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Mitek Systems, Inc.

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

 

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…

Jun 9, 2021

Tariq Malik returns to lead Pakistan digital ID efforts amid biometrics leadership appointments

In a flurry of new hires, NADRA has returned its former head, Mitek Systems has appointed a new board member…

Jun 1, 2021

Mitek to integrate ID R&D biometrics for full transaction lifecycle security in $49M acquisition

In a major step towards biometrics industry consolidation, Mitek has acquired ID R&D for $49 million to integrate its face…

Apr 30, 2021

Mitek books record revenues on biometric verification demand, Supercom and Cyberlink report earnings

Mitek revenues increased by 24 percent on a year-over-year basis in its second fiscal quarter of 2021, to a company record…

Apr 1, 2021

Consumer biometrics improvements could set up future digital service ecosystem, Mitek CTO says

Consumer authentication for digital services has matured rapidly during the past several years, creating major opportunities for businesses to onboard…

Feb 2, 2021

Mitek hedges against biometrics investment market disruption with $125M private offering

Mitek is planning to raise at least $125 million through a private offering of Convertible Senior Notes to qualified institutional investors…

Mitek Systems, Inc. Industry Insights

Brand Focus: Mitek Systems, Inc.

 

Mitek’s facial recognition platform: Q&A with Sarah Clark

Mitek recently enhanced its instant ID document verification solution, Photo Verify, by adding facial recognition capabilities. The end result is…

Mitek Systems, Inc. White Papers

 

5 success factors for onboarding more good customers faster

Onboarding is not just about keeping bad actors out, it’s about letting good customers in. Unfortunately for many companies, the…

Jun 3, 2022Online security best practices across the generations
May 25, 2022Biometrics and bias: The science of inclusivity

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