Mitek Systems Inc. has launched a single platform for remote deposit check capture and has formed a partnership that will help banks using its product fight duplicate-check fraud, the San Diego-based company announced Sept. 27.
The software, called MitekOne Enterprise Deposit Platform, combines all of a bank's remote-deposit systems, including those run from mobile devices, home and teller flatbed scanners, ATMs and back-office hardware.
"The goal is to achieve performance efficiencies through a single, consolidated platform," says Louise Steller, Mitek vice president of sales.
Mitek also announced that it will work with Early Warning Services, a consortium of five top U.S. banks, to share information about duplicate checks.
Mitek's technology can identify images of checks that have already been deposited at a single financial institution. It then immediately messages back to consumers that they can't deposit them. Early Warning Services scans for duplicates across companies.
"We are doing a very simple, binary 'yes' or 'no' duplicate check-detection offering," Steller says.
In connection with remote deposit capture, duplicate checks represent the most widely discussed fraud among bankers, according to a September white paper on remote deposit capture from Alixpartners, formerly Mercatus LLC.
