Identity verification may reduce cost of compliance by up to 70% for digital lenders

Autonomous NEXT whitepaper finds lenders deploying AI-powered identity verification could reduce Know Your Customer and Anti-money Laundering costs by up to 70%, and improve speed by 80%San Diego, USA and London, UK, 19th November 2018 – A whitepaper released today by Mitek (NASDAQ: MITK), authored by Fintech research practice Autonomous NEXT found that the opportunity is ripe for digital lenders to grow – if they continue to invest in digitisation. The whitepaper, entitled ‘European Digital... Source: RealWire