article thumbnail

DataVisor and Mitek Team Up to Help Financial Institutions Fight Check Fraud

Finovate

Additionally, the combination of Mitek’s check image analysis and DataVisor’s analysis of check and customer lifecycle data will enable users to detect a wide variety of check fraud tactics including check kiting, remote deposit capture fraud, check washing, counterfeit checks, and identity theft. Today, 99% of U.S.

Checks 59
article thumbnail

Ariba Network Adds Mobile Check Deposit Support

PYMNTS

A recent report from the Association for Financial Professionals found that check use in B2B payments actually increased by about 1 percent in 2015 compared with levels seen in 2013.

Checks 46
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Fintech Hall of Fame: The Top Digital Innovations in Financial Services

Fintech Labs Insights

Innovations from 1995 to 2014 (with launch dates) Note: Ranking as of Jan 2014 Wells Fargo is first in the world to offer Web-statement access (launched May 1995) Security First Network Bank launches first full-service Internet bank brand (Oct 1995, disbanded 2002) PayPal launches first online optimized payment system (Nov 1999, bought by eBay in 2003) (..)

article thumbnail

Why Checks Are Still Golden For High-Risk Sellers

PYMNTS

While approaching the notorious challenges of paper checks (the check is in the mail) with digital tools like email and remote deposit capture can help, industry experts largely agree that paper checks are fading out.

Checks 40