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Mitek enables ANNA Money to increase new customer acquisition by 25% in 3 months

Betty Tűndik

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Photo source: thepaymentgateway.co
Reading Time: 3 minutes

 

Mitek (NASDAQ: MITK, www.miteksystems.com) today announced that ANNA Money, the business-account app for startups and small businesses, has doubled the speed of its customer onboarding process and achieved its target of 25% more new customers in the digital channel in just three months – as a result of integrating Mitek’s Mobile Verify® digital identity verification.

“Our customer base of UK startups, sole traders and SMEs use our services to help their business cash flow. We support our customers with their financial admin, sending and chasing invoices to facilitate payments – but first, we have to onboard them efficiently and securely, and in compliance with Know Your Customer (KYC) regulations,” said Daljit Singh, Chief Design Officer at ANNA Money. “Our previous process had many roadblocks for onboarding new customers, and we were seeing abandonment rates climb.”

“As our customers take their first step on their entrepreneurial journey, we needed to provide a simple and efficient process,” Singh explained. “To do so, we required a much more flexible identity verification provider who could verify all types of ID – including driving licences and ID cards. In Mitek, we found a partner whose technology enables our customers to sign up to the service quickly, on the go, and without unnecessary bureaucracy.”

ANNA Money chose Mitek’s Mobile Verify®, and integrated this technology into their chatbot-style onboarding process in August 2018. It’s intuitive customer experience guides customers to take accurate pictures of identity documents, to instantaneously assess the authenticity of the identity to accelerate the onboarding process and ensure regulatory compliance. “By improving our process and empowering new customers to use their chosen form of ID, we have doubled the speed at which we can onboard customers,” said Singh. “We have also been able to reach our target of increasing our customer base by 25% in only three months. We wouldn’t have achieved this important milestone without these improvements to our identity verification process.”

“Identity verification is vital to comply with regulation and protect businesses – but this doesn’t need to come at the expense of good customer experience,” said Rene Hendrikse, EMEA MD at Mitek. “Speed and flexibility are crucial for small businesses selecting new services, and ANNA Money recognised the need to provide this for new customers. We are delighted to support them on reaching their targets for customer growth, and are proud to play a key role in ANNA Money’s innovative services for small businesses.”

 

About Mitek
Mitek (NASDAQ: MITK) is a global leader in mobile capture and digital identity verification solutions built on the latest advancements in AI and machine learning. Mitek’s identity verification solutions enable an enterprise to verify a user’s identity during a digital transaction, which assists financial institutions, payments companies and other businesses operating in highly regulated markets in mitigating financial risk and meeting regulatory requirements while increasing revenue from digital channels. Mitek also reduces the friction in the users’ experience with advanced data prefill and automation of the onboarding process. Mitek’s innovative solutions are embedded into the apps of more than 6,100 organizations and used by more than 80 million consumers for mobile check deposit, new account opening and more. Learn more at www.miteksystems.com.

About ANNA Money
Absolutely No Nonsense Admin
ANNA is a hybrid digital assistant that helps with your business admin. ANNA is an app, a card and a business account.

As well as tracking your own finances, ANNA can send and pay invoices. This is done using email, which the AI can analyse to learn how much you’re owed, by whom, and chasing them (politely) when they’re due. Likewise, when users receive an invoice, they can forward the details onto Anna, which will prepare any payment instructions and fill in information like surnames and sort codes so that the payment is ready to be made whenever needed.

From running banks to designing award-winning brands and working with state-of-the-art technology, the team behind ANNA is made up of design, marketing and tech experts from across the world. We see a future where businesses get time and the support they need to grow and prosper. A future where ideas, creativity and innovation are encouraged and running a business is fun. So we created Anna to provide businesses with time-saving tools that enable them to spend more time doing what they love.

Hi everyone! Nice to e-meet you! Here are a few things you should know about me.


I am a conscientious, open minded, adaptable to new experiences and ambitious Business Development Manager with a Bachelor's Degree in Economics - Banking, Finance and Accountancy. Through my studies I've also obtained many naturopathic and nutrition degrees as well. Part-time jobs have added marketing, network marketing, event management and store management skills to my experience through my career.


Through my career I have also been a Hotel Manager and owned a Bar/Restaurant & Internet Cafe. My online marketing and social media interactivity experience was gained when me and my husband started a business with an online/organic webshop & healthy lifestyle consultancy.


I've improved my English at Cambridge Academy of English - 2003, in Cambridge. I live a conscious lifestyle, and try to protect the ecosystem. Animal lover and capable of helping others without judgement or negative reactions, this is thanked to my knowledge in holistic therapies and the naturopathy courses I've followed.


I cannot leave far my spiritual growth and the continuous development in alternative and holistic therapies, so I'm learning at Kyron School of New Consciousness, receiving a Bio Energo-therapist diploma.


Thanks to all my experiences I've decided to venture into publishing and writting, while also continuing to learn many new things daily. I hope you enjoy reading my hand picked PICANTE News and check back for my weekly articles. You can find my articles and news digests in the following categories:


FOOD & BEVERAGES, ANIMALS/PETS, ANIMAL WELFARE, CANNABIS, ENTERTAINMENT, HEALTH CARE/HOSPITALS, CONSUMER & COSMETICS, ART, HEALTH AND LIFESTYLE, ALTERNATIVE ENERGIES, BEVERAGES, ALTERNATIVE MEDICINE, COSMETICS AND PERSONAL CARE, AGRICULTURE, and many more.



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Banking/Financial Services

Ric Edelman’s Advisor Blockchain and Cryptoassets Council Kicks off Barron’s Independent Advisor Summit

Vlad Poptamas

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Reading Time: 1 minute

 

Ric Edelman, one of the nation’s most prominent financial advisors and creator of The Advisor Blockchain and Cryptoassets Council, held the third meeting of this growing group of influencers on March 20 at the Grand America Hotel in Salt Lake City.

