Mitek Systems (San Diego) has announced the availability of Mobile Imaging Cloud, which captures extracts and routes information contained in documents and can be used to create camera-based mobile solutions that simplify the user experience for tasks such as receipt management and expense reporting, obtaining insurance quotations and flex-spending account reimbursements, and submitting prescriptions, according to a vendor statement.Created by Mitek and hosted at Amazon's multi-tenant EC2 platform, the Mitek Mobile Imaging Cloud (MIC) provides mobile application developers, systems integrators and businesses with what the vendor characterizes as a fast, cost-effective way to create smartphone and tablet apps that use the camera as an input method for a wide variety of tasks.
Mobile Imaging Cloud features Mitek's proprietary image-extraction technologies, which are used by most of the nation's top 10 retail banks for processes such as mobile check deposit, according to a Mitek statement. The vendor says that MIC is suited to enrollment applications, quotations, reimbursements and identity verifications because Mitek's extractive-imaging technology works with both paper and non-paper documents, including drivers' licenses, gift cards, receipts, invoices, tax documents and others.
Built on advanced algorithms and neural networks, Mitek's Mobile Imaging Cloud provides what the vendor calls an optimal customer experience by eliminating the need for users to type data on small keyboards. The solution replaces keystrokes with a single photo of any document from which important data is extracted and securely routed to transaction-processing systems.
MIC compensates for distortions and shadows, and optimizes the document photo to become recognition friendly, assuring the industry's highest accuracy and throughput for extracted data, according to Mitek. The user is prompted with instant feedback through real-time analytics that measure photo quality, providing a high level of customer satisfaction.
"The ability to utilize a cloud-based imaging platform to analyze and extract data from photos taken by a mobile phone or tablet is invaluable for individuals and businesses interested in developing applications for industries that want to shorten the time it takes to quickly and accurately input data by reducing the keystrokes required for data entry," comments Roger Entner of Recon Analytics, a telecom-focused analyst firm.
Anthony O'Donnell has covered technology in the insurance industry since 2000, when he joined the editorial staff of Insurance & Technology. As an editor and reporter for I&T and the InformationWeek Financial Services of TechWeb he has written on all areas of information ... View Full Bio