Mitek Systems

Mitek Systems, Inc is a software company that specializes in digital identity verification and mobile image processing using artificial intelligence. The company's software is used for depositing checks and opening bank accounts via mobile devices.[1][2] It also verifies identity documents such as passports, ID cards, and driver's licenses by analyzing a selfie of an individual holding their ID, comparing their face to the photo on the document.[3]

Mitek Systems, Inc.
TypePublic
Nasdaq: MITK
Russell 2000 Component
IndustryIdentity Verification Services
Founded1986
Headquarters
San Diego California
,
USA
Key people
Max Carnecchia (CEO); Frank Teruel (CFO); Stephen Ritter (CTO); Cindy White (CMO); Sanjay Gupta (SVP & Managing Director); Chris Briggs (SVP Identity)
Websitewww.miteksystems.com

History

The company was founded in 1986, and is headquartered in San Diego, California.[4]

In 2011, it was announced that Mitek intended to expand into mobile imaging software for the health care and insurance industries, in addition to mobile banking.[5]

In 2014, USAA and Mitek Systems, Inc. settled a 2+1⁄2-year-old dispute over the invention of the technology used for mobile check deposits, with both companies' patents remaining intact and neither side paying the other.[6]

On May 26, 2015, the company acquired IDchecker, a provider of cloud-based identity document verification and facial recognition products.[7]

On October 16, 2017, the company acquired Icar Vision Systems, a Spanish company specializing in customer identity verification.[8]

References
  1. "This guy just saved big banks on Wall Street $620M". New York Post. 2016-07-13. Retrieved 2018-05-17.
  2. CNBC.com, Elaine Pofeldt, Special to (2013-09-17). "It's simple 'apponomics': Cash is no longer king". CNBC. Retrieved 2018-05-21.{{cite news}}: CS1 maint: multiple names: authors list (link)
  3. "Fintech Spawns Regtech to Automate Compliance With Regulations". www.bna.com. Retrieved 2018-05-21.
  4. "MITK Company Profile & Executives - Mitek Systems Inc. - Wall Street Journal". quotes.wsj.com. Retrieved 2018-03-21.
  5. "Mitek Extends Check Imaging Tech to Health Care, Insurance". PCWorld. Retrieved 2018-05-21.
  6. "Mitek, USAA End Dispute Over Mobile Deposit Patents". American Banker. Retrieved 2018-03-21.
  7. "Mitek acquires IDchecker for mobile identity services". www.mobilepaymentstoday.com. 2015-05-27. Retrieved 2018-03-21.
  8. "Mitek Systems Acquires Spanish Company". San Diego Business Journal. Retrieved 2018-03-21.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.