Financial institution executives have grumbled for several years about persistent fraud in mobile remote deposit capture.
Now, the San Diego-based Mitek, which owns many key MRDC patents, has announced the availability of tools designed to reduce fraud in the channel.
Called Restrictive Endorsement, the service will be made available to financial institutions, generally through Mitek resellers starting Nov. 3, Sarah Clark, Mitek vice president, said.
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