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Mitek Unveils Update For Mobile Banking Deposits

PYMNTS

Mitek , which provides software and authentication services, said it has upped its game with its release of Mobile Deposit 4.8, a mobile banking app. Its Mobile Deposit solution has been licensed by more than 6,400 financial institutions. Premier” checking account customers.

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Getting Stimulus Funds To Those Who Need Them — Without The Paper Check

PYMNTS

In an interview with Karen Webster, Kathryn Cleary, Mastercard’s senior vice president of business development for North America, pointed out that push payments offer a cleaner authentication path and requires less sensitive user data — where the 16-digit card account number acts as the authenticator. They steal checks.

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Mobile to the Max

FICO

This week’s reveal: prior to March 2020, I had never used the mobile deposit feature of the banking app on my phone. Since then, I’ve deposited nearly a dozen checks using this nifty capability. Second, after I figured out how to use mobile deposit the first time, I asked myself, “Why did I ever go to the bank?

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Paper Checks, COVID-19 And The Flaw With Analog Relief Payments

PYMNTS

The government has digital disbursements — for tax refunds, for Social Security payments and the like — but those all require a registration process for consumers that gives the government both access to an email account to reach them and a mechanism to authenticate them and the accounts they want their funds deposited to.

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Are Banks Keeping Pace With The Speed Of Innovation?

PYMNTS

Just in terms of the biometric authentication, we’ve gone from the fingerprint authentication, which really only happened a couple years ago with Apple Pay as the tipping point, to here we are, 24 months later, and facial recognition is now starting to really catch up. The industry just has to have it.

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

Finovate

In addition to its solution for check fraud, Mitek also offers a low code identity verification solution, an biometric authentication solution MiPass , and Mobile Deposit , the company’s mobile remote deposit capture offering. Today, 99% of U.S.

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Connecting Small Banks To The Mobile Future

PYMNTS

We hear from some that they have one app for mobile banking, another one for mobile deposit and a third for mobile enrollment. “When we talk with banks, they are relying on whatever one of the big four core providers offers in most cases,” Fossella noted. “We This is first-generation stuff.”.