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Mitek Systems, Inc.

Mitek (stock info) is a global leader in mobile capture and identity verification software solutions built on the latest advancements in AI and machine learning. Mitek’s identity verification solutions allow an enterprise to verify a user’s identity during a digital transaction.

Mitek Systems, Inc. Biometrics News

 

$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…

Jan 29, 2021

Digital ID demand drives Mitek 18 percent revenue growth in record quarter

Mitek has reported an 18 percent revenue growth for its first quarter of fiscal 2021 ended December 31, 2020 on…

Jan 25, 2021

Biometrics stocks to reach more investors with Plurilock launch and Ipsidy uplist

A couple of publicly-traded companies providing biometrics and digital ID technologies are increasing their investor access with Plurilock launching to…

Jan 12, 2021

Biometrics companies announce gains in revenue and stock price amid positioning for 2021

Publicly-traded companies in the biometrics space have reported progress on a range of fronts, from revenue gains by EyeLock to…

Dec 16, 2020

ID2020 and Biometrics Institute welcome new members to support responsible ID systems

Panta Group, an Australia-based startup which develops mobile cloud-based technology and digital solutions, is the newest member of the ID2020…

Nov 10, 2020

Public biometrics providers raising funds and cutting costs to prepare for opportunities on the horizon

Idex Biometrics has announced a successful private placement, while Next Biometrics and Ipsidy see new opportunities arising for 2021, and…

Nov 5, 2020

Huge revenue jumps and beaten expectations show biometrics market strength

Yitu may be the next big stock offering in biometrics, in the biggest of several positive items for publicly traded…

Oct 23, 2020

Mitek unveils biometric identity verification with single-point NFC

Mobile capture and identity verification software firm Mitek released a new update to its ID document and selfie biometric identity…

Oct 6, 2020

Nothing is secret: Moving beyond passwords to strengthen account security

This is a guest post by Stephen Ritter, CTO at Mitek King of Queens might not be the first place…

Sep 29, 2020

Mitek biometrics help immigrants access credit as BFSI providers embrace digital payments

Biometrics and related technologies continue to make significant headway in the financial services industry. Mitek has partnered up to extend…

Sep 24, 2020

Mitek ID document and selfie biometric checks help Gov.UK Verify scale onboarding as demand spikes

Selfie biometric technology supplied by Mitek and Digidentity helped scale the operations of Gov.UK Verify to handle the massive influx of…

Sep 10, 2020

The deepfake battle is joined by Microsoft, banks and biometrics companies

Is it possible to always or at least reliably detect synthetic media? It seems unlikely today, much less as deepfake…

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…

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