Address

600 B Street, Suite 100
San Diego, CA 92101

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

NEC America, Mitek, Elenium add biometrics, logistics expertise with veteran hires

May 19, 2022, 1:42 pm EDT

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…
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…