Mitek Systems, Inc (NASDAQ:MITK), which happens to be one of the top companies globally in mobile capture and identity verification software solutions has today moved forward to make the much waited for announcement.
It revealed that indeed a leading Canadian provider of affordable borrowing solutions for consumers had unveiled its intention to move ahead and actually integrate Mitek’s Mobile Fill® into its mobile web application and it as a matter of fact believes that will go quite a long way towards assisting all its employees in its wide range of retail stores get to streamline the latest applications for consumer financing.
The Chairman and CEO at Mitek, James DeBello, while making a statement outlined, Mobile Fill dramatically improves the lending application experience for both consumers and in-store employees. The faster, easier experience will ultimately lead to more new accounts, which has economic value to both the lender and the retailer.”
One of the most special aspects about Mobile fill lies in the fact that with it, it becomes much easier to move ahead and snap a picture of the identity document of any given applicant. What follows after that is the direct uploading of the data in the document into the application form.
You will be sure to love the fact that you will be able to save on time considering that you will have done away with the usual time consuming and paper prone errors that are associated with the paper application process.
Mobile Fill operates under a complex and sophisticated principle that incorporates a wide array of the machine learning algorithms in the bid to get to capture, extract, classify as well as pre-fill data from the identity document.
According to the company’s insiders, it has been revealed that indeed consumer borrowing has actually upheld healthy growth in Canada, which in one way or the other can translate into increased competition among the wide range of firms offering different consumer financing programs .This is a crucial moment and the provider is doing all within its means to see to it that it is able to attract as well as enroll new customers.