Firms presenting at the event included Multicoin Capital, Bitgo, Digital Assets Data, FRST Corporation, ZenLedger, Gemini and Perkins Coie.

Immediately following the morning meeting, ABCC partnered with Barron’s to stage the Blockchain and Cryptoasset pre-event, in conjunction with the Barron’s Top Independent Advisor Summit. The event offered Continuing Education Credits to those in attendance.

Nearly 80% of the financial advisors attending the event said they know little to nothing about blockchain and cryptoassets, and 97 percent said they do not recommend cryptoassets to clients.

“The lack of knowledge by so many of the nation’s leading financial advisors demonstrates the urgency of teaching advisors about this important emerging asset class,” said Edelman, who has been named three times by Barron’s as the nation’s #1 Independent Financial Advisor. He noted that 80 percent of the advisors surveyed said clients are asking them about cryptoassets and added, “Advisors who can’t answer their clients’ questions about bitcoin will lose credibility with their clients, and they may end up losing the clients.”

Edelman gathered experts from many of the leading firms in the field. Kingdom Trust was the premiere sponsor. Additional sponsors included Bitwise Investments, Blockforce Capital, Fidelity Digital Assets, Grayscale Investments, Orion Advisor Services, Pantera Capital, State Street Global Advisors and Van Eck.

ABCC is developing additional conferences. To learn more, go to www.advisorbcc.com.

 

SOURCE Advisor Blockchain and Cryptoasset Council

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Banking/Financial Services

CoinAll Launches a New-User Campaign to Expand Community

Vlad Poptamas

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Photo source: lawyersweekly.com.au
Reading Time: 2 minutes

 

CoinAll has today announced the launch of a new user campaign which will last a month and features a 10,000 USDT bonus pool. Users who complete the two-task mission will have a chance to share in the bonus. The campaign comprises two tasks. In task one, new users have to register on CoinAll and pass KYC1 verification. In the second task, new users need to deposit CoinAll-listed cryptocurrencies into their accounts. Upon completion of the two tasks, they will get the bonus. The campaign is open to all digital asset traders from around the world.

“Community is the foundation of CoinAll. We hope to make it larger and stronger. Together with our users, we endeavor to make the industry better in the near future,” said Katherine Deng, General Manager of CoinAll.

CoinAll is a community-driven exchange, which means the users of the CoinAll community have the power to influence the development of the exchange. CoinAll also launches various promotions for the community as well.

For example, the blockchain quiz show “Who Wants to Be a COINALL-inaire” hosted in March, featured the industry’s first “decentralized question bank” and attracted hundreds of thousands of participants. By answering 10 questions correctly, users could take home hundreds of USDT in prizes. While enjoying the fun and bonuses, users also broadenedtheir knowledge about blockchain technology.

By offering a variety of campaigns, CoinAll has rapidly established a community of tens of thousands of members.

Besides community development, CoinAll also spares no effort in offering high-quality blockchain projects to traders. For example, COSM, which will be supported by Samsung’s latest flagship smartphone and is the first dApp partner of Samsung, was one of the very first offerings by the exchange. CoinAll has also listed other well-received projects such as BTT, ZIL, ONT, and Grin.

As an fast-emerging exchange, CoinAll was recognized as the first strategic partner of OKEx, the top-class exchange in the worldCoinAll is showing great ambition, pledging to become top-20 exchange in the world within 1 year with the help of OKEx.

“We feel grateful to our users,” said Katherine Deng. “And we want to give back to our community and make it larger and stronger. This time, our new campaign also reflects our great determination that CoinAll will continuously offer projects of high quality and good trading experience to global users.”

 

SOURCE CoinAll

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Banking/Financial Services

Maxonrow Invites Developers to Build their Own Wallet

Vlad Poptamas

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Reading Time: 2 minutes

 

Maxonrow is inviting the global developer community to participate in its Maxonrow Community Wallet Contest. Through the contest, participants will get a unique chance to become a part of the Maxonrow Developer Community and have their work featured in their upcoming official wallet release.

Up To 5,000 USDT Reward for Developers

Signing up to the contest is now available through the contest page and submissions will be accepted starting April 24th. Consequently, the winners will be announced on May 15th. The first place winner will receive 5,000 USDT, the second place winner 4,000 USDT and the third place winner will receive 3,000 USDT. There are also two spots for fourth place which will receive 2,000 USDT each and ten consolation prices at 500 USDT each. The contest submission date is subject to change depending on the number of applications submitted.

The Maxonrow Community Wallet Must Be Developed using the Maxonrow Beta SDK V1.0

Maxonrow is asking participants to build a wallet that can run on both iOS and Android, preferably developed using an UI Framework and have excellent user experience navigation.

The wallet must be built using the Maxonrow Beta SDK V1.0 available for download on the contest landing page. In addition, the Wallet App needs to have at least the following functions and features: Wallet Creation (protected by PIN/Password/Fingerprint), basic KYC, get free Token (Faucet), Wallet Account Summary, ability to send and receive tokens, a transaction history, and user profile. Any additional wallet features will be a bonus point.

Maxonrow is Looking for Developers to Stand a Chance to Become a Part of Their Team

“We would like to invite talented and passionate developers with creativity to join our Wallet contest, and stand a chance to be part of our excellent team,” said Carlo Chung, Maxonrow’s Technical Director. He added “participants need to add a source code submission via public GitHub repository link with readme.md (Build, Installation, Run), all libraries used must follow Open Source License (GNU, MIT, etc.) and if you want bonus points, provide us both APK download link and test flight link (or either one).”

 

SOURCE Maxonrow

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