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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

Banks struggle to fight fraud with AI, reusable ID could help

May 12, 2025, 10:27 am EDT

The vast majority of financial institutions – around 90 percent – are leaning on some form of AI to combat…

May 9, 2025	Mitek: quarterlies, annuals, SEC actions May 9, 2025 — Revenues were up 11 percent for Mitek in the second quarter of 2025, reaching $51.9 million,…
May 6, 2025	GenAI payment fraud forces multilayered biometric approach to defense Many payment systems have turned to biometrics to secure user onboarding in the last few years to detect and prevent…
May 1, 2025	Mitek brings on IdentityMind Founder Gafke with $4M performance-based package Mitek has appointed Garrett Gafke, founder and long-time CEO of IdentityMind , as its new chief operating officer. His task…
Apr 15, 2025	Insiders reveal how to fight sophisticated payment fraud with biometrics Biometrics play a pivotal role in securing online payments from sophisticated fraud attacks which are increasingly carried out with AI…
Feb 4, 2025	FaceTec hires former federal law enforcement agent to lead public sector deployments FaceTec continues to build out its executive team with the appointment of Nicole McNamee-Wicks as its new Director of Biometric Cybersecurity….
Dec 5, 2024	Mitek unveils multilayered GenAI fraud detection to stop PAD, injection attacks Mitek Systems has launched what it calls the first multilayered solution to the growing challenge posed by generative AI for…
Oct 28, 2024	mDL verification moving from theoretical to practical questions An opportunity is emerging for relying parties to onboard users more easily and securely through mobile driver’s licenses (mDLs). But…
Oct 27, 2024	Mitek, ROC, SITA and Socure focus on growth with latest appointments Biometrics industry heavyweights Mitek, ROC, SITA and Socure have announced advisory and executive additions to strengthen market position and help…
Oct 25, 2024	Gartner releases inaugural Magic Quadrant for Identity Verification Consulting firm Gartner has released a new market research report for the identity verification and authentication industry, placing companies such…
Oct 3, 2024	MDL interoperability put to the test amid standardization, adoption push Australia’s National Digital Trust Service (DTS) for digital driver’s licenses has passed an interoperability road test based on international standards….
Oct 2, 2024	New CEO named at Mitek as Iris ID, Dignari and Vouched hire for growth The search for a new CEO concludes at Mitek as Ed West takes the helm. Kantara recruits a trust framework…
Sep 8, 2024	Ensuring equitable representation in the development of voice authentication systems With the rise of voice biometrics, questions are being raised about the use of this technology among groups of people…
May 20, 2024	Sumsub brings non-doc biometric identity verification to new markets Biometric identity verification providers are expanding their market reach in various ways, including Sumsub’s support for users without ID documents…
May 13, 2024	Mitek changing CEOs and buying back shares as ID verification focus increases Mitek is ushering out CEO Max Carnecchia, who will be replaced by Executive Chairman Scott Carter on an interim basis…
May 8, 2024	Tidal wave of financial fraud gaining momentum from AI, deepfakes Mitek Systems Inc. has released the results of its Identity Intelligence Index 2024, shaking loose many of the familiar specters…
Mar 20, 2024	Mitek reports dramatic financial gains on stronger digital ID revenue Just a year ago, reporting any financial results at all was beyond Mitek. Now, the company is reporting record revenue…
Feb 16, 2024	More disconcerting financial news in biometrics Financial reports for fiscal 2023 are out, and the picture is a now-familiar mixed bag. First, digital identity and fraud…
Jan 24, 2024	Digital governance continues to firm up in Canada with new frameworks and public consultations The Digital Governance Council (DGC) of Canada has rolled out a new standardized framework and trustmark to validate data integrity…
Jan 16, 2024	ValidSoft, Sift, Mitek, iProov and Chams fill chief, manager roles Biometrics developers iProov and ValidSoft have announced new leadership in marketing and sales, while Mitek has quietly appointed the CEO…