Mitek to enable B2B mobile deposits on Ariba Network

Mitek has announced that it intends to enable B2B mobile payments on the Ariba Network, a global business-to-business trading platform.

Leveraging its MiSnap Multi-Check Capture and Mobile Deposit applications, Mitek aims to empower the more than 2.5 million businesses connected to the Ariba Network to deposit checks anytime, anywhere using an iOS or Android device, the company said in a press release.

"While electronic payments continue to take hold in the business world, checks remain a primary form of payment," Joseph Fox, senior vice president of business development and strategy for SAP Ariba, said in a statement. "Our intention is to bring Mitek's mobile deposit capabilities to the Ariba Network, which is designed to make depositing check payments easier while driving more efficient reconciliation processes for our customers around the world."

Mitek's new capabilities will be on full display at this week's SAP Ariba Live, the premier business commerce conference.

Topics: Bill Payment

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