Mitek Systems Inc., a provider of identity-verification technology, is teaming up with DarkTower, the cyber-intelligence division of Davidson, N.C.-based IT consultancy Queen Associates, to combat account fraud and identity theft.
The partnership grew out the increasing role criminal marketplaces on the dark Web are playing in account and check fraud, as well as identity theft. Criminals turn to such marketplaces to purchase personal consumer and account data, according to the two companies.
The partnership will give customers of Mitek’s Check Fraud Defender real-time access to compromised account data. Check Fraud Defender uses artificial intelligence and machine learning to score 18 check attributes beyond account data to identify potential fraud and identity theft.