Mitek Systems (MITK) Announces Check Fraud Defender
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Mitek Adds New Defense for Banks to Combat Rising Check Fraud
April 18, 2023 9:46 AM EDTSophisticated 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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