Mitek Systems
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| Company type | Public |
|---|---|
| Nasdaq: MITK Russell 2000 Component | |
| Industry | Identity Verification Services |
| Founded | 1986 |
| Headquarters | San Diego California , USA |
Key people | Max Carnecchia (CEO); Jeff Davidson (CFO) |
| Website | www |
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]
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
- ^ "This guy just saved big banks on Wall Street $620M". New York Post. 2016-07-13. Retrieved 2018-05-17.
- ^ 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) - ^ "Fintech Spawns Regtech to Automate Compliance With Regulations". www.bna.com. Retrieved 2018-05-21.
- ^ "MITK Company Profile & Executives - Mitek Systems Inc. - Wall Street Journal". quotes.wsj.com. Retrieved 2018-03-21.
- ^ "Mitek Extends Check Imaging Tech to Health Care, Insurance". PCWorld. Retrieved 2018-05-21.
- ^ "Mitek, USAA End Dispute Over Mobile Deposit Patents". American Banker. Retrieved 2018-03-21.
- ^ "Mitek acquires IDchecker for mobile identity services". www.mobilepaymentstoday.com. 2015-05-27. Retrieved 2018-03-21.
- ^ "Mitek Systems Acquires Spanish Company". San Diego Business Journal. Retrieved 2018-03-21.