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Mitek and Kony Collaborate On Mobile Photo Bill Pay

The collaboration is designed to extend Mitek's distribution reach.

Mitek Systems and enterprise mobility company Kony today announced a collaborative agreement to deliver Mitek's Mobile Photo Bill Pay solution, which includes Mitek's MiSnap, a touch-free mobile capture experience that provides real-time feedback to users until a suitable image is detected, and then automatically captures the image.

The collaboration will extend Mitek's distribution reach while leveraging Kony's expertise in mobile solution integration, the companies said. In addition of offering mobile photo bill pay for financial institutions, the solution also enables no-login bill pay for large organizations such as telecoms, utilities, credit card companies, healthcare and other B2C service providers. For this use case, the consumer takes a photo of bill coupon without having to login to facilitate a direct payment, according to Mitek.

"Our collaboration with Mitek ensures that we can deliver a photo bill payment solution that is truly optimized for our award-winning mobile application platform," said Sriram Ramanathan, CTO at Kony Inc in a statement. "This integrated, end-to-end solution will be easy for organizations to implement so they can quickly capitalize consumer demand for mobile bill pay."

[Related: Mitek, Experian Partner on Mobile Account Opening Solution]

Bryan Yurcan is associate editor for Bank Systems and Technology. He has worked in various editorial capacities for newspapers and magazines for the past 8 years. After beginning his career as a municipal and courts reporter for daily newspapers in upstate New York, Bryan has ... View Full Bio

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Byurcan
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Byurcan,
User Rank: Author
12/17/2013 | 3:37:50 PM
re: Mitek and Kony Collaborate On Mobile Photo Bill Pay
Me too, I'm like the Unfrozen Caveman Lawyer. For all I know, there are tiny men inside the phone that take the check to the bank.
Becca L
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Becca L,
User Rank: Author
12/16/2013 | 6:32:17 AM
re: Mitek and Kony Collaborate On Mobile Photo Bill Pay
Mobile deposits still impress me. Every time I deposit one I can't believe it actually worked, so the thought of mobile bill-pay makes me downright giddy. I hope it comes to market and widely adopted soon.
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