The agreement includes Mitek MiSnap, a touch-free mobile capture experience that provides real-time feedback to users until a suitable image is detected and then automatically captures the image.
Mobile Photo Bill Pay for financial institutions enables bill payment by automatically extracting relevant data from a photo of a paper bill coupon and auto-populating the fields of the mobile bill pay app. The same solution enables no login bill pay for organizations such as telecoms, utilities, credit card companies, healthcare and other B2C service providers. For this use case, the consumer takes a photo of bill coupon without having to login to facilitate a direct payment.
In recent news, Mitek has teamed up with financial institution FirstBank to provide the bank’s customers with Mobile Photo Bill Pay solution.
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