Mitek Systems — KYC & AML

Mitek Systems — KYC & AML logo
Technological leader in mobile capture and facial biometrics for automatic identity validation in high-security digital environments.
Mitek Systems, established in 1986 and headquartered in San Diego, California, operates within the compliance sector, specifically focusing on KYC-AML solutions. The company provides digital identity verification technologies globally, with a significant presence in the US, Europe, and Latin America. Its offerings address the need for secure identity validation in digital environments, serving a client base that includes major global banks, Tier 1 iGaming operators, and payment platforms. The company's core product suite comprises Mobile Verify, Face Comparison, Liveness Detection, and Document Validation. These products are designed to automate identity verification processes, leveraging mobile capture and facial biometrics. The approach aims to streamline customer onboarding and transaction security by authenticating user identities against various data sources and behavioral patterns. Mitek Systems holds Digital Verification Technology Authorization and maintains certifications such as FIDO2, ISO 27001, and SOC 2 Type II, indicating adherence to specific security and operational standards. In the iGaming sector, Mitek's technology assists operators in meeting regulatory requirements for player identification and anti-money laundering protocols. The automation of identity checks, including document verification and liveness detection, intends to reduce manual review times and enhance the accuracy of identity assessments. This capability is particularly relevant for operators managing a high volume of new account registrations and financial transactions across different jurisdictions. With an employee base of 500-1000 professionals, Mitek Systems positions itself as a provider of specialized technology for identity validation. The company's focus on biometrics and mobile capture for digital verification distinguishes its offerings within the broader compliance category. Its solutions aim to provide a balance between user experience and stringent security demands for businesses operating in regulated digital environments.
Mitek Systems - Technical Sheet
Founded1986
HQSan Diego, California, Estados Unidos
CountryEstados Unidos / Global
CitySan Diego
Employees500-1000
LicensesDigital Verification Technology Authorization
CertificationsFIDO2 Certified, ISO 27001, SOC 2 Type II
ProductsMobile Verify, Face Comparison, Liveness Detection, Document Validation
Emailsales@miteksystems.com
Phone+1 619 269 6800
Webhttps://www.miteksystems.com

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Frequently Asked Questions

What is Mitek Systems and what part of the KYC/AML process does it specialize in?
Mitek Systems is a global provider of digital identity verification solutions. In the context of KYC (Know Your Customer) and AML (Anti-Money Laundering), Mitek specializes in identity verification, biometrics, and document authentication. Its technologies are crucial for iGaming in Argentina, enabling operators to comply with regulations by ensuring users are who they claim to be, preventing fraud and underage access, and optimizing new player onboarding securely and efficiently.
How does Mitek Systems' identity verification engine work and what technologies does it use?
Mitek Systems' verification engine operates through a combination of artificial intelligence (AI), optical character recognition (OCR), and liveness detection. AI analyzes patterns and anomalies, OCR extracts data from identity documents, and liveness detection verifies that the person is real and present. This advanced process enables rapid verification, often in seconds, reducing user friction and improving operational efficiency, which is essential for the iGaming platform experience in Argentina.
What certifications and regulatory compliance does Mitek Systems hold that are relevant to iGaming?
Mitek Systems complies with strict security and privacy standards, including the General Data Protection Regulation (GDPR), and while its direct application is in Europe, its privacy principles are adopted globally. It also holds certifications such as PCI DSS (Payment Card Industry Data Security Standard), which is essential for secure transactions. For iGaming in Argentina, Mitek aligns with provincial gaming regulations and international best practices, ensuring a robust framework for identity verification and fraud prevention.
Which iGaming operators use Mitek Systems in Latin America and what are the typical results they achieve?
Various leading iGaming operators in Latin America, including the regulated markets of Brazil and Colombia, rely on Mitek Systems for their verification processes. While specific names are often confidential, typical results include significantly high identity approval rates, often exceeding 90% for legitimate users, and a drastic reduction in fraud attempts, decreasing by 70% or more. This optimizes the user experience and protects the integrity of gaming platforms.
What is NFC, how does Mitek Systems use it to verify identity documents, and which IDs does it support?
NFC (Near Field Communication) is a short-range wireless communication technology that enables data exchange between devices. Mitek Systems uses NFC to securely read the embedded chip in electronic identity documents, such as the latest generation of Argentine ID cards. By scanning the ID card with a compatible device, Mitek accesses the data stored on the chip, ensuring the authenticity of the document and the identity of the holder. It supports the ID cards issued in Argentina since 2012 that include an NFC chip, offering robust and tamper-proof verification.