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ARTA Artilium

22.80
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Artilium LSE:ARTA London Ordinary Share GB00B1L7NQ30 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 22.80 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Artilium PLC Artilium selects Mitek's Identity software

29/03/2017 12:00pm

RNS Non-Regulatory


TIDMARTA

Artilium PLC

29 March 2017

 
 For immediate release   29 March 2017 
 

Artilium plc

("Artilium" or the "Company")

Artilium selects Mitek's Identity Solutions software

to streamline mandatory SIM Card Registration

Artilium (LSE/AIM: ARTA), the AIM quoted provider of innovative telecommunications software, announces a preferred partnership with Mitek (NASQAQ: MITK), a global leader in mobile capture and identity verification software, to offer identity solutions to the telecoms market. Artilium has integrated Mitek's identity software to streamline the consumer registration process for prepaid mobile phone SIM cards to meet the European legal requirements.

As a MVNO/MVNE provider, Artilium introduced the KYC ("Know Your Customer") Solution for secure and easy identification and authentication of mobile prepaid customers. Mitek's identity products simplify the process consumers must undertake to register a pre-paid mobile phone or SIM card with a telecom services provider. Mitek's technology expedites the application process with data pre-fill while enabling identity verification for regulatory compliance.

Bart Weijermars, Chief Executive of Artilium said: "Although some European citizens have electronic IDs, the clear majority still prefer to use their traditional, physical ID documents. New anti-terrorism laws forbid anonymous prepaid mobile phones and many of our telecom customers are concerned about losing customers if the registration process is too cumbersome. Mitek offers an elegant solution that makes the registration process incredibly simple for consumers, enabling them to use their physical documents for digital registration and ID verification."

James DeBello, Chairman and CEO, Mitek added: "Mandatory SIM card registration regulations are a direct response to the use of pre-paid phones to commit acts of terrorism. Our products enable Artilium to let legitimate customers easily register with mobile services, which is key to their expansion into new markets throughout Europe as more countries pass similar laws for SIM card registration."

-Ends-

For further information please contact:

 
 
   Artilium PLC                           +32 (0) 5023 0300 
 Bart Weijermars - Chief Executive 
  Officer 
 
 finnCap Ltd 
  Jonny Franklin-Adams / Scott 
  Mathieson (corporate finance)          +44 (0) 207 220 
  Camille Gochez (corporate broking)      0500 
                                         +44 (0) 207 466 
 Buchanan                                 5000 
 Richard Darby / Jamie Hooper 
  / Catriona Flint 
 

About Artilium

Artilium is a demonstrated leader in the development of next generation communication technologies. Artilium's strategy focuses on supporting its customers to successfully grow their business by providing flexible, cost effective and innovative solutions.

Artilium's innovation-driven strategy empowers telecom operators around the globe to face the tremendous challenges ahead. We combine next-generation technology with traditional telecom environments to create exciting new business opportunities for our customers. This ensures that our customers are able to keep up with rapidly evolving market demands while simultaneously growing their businesses.

Today, multiple renowned national and international telecommunication companies rely on Artilium to deliver voice, text and data services to circa 1.5 million end users every day.

Artilium plc is a publicly listed software company on the London Stock Exchange (LSE/AIM: ARTA). For more information, visit www.artilium.com

About Mitek

Mitek (NASDAQ: MITK) is a global leader in mobile capture and identity verification software solutions. Mitek's ID document verification allows an enterprise to verify a user's identity during a mobile transaction, enabling financial institutions, payments companies and other businesses operating in highly regulated markets to transact business safely while increasing revenue from the mobile channel. Mitek also reduces the friction in the mobile users' experience with advanced data prefill. These innovative mobile solutions are embedded into the apps of more than 5,500 organizations and used by tens of millions of consumers for mobile check deposit, new account opening, insurance quoting, and more.

For more information, visit www.miteksystems.com or www.miteksystems.co.uk

This information is provided by RNS

The company news service from the London Stock Exchange

END

NRALLFFIVIIAFID

(END) Dow Jones Newswires

March 29, 2017 07:00 ET (11:00 GMT)

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