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Mitek Systems Reviews & Product Details

SJ
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
What do you like best about Mitek Systems?

Account and Customer Sucess Team has been consistent and helpful over a range of issues. Review collected by and hosted on G2.com.

What do you dislike about Mitek Systems?

Detection of high-quality fake IDs, support of some document issuers, speed in adding new docouments Review collected by and hosted on G2.com.

What problems is Mitek Systems solving and how is that benefiting you?

Document capture, authentication and data extraction. Their product enables a high assuruance enrollment process for our users. Review collected by and hosted on G2.com.

Response from Svetlana Kogan of Mitek Systems

We greatly appreciate your feedback! We’ll continue to partner closely with you for all of your identity verification needs and keep striving to stay ahead of document issuance developments and the always evolving fraud landscape.

Mitek Systems Overview

What is Mitek Systems?

Mitek (NASDAQ: MITK) is a global leader in digital access, founded to bridge the physical and digital worlds. Mitek’s advanced identity verification technologies and global platform make digital access faster and more secure than ever, providing companies new levels of control, deployment ease and operation, while protecting the entire customer journey. Trusted by 99% of U.S. banks for mobile check deposits and 7,500 of the world’s largest organizations, Mitek helps companies reduce risk and meet regulatory requirements. Learn more at www.miteksystems.com. Follow Mitek on LinkedIn, Twitter and YouTube, and read Mitek’s latest blog posts here.

Mitek Systems Details
Languages Supported
Bulgarian, Danish, German, Greek, English, Finnish, French, Haitian, Hungarian, Japanese, Latvian, Lithuanian, Dutch, Norwegian, Polish, Portuguese, Romanian, Russian, Slovak, Spanish, Swedish, Turkish
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Product Description

The Mitek Verified Identity Platform is an end-to-end KYC platform that helps companies quickly design, build, and deploy robust KYC journeys with little or no development resources. MiVIP combines facial biometrics, liveness detection, ID document validation, database checks, geolocation, digital footprint analysis, and more to provide the clearest picture of who is requesting access to a company’s services.

How do you position yourself against your competitors?

Transparent and Trusted: Mitek is one of the few publicly traded document verification companies in the world. Mitek has a long history of working with financial institutions, therefore compliance is a top priority. We provide trust and transparency in a very crowded market.

Strong Machine Learning Algorithms: Mitek’s extensive document coverage and machine learning algorithms have proven strong document conversion rates along with auto and agent review that are shown to accept more good actors while declining fraudsters

Biometrics Capabilities: Mitek is committed to being the leading document capture plus biometric solution. The ID R&D acquisition allows us to own the technology and roadmap to best support customers in the ever-evolving world of identity. Other identity document capture competitors provide this capability through partnerships.


Seller Details
Year Founded
1985
HQ Location
San Diego, California, United States
Twitter
@miteksystems
10,977 Twitter followers
LinkedIn® Page
www.linkedin.com
704 employees on LinkedIn®
Ownership
NASDAQ: MITK
Description

Mitek (NASDAQ: MITK) is a global leader in digital access, founded to bridge the physical and digital worlds. Mitek’s advanced identity verification technologies and global platform make digital access faster and more secure than ever, providing companies new levels of control, deployment ease and operation, while protecting the entire customer journey. Trusted by 99% of U.S. banks for mobile check deposits and 7,900 of the world’s largest organizations, Mitek helps companies reduce risk and meet regulatory requirements.Learn more at www.miteksystems.com.


Svetlana K.
SK
Overview Provided by:
Marketing Operations at Mitek Systems

Recent Mitek Systems Reviews

PR
Paulo R.Enterprise (> 1000 emp.)
5.0 out of 5
"Amazing custom care and continues support"
Mitek as a solid solution and excelent customer support both on issues arising but also in thecnical support and integration. The ease of implement...
ZK
Zahid K.Small-Business (50 or fewer emp.)
5.0 out of 5
"MiVIP solution....Primed for helping customers mitigate fraud"
Great solution to mitigate Identity Theft Fraud. User Interface is easy to work with and the team behind the product is always looking to improve ...
JS
Jack S.Enterprise (> 1000 emp.)
4.0 out of 5
"Mitek HooYu"
Love the simplicity & usability of the dashboard underpinned by some great technology.
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Mitek Systems Media

Mitek Systems Demo - Mitek Verified Identity Platform (MiVIP)
MiVIP: A Complete Identity Solution
Mitek Systems Demo - Mitek Verified Identity Platform (MiVIP)
MiVIP: A Complete Identity Solution
Mitek Systems Demo - MiPass biometric authentication
MiPass affirms your customers identities in seconds using multi-modal biometrics.
Mitek Systems Demo - MiPass biometric authentication
Multimodal authentication is virtually impenetrable.
Mitek Systems Demo - Mobile Verify®
Mobile Verify combines linked and layered automated technologies with the world’s top forensic experts to quickly detect identity fraud and verify customers faster and more accurately.
Mitek Systems Demo - MiControl Fraud Management Console
The Mitek Fraud Platform allows for business rules and controls to be set for specific roles within your institution, allowing for quicker decisioning, better workflow, and fewer false-positives.
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17 out of 18 Total Reviews for Mitek Systems

4.5 out of 5
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Mitek Systems Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for Mitek SystemsQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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John F.
JF
Northwest Chapter President & Board of Director
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Mitek Systems?

