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Mitek Enhances Unassisted Video Verification for Spain’s Market to Combat AI-Driven Identity Fraud Amid Rising Threats

Mitek Systems (NASDAQ: MITK), a global leader in digital identity verification and fraud prevention, has announced significant upgrades to its unassisted video verification solution tailored for the Spanish market. The enhancements are designed to help regulated entities combat the growing threat of AI-driven identity fraud, including deepfakes and digital manipulation, while maintaining compliance with SEPBLAC regulations and minimizing friction in the onboarding process. In Spain, unassisted video verification has long been a mandatory requirement for financial institutions and other regulated organizations conducting remote customer onboarding. However, the nature of fraud has evolved dramatically. Attackers are now leveraging sophisticated techniques such as screen replays, synthetic identities, and AI-generated deepfakes to impersonate individuals and bypass traditional verification methods. According to national data, 89% of Spanish companies reported an increase in fraud attempts over the past year, with identity fraud remaining the top cause of corporate financial losses, as highlighted by the Asociación Española de Entidades de Crédito y Financiación (AEECF). Most of these attacks target the onboarding phase, where systems are often most vulnerable. “The threat landscape has fundamentally changed, and verification systems must evolve at the same speed,” said Marc Sabadí, Innovation Lead & Sales Manager at Mitek Systems. “Our enhancements to unassisted video verification are built on one core goal: to provide institutions with stronger, smarter protection—without slowing down the customer experience or compromising compliance.” The updated solution now incorporates advanced AI-powered detection capabilities, including real-time liveness detection, facial feature analysis, and anomaly detection to identify signs of manipulation or spoofing. It also integrates behavioral biometrics to assess user interactions during the video session, further reducing the risk of fraudulent activity. These improvements are specifically aligned with SEPBLAC requirements, ensuring that institutions remain compliant with Spain’s regulatory framework for digital identity verification. Mitek’s enhancements reflect its ongoing commitment to developing adaptive, intelligence-driven solutions that balance security, regulatory compliance, and user experience. As fraud becomes more automated, scalable, and sophisticated, Mitek is focused on delivering tools that protect critical digital interactions—from account opening and authentication to digital deposits—while enabling seamless onboarding for legitimate users. With more than 7,000 organizations worldwide relying on Mitek’s technology to safeguard customer relationships, the company continues to lead in defending real identities in an era of increasingly advanced digital threats. For more information, visit www.miteksystems.com. Follow Mitek on LinkedIn and YouTube, and explore the latest insights through its blog.

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