Mitek partners with FICO to offer identity verification on marketplace
Mitek Systems Inc. (NASDAQ: MITK) announced its Mitek Verified Identity Platform is now available on FICO Marketplace, the analytics software company's platform for enterprise decisioning tools.
The partnership allows enterprises using FICO Platform to integrate Mitek's identity verification technology into their fraud detection and risk assessment workflows. The platform addresses challenges from sophisticated fraud tactics including AI-generated deepfakes, biometric spoofing and synthetic identity attacks.
"Bringing the Mitek platform into the FICO Marketplace enables enterprises to deploy high-assurance identity verification faster and integrate trusted identity signals directly into business critical decisioning," said Garrett Gafke, chief operating officer at Mitek Systems.
The integration enables organizations to deploy identity verification capabilities across digital onboarding, account recovery and ongoing authentication processes. FICO Marketplace operates within FICO Platform and provides access to pre-vetted data, analytics and AI models from third-party providers.
"This partnership connects Mitek's identity intelligence directly into FICO's decisioning layer through FICO Marketplace, giving enterprises the ability to translate identity assurance into faster, more confident decisions," said Jason Andrew, chief revenue officer at FICO.
Mitek provides digital identity verification and fraud prevention services to more than 7,000 organizations. FICO (NYSE: FICO) develops predictive analytics and data science solutions for financial services, insurance, telecommunications and other industries.
The information is based on a company press release.
