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Mitek Systems, Inc.

Mitek (stock info) is a global leader in digital identity and fraud prevention solutions built on the latest advancements in computer vision and artificial intelligence. Mitek’s digital identity solutions enable organizations to verify an individual’s identity during digital transactions to reduce risk and meet regulatory requirements, while increasing revenue from digital channels.

Mitek Systems, Inc. Biometrics News

Mitek pushes passwordless ID authentication with biometrics

Oct 25, 2022, 2:22 pm EDT

ID verification software maker Mitek has released a passwordless authentication platform with multimodal biometrics. MiPass enables users to access digital…

Oct 4, 2022	Consumer trust in banks is mixed. Behavioral biometrics can help, face less so A trio of surveys from Experian, Mitek and Thales indicate that deploying biometrics can help banks improve consumers’ trust in…
Sep 27, 2022	Use biometric and MFA layers to block gaps in fraud protection created by digitization Digitization continues to change the kinds of fraud opportunities available to cybercriminals, even as the most common targets struggle to…
Sep 8, 2022	US private equity considers $1.5B buyout of GBG as market presents buyer opportunities An American private equity fund is looking at a £1.3 billion GBG purchase, according to a statement given to Tech…
Aug 23, 2022	Biometrics stocks: Trust Stamp revenues up, Zwipe focused on pilots, Mitek receives notice Trust Stamp reports $3.53 million in net revenues in the first half of 2022, an impressive 182 percent increase over…
Jul 29, 2022	New platform from Mitek, deals by CyberLink boost biometrics revenues Revenues from Mitek’s biometric technologies and digital identity verification grew by 24 percent year over year in the third quarter…
Jun 22, 2022	New end-to-end digital ID platform launched by Mitek to give customers more control Mitek has launched a new identity verification platform to help organizations protect digital identities and experiences throughout the entire customer…
May 25, 2022	White paper explores multimodal biometrics advances for inclusive, secure online banking With the rapid growth of online banking and financial services jolted by the COVID-19 pandemic, biometric authentication has also followed…
May 19, 2022	NEC America, Mitek, Elenium add biometrics, logistics expertise with veteran hires Three biometric solution providers, namely NEC America, Mitek and Elenium, have appointed industry veterans to help steer different areas of…
May 10, 2022	Mitek arbitration bid in biometric data privacy lawsuit rejected A U.S. District Court Judge has ruled that Mitek is not included in the arbitration agreement between its client HyreCar and…
Apr 29, 2022	Financial gains for Thales, Aware, Mitek, FacePhi demonstrate sustained biometrics growth Thales, Aware, Zwipe, and Mitek unveiled and summarized the financial results or the changes to their business made in the…
Mar 24, 2022	Mitek adds HooYu biometric identity orchestration in £98M acquisition Mitek has acquired remote customer onboarding platform HooYu in a £98 million (approximately US$129.2 million) deal to upgrade its digital identity orchestration…
Mar 16, 2022	Benini back in biometrics with ID R&D ID R&D has appointed Dave Benini as its new vice president of Marketing to boost the reach of its voice…
Jan 28, 2022	Biometrics earnings reports: better margins for Fingerprint Cards Biometric firms from sensor developer to autonomous surveillance robot manufacturers have been releasing financial updates. Fingerprint Cards (FPC) sees healthier…
Jan 3, 2022	Mitek accused of biometric data privacy violations as BIPA settlements look good for lawyers A potential class action lawsuit has been filed against Mitek alleging the company failed to meet the informed consent requirements of…
Nov 5, 2021	Mitek reports record gains for 2021 on expanded digital ID solutions market Mitek’s total revenue for 2021 has increased by 18 percent year-on-year, driven by increased demand for the company’s biometric digital…
Oct 15, 2021	$35M stolen in voice clone as deepfake tech availability increases A previously unreported incident in which $35 million was stolen in 2020 when fraudsters used voice cloning technology to trick…
Aug 10, 2021	DeFi opportunity for biometric verification providers The burgeoning decentralized finance or ‘DeFi’ sector could prove a fertile ground for biometric verification providers should services require users…
Jul 30, 2021	Mitek and Yinda Infocomm report gains amid biometrics market consolidation Revenues from Mitek’s biometrics, digital identity verification and mobile deposit technologies jumped by 25 percent on a year-over-year bases to…
Jun 16, 2021	Biometrics earnings in hand, Mitek plans common stock repurchase up to $15M In a move the company says is reflective of the profitable growth of its biometric identity verification and mobile deposit…