Since implementing Mitek, we have cut our losses for inclearing check fraud very quickly. I like that Mitek can work and adapt to our data and have the ability to do real time reviews. our other system is not real time nor can it be configured real time at this time. Implementation was not a hard process, which made the process less stressful. In addition, Mitek is always willing to listen to our ideas on how to make their system even better. They really focus on their customers and their needs. Review collected by and hosted on G2.com.

What do you dislike about Mitek Systems?

My experience has been very positive with Mitek, but like any vendor, there are things to maintain and enhance. While Mitek has been around for sometime, they are constantly updating their systems with new releases of new features and at times those releases have not been fully successful. It is taking sometime to get additional features that are critical to be successful. Another thing that could be better is the opportunity for the customer to manage their own rules vs. Mitek employee solely responsible. Review collected by and hosted on G2.com.

What problems is Mitek Systems solving and how is that benefiting you?

Inclearing check fraud as caught and prevented over one million dollars in less than 6 months Review collected by and hosted on G2.com.

Response from Svetlana Kogan of Mitek Systems

Thank you for taking the time to share your experience with us. It has been a pleasure working with you and your team, and your review is highly valued by our team. We appreciate your valuable feedback.

Daniel T.
DT
Digital Product Owner
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Mitek Systems?

As a user of Mitek’s identification solution, i am impressed with the product and their understanding of our needs and commintment and their ongoing support when we need it

- A user friendly customer experience that is easy and simple to navigate round whether this is on a desktop or mobile device

- A simple document verification process: the verification process is so simple to use, whether you are the person uploading the document, or you are the end user reviewing the document provided and deciding to accept or decline these document. The verification product help with identifying document and anti-impersonation issues and also reduces operational impacts by being able to spot suspect documents as early as possible.

- Mitek’s support team. Whenever we’ve encountered an issue or needed clarification, their speed of response and knowledge of a solution is a huge help and really impressive.

- Supporting regulations and keeping us safe As a financial institution, it helps mitigate financial risk and ensures our compliance with regulatory requirements. Knowing that our identity verification processes align with industry standards gives us peace of mind. Review collected by and hosted on G2.com.

What do you dislike about Mitek Systems?

Dont really have an answer to this, all my interactions with Mitek are positive Review collected by and hosted on G2.com.

What problems is Mitek Systems solving and how is that benefiting you?

being able to complete enhance indentification verfication of onboarding new customers Review collected by and hosted on G2.com.

Response from Svetlana Kogan of Mitek Systems

Thank you for taking the time to leave a review on your experience with us. It is a pleasure for our team to collaborate with you and your colleagues. Your review is greatly valued and appreciated.

Verified User in Consumer Services
EC
Enterprise(> 1000 emp.)
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Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Mitek Systems?

Technology innovation in Mobile Verify & MiViP which is widely recognized in the industry. Solutions are designed with high security standards and compliance in mind; support the business to comply with the regulatory requirements. The products are designed to offer seemless and user-friendly experiences. Mitek has a strong market presence; in every continent on the globe, which is a testament to the reliability and effectiveness of their solutions. Review collected by and hosted on G2.com.

What do you dislike about Mitek Systems?

Cost is always a point of contention; higher cost is a barrier to customer adoption, limiting the market reach. Since the solution is heavy on PII data, it would be nice if the back end services can be hosted on the client network which would minimize privacy's concerns data in transit. Review collected by and hosted on G2.com.

What problems is Mitek Systems solving and how is that benefiting you?

It is solving the risk ofidentifying fraudulent documents that are used for new account openings and re-verification.

We are seeing a reduction in False Acceptance Rates. Review collected by and hosted on G2.com.

Response from Svetlana Kogan of Mitek Systems

We greatly appreciate you taking the time to share your experience with us. It's always a pleasure collaborating with you and your colleagues, and your review means a lot to our team. Thank you for your feedback.

JS
Risk product manager
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
What do you like best about Mitek Systems?

Love the simplicity & usability of the dashboard underpinned by some great technology. Review collected by and hosted on G2.com.

What do you dislike about Mitek Systems?

No major issues with how it works or performs Review collected by and hosted on G2.com.

What problems is Mitek Systems solving and how is that benefiting you?

Identity document capture and online verification helps us comply with anti-money laundering regualtions, whilst that and the supporting checks/technology behind it also protect against fraud. Review collected by and hosted on G2.com.

Response from Svetlana Kogan of Mitek Systems

Thank you for providing your feedback. Your input is invaluable to us and is sincerely appreciated!

ZK
Chief Product / Technology Officer
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Mitek Systems?

