Mitek Systems (MITK) Announces Check Fraud Defender

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Go back to Mitek Systems (MITK) Announces Check Fraud Defender

Mitek Adds New Defense for Banks to Combat Rising Check Fraud

April 18, 2023 9:46 AM EDT

Sophisticated check liveness ensures authenticity via mobile API

Whats fake and whats real? Thats a question we are all asking ourselves at the moment, and with good reason. Check fraud is on a dramatic rise. AI has exploded. And fraudsters will always look to take advantage. Fortunately, innovators in machine learning are already using liveness technology to ensure authenticity. In this case, thats the authenticity of a check. Financial institutions that take advantage of these latest advancements will stamp down check fraud and reduce their losses.

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