Abrigo And Mitek Partner To Enhance Fraud Detection For Financial Institutions
Portfolio Pulse from Benzinga Newsdesk
Abrigo, a provider of compliance, credit risk, and lending solutions, has partnered with Mitek Systems (MITK), a global leader in digital identity verification solutions, to enhance fraud detection capabilities for financial institutions. This partnership will integrate Mitek's identity verification technology into Abrigo's platform, aiming to improve the accuracy and efficiency of fraud detection processes for their clients.
November 28, 2023 | 5:05 pm
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Mitek Systems (MITK) partners with Abrigo to provide enhanced fraud detection solutions for financial institutions by integrating its identity verification technology into Abrigo's platform.
The partnership with Abrigo is likely to be seen as a positive development for Mitek Systems (MITK), as it could lead to increased adoption of their identity verification technology. This could potentially result in higher revenues and an enhanced market position in the fraud detection space, which may positively influence MITK's stock price in the short term.
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