Mitek Expands Relationship With NCR - Quick Facts

(RTTNews) - Mitek (MITK), an innovator of mobile imaging for financial transactions and identification, said it has expanded its relationship with NCR, engaged in consumer transaction technologies, to include mobile imaging solutions for account opening, which features funding and trailing document submission.

As per the new license agreement, NCR will sell Mitek's Mobile Photo Account Opening with Mobile Photo Funding and Mobile Photo Documents. The agreement also includes Mitek MiSnap, the company's automatic image capture technology used by millions of Mobile Deposit users.

Steve Nogalo, vice president and general manager, Payment Solutions, NCR, said, "Mobile account opening provides a convenient and reliable method for engaging customers and further enhancing the value of their mobile banking platforms."