Great solution to mitigate Identity Theft Fraud. User Interface is easy to work with and the team behind the product is always looking to improve on the solution Review collected by and hosted on G2.com.

What do you dislike about Mitek Systems?

The solution could improve on better insights to be displayed in the response (endpoint) to provide a better experience when there is a declination or issue with the ID. Review collected by and hosted on G2.com.

What problems is Mitek Systems solving and how is that benefiting you?

Identity Theft (True Name Fraud) - reducing the risk of Auto Finance Fraud Review collected by and hosted on G2.com.

Response from Svetlana Kogan of Mitek Systems

Thank you for your feedback! We’re glad our platform has been effective in mitigating identity theft fraud and that you find the user interface easy to work with. We appreciate your suggestions and have passed them on to our product team. Your trust in us is highly valued, and we look forward to continuing our partnership.

Sunil M.
SM
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Mitek Systems?

Instant identity verification with document checks & facial recognition

Ability to support global customer base

Great support from Mitek customer success and tech teams Review collected by and hosted on G2.com.

What do you dislike about Mitek Systems?

Mostly positive experiences, not much to dislike. Review collected by and hosted on G2.com.

What problems is Mitek Systems solving and how is that benefiting you?

Verify customers in advance so that they can bypass rental counter during rental vehicle pickup Review collected by and hosted on G2.com.

Response from Svetlana Kogan of Mitek Systems

Thank you for taking the time to share your experience with us. Our team greatly enjoys collaborating with you and your colleagues. We appreciate your review.

PR
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
(Original )Information
What do you like best about Mitek Systems?

Mitek as a solid solution and excelent customer support both on issues arising but also in thecnical support and integration. The ease of implementation and use is also worth mentioning. Review collected by and hosted on G2.com.

What do you dislike about Mitek Systems?

There are not mutch to dislike. I maight refer price but even that is fair. Review collected by and hosted on G2.com.

What problems is Mitek Systems solving and how is that benefiting you?

We use Mitek sistems solution to validate customer documentation. That allows us to prevent fraud. We are also in the implementation process of Mitek biometric authentication for app regester. Also that solution will be extremly usesful in preventing fraud. Review collected by and hosted on G2.com.

Response from Svetlana Kogan of Mitek Systems

Thank you so much for taking the time to leave a review about your experience with us! Our team truly enjoys collaborating with you and your colleagues. Your feedback means a lot to us and is greatly appreciated.

EW
Product Director
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Mitek Systems?

The high standards Mitek sets for their solutions Review collected by and hosted on G2.com.

What do you dislike about Mitek Systems?

Some solutions seem a bit more complex to understand and integrate into our own platform but I'm sure that if we dedicate more time to it, we would get to the bottom of it Review collected by and hosted on G2.com.

What problems is Mitek Systems solving and how is that benefiting you?

It really helps us win customers who need a robust identity verification of their consumers to prevent impersonation Review collected by and hosted on G2.com.

Response from Svetlana Kogan of Mitek Systems

Thank you for sharing your experience with our products. Our team truly enjoys collaborating with you and your colleagues, and we greatly appreciate your review.

Verified User in Financial Services
AF
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Mitek Systems?

Quick and seamless journey for customers to go through - the UI is self explanatory and adequately holds customers hands. Review collected by and hosted on G2.com.

What do you dislike about Mitek Systems?

False flags for "tampered bank statements" if a PDF is shared / opened on multiple devices prior to uploading. Review collected by and hosted on G2.com.

What problems is Mitek Systems solving and how is that benefiting you?

All ID checks were manual, we are saving countless days a year with mitek. Review collected by and hosted on G2.com.

Response from Svetlana Kogan of Mitek Systems

Thank you for sharing your recent experience with Mitek. We strive for best-in-class user experiences for both administrators and end users. Your feedback on areas for improvement is valuable to us. If you need assistance with any configuration adjustments, please contact us at support@miteksystems.com. We are here to help.

Verified User in Insurance
EI
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
(Original )Information
What do you like best about Mitek Systems?

Mitek Systems does a great job establishing and building strong partnerships. They proactive collaborate and take a solution-oriented approach to solving problems. Working with Mitek feels less transactionable and more like a genuine partnership where the focus is on achieving the best results. Review collected by and hosted on G2.com.

What do you dislike about Mitek Systems?

Initially, there was a struggle understanding our unique business needs and tailoring offereings to our business.

Over time, our partnership continued to evolve and the Mitek team has gained more knowledge of our business needs, which has led to streamlined discussions and more productive conversations. Review collected by and hosted on G2.com.

What problems is Mitek Systems solving and how is that benefiting you?

We are partnering with Mitek Systems to help us reduce paid fraud. Review collected by and hosted on G2.com.

Response from Svetlana Kogan of Mitek Systems

We greatly appreciate you taking the time to share your experience with us. It's always a pleasure collaborating with you and your colleagues, and your review means a lot to our team. Thank you for your valuable feedback.