Financial institution executives have grumbled for several years about persistent fraud in mobile remote deposit capture.
Now, the San Diego-based Mitek, which owns many key MRDC patents, has announced the availability of tools designed to reduce fraud in the channel.
Called Restrictive Endorsement, the service will be made available to financial institutions, generally through Mitek resellers starting Nov. 3, Sarah Clark, Mitek vice president, said.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.