8669 views comments | 19 tweets | 27 linkedin
SBI Ripple Asia advances on South KoreaSBI Ripple Asia advances on South Korea
8589 views comments | 16 tweets | 1 linkedin
ISO 20022: The common language of choiceISO 20022: The common language of choice
8353 views comments | 1 tweets | 2 linkedin

Featured job

Competitive base, commission, benefits
London, UK

Find your next job