eDOC Partners with Mitek for Mobile Deposit

Mitek (NASDAQ:MITK) and eDOC Innovations announced a partnership to bring Mitek’s Mobile Deposit and its advanced risk mitigation features to eDOCMobile RDC.

Mitek is a global leader in mobile capture and digital identity verification solutions while eDoc is a leader in mobile enterprise digital transaction management and ecommerce software. The companies said that the enhancements to eDOCMobile is in response to growing credit union demand.

As quoted in the press release:

The enhancements to eDOCMobile RDC is in response to growing credit union demand, which over the past year has nearly tripled, for mobile deposit capabilities in their mobile banking apps.

“With the rapid growth in our RDC processing and the desire to provide our clients with the latest in check image qualification features, we partnered with the industry leader, Mitek,” stated Mark Fierro, COO of eDOC Innovations. “In the coming months, we will be releasing new features that will help credit unions mitigate risk of check fraud with restrictive endorsement detection and support for Harland Clarke PhotoSafe Checks.”

“Mobile Deposit is the feature that has helped grow mobile banking into the industry it is today, and we continue to drive innovation for both financial institutions and consumers. We are pleased to partner with eDOC Innovations who has a long history of bringing powerful new technology to credit unions,” said Michael E. Diamond, GM and SVP Payments at Mitek.

Click here for the full press release.