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Mitek Systems

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User industry
  1. Banking and insurance
  2. Healthcare and life sciences
  3. Information technology and software

What is Mitek Systems

Mitek Systems provides identity verification and digital onboarding software used primarily by financial institutions and other regulated businesses to verify customers remotely. Its platform combines document capture and OCR, liveness and face matching, and risk signals to support account opening and authentication workflows. The product is commonly embedded into mobile and web applications via SDKs and APIs, with a focus on reducing manual review while meeting compliance requirements.

pros

Strong document capture and OCR

The product includes mobile-first document capture and OCR capabilities designed for IDs and financial documents (for example, checks and identity documents). This supports automated extraction and validation steps within onboarding and verification flows. Compared with general-purpose document automation tools, it is oriented toward identity and financial use cases rather than broad enterprise content management.

Integrated identity proofing workflow

Mitek combines document verification, selfie/liveness checks, and identity matching into a single verification workflow. This reduces the need to stitch together multiple point solutions for capture, verification, and decisioning. It fits common digital onboarding patterns for banks, lenders, and fintechs that require step-up verification and auditability.

SDKs for mobile and web

The product is typically delivered through SDKs and APIs that can be embedded into customer-facing applications. This supports consistent capture quality and user experience across iOS, Android, and web channels. It is well-suited to organizations that want identity verification as a component inside their existing digital channels rather than a standalone portal.

cons

Narrower than full ECM suites

Mitek focuses on identity verification and related capture/decisioning rather than end-to-end document management. Organizations looking for broad content repository features, complex workflow automation across many document types, or records management may need additional systems. This can increase overall architecture complexity when compared with platforms built for enterprise document lifecycle management.

Implementation and tuning effort

Deployments often require integration work, UX tuning, and policy decisions around thresholds, fallback steps, and manual review. Performance can depend on document types, geographies, and channel conditions (camera quality, lighting, network). Teams typically need ongoing monitoring and adjustment to maintain pass rates and control fraud.

Best fit in regulated industries

The feature set and pricing model tend to align with regulated onboarding and authentication use cases. For smaller teams or non-regulated workflows that only need basic OCR or simple document extraction, the platform may be more than is required. Buyers should validate whether they need identity proofing, liveness, and fraud signals versus a lighter-weight capture/extraction tool.

Plan & Pricing

Plan Price Key features & notes
MiPass — Starter (Pay-per-authentication) Not publicly disclosed — contact sales Flexible, usage-based pricing; no user minimum; one-time enrollment fee per user; annual per-user fee; low per-transaction fee.
MiPass — Unlimited Not publicly disclosed — contact sales Unlimited authentications with predictable cost; no user minimum; one-time enrollment fee per user; annual per-user fee; unlimited transactions per user.
MiVIP (Verified Identity Platform) Not publicly disclosed — contact sales Enterprise identity verification/orchestration platform (KYC, CDD, EDD, document+biometrics+risk signals). Pricing not published on site; contact sales.
Mobile Fill (Mobile OCR / Data pre-fill) Not publicly disclosed — contact sales Automated ID/document capture and form pre-fill; product page provides contact/demo but no public pricing.

Seller details

Mitek Systems, Inc.
San Diego, CA, USA
1986
Public
https://www.miteksystems.com/
https://x.com/MitekSystems
https://www.linkedin.com/company/mitek-systems/

Tools by Mitek Systems, Inc.

Mitek Systems

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