Mitek’s Identity Solutions Selected by Artilium, EU Mobile Virtual Network Provider
March 29 2017 - 7:00AM
Mitek (NASDAQ:MITK) (www.miteksystems.com), a global leader in
mobile capture and identity verification software solutions and
Artilium, a leading MVNO/MVNE solution provider in Europe,
announced today that the companies have closed a preferred
partnership to offer identity solutions to the telecom market.
Artilium has integrated Mitek’s identity solutions to streamline
the consumer registration process for prepaid mobile phone SIM
cards to meet the European legal requirements.
“Although some European citizens have electronic IDs, the clear
majority still prefer to use their traditional, physical ID
documents,” said Bart Weijermars, Chief Executive Officer of
Artilium. “New anti-terrorism laws forbid anonymous prepaid
mobile phones, and many of our telecom customers are concerned
about losing customers if the registration process is too
cumbersome. Mitek offers an elegant solution that makes the
registration process incredibly simple for consumers, enabling them
to use their physical documents for digital registration and ID
verification.”
As a MVNO/MVNE solution provider, Artilium introduced the Know
Your Customer (KYC) solution for secure and easy identification and
authentication of mobile prepaid customers. Mitek’s identity
products simplify the process consumers must undertake to register
a pre-paid mobile phone or SIM card with a telecom services
provider. Mitek’s technology expedites the application process with
data pre-fill while enabling identity verification for regulatory
compliance.
“Mandatory SIM card registration regulations are a direct
response to the use of pre-paid phones to commit acts of
terrorism,” said James DeBello, Chairman and CEO, Mitek. “Our
products enable Artilium to let legitimate customers easily
register with mobile services, which is key to their expansion into
new markets throughout Europe as more countries pass similar laws
for SIM card registration.”
About ArtiliumArtilium is a demonstrated leader
in the development of next generation communication technologies.
Artilium's strategy focuses on supporting its customers to
successfully grow their business by providing flexible, cost
effective and innovative solutions. Artilium's innovation-driven
strategy empowers telecom operators around the globe to face the
tremendous challenges ahead. We combine next-generation technology
with traditional telecom environments to create exciting new
business opportunities for our customers. This ensures that our
customers are able to keep up with rapidly evolving market demands
while simultaneously growing their businesses. Today, multiple
renowned national and international telecommunication companies
rely on Artilium to deliver voice, text and data services to about
1.5 Million end users every day. Artilium PLC is a publicly listed
software company on the London Stock Exchange (LSE/AIM: ARTA).
About MitekMitek (NASDAQ:MITK) is a global
leader in mobile capture and identity verification software
solutions. Mitek’s ID document verification allows an enterprise to
verify a user’s identity during a mobile transaction, enabling
financial institutions, payments companies and other businesses
operating in highly regulated markets to transact business safely
while increasing revenue from the mobile channel. Mitek also
reduces the friction in the mobile users’ experience with advanced
data prefill. These innovative mobile solutions are embedded into
the apps of more than 5,500 organizations and used by tens of
millions of consumers for mobile check deposit, new account
opening, insurance quoting, and more. For more information,
visit www.miteksystems.com or www.miteksystems.co.uk.
(MITK-F)
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Mitek Contact:
Ann Reichert
Senior Director of Marketing
pr@miteksystems.com
Katherine Verducci
MIX Public Relations
pr@mix-pr.com
Mitek Investor Contacts:
Todd Kehrli or Jim Byers
MKR Group, Inc.
mitk@mkr-group.com
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