Mitek in the News

Mitek Acquires A2iA for $49.7 Million

From:

Finovate

Digital identity verification company Mitek is bolstering its capabilities this week with the acquisition of A2iA, an artificial intelligence and image analysis company, for $49.7 million. This is Mitek’s second acquisition in under a year– last October the company acquired ICAR for $15 million.

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Mitek Systems acquires French artificial intelligence firm for $50 million

From:

The San Diego Union Tribune

Melding A2iA’s technology with Mitek’s Mobile Verify and Mobile Deposit apps will allow faster, more accurate processing so financial institutions know their online customers are who they claim they are.

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Mitek Acquires AI Check Processor A2iA

From:

PYMNTS.com

Mitek Systems, Inc., a leader in digital identity verification solutions, announced that it has acquired A2iA, a leader in artificial intelligence (AI) and image analysis.

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Mitek acquires A2iA to bolster digital identity verification services

From:

Mobile Payments Today

Mitek Systems Inc. has acquired A2iA SAS, which specializes in artificial intelligence and image analysis, for €42.5 million (US$49.7 million) in cash and shares of Mitek's common stock.

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Mitek Systems Building New Business in Verifying Online Identities

From:

Xconomy

View Bruce Bigelow of Xconomy's article on Mitek's position in identity verification and the shift with the acquisitions of iCar, ID Checker, and now A2iA.

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Understanding the Business Potential of Deep Learning Technology

From:

Information Management

The recent growth of AI in business is largely due to advances in deep learning, which is a subset of machine learning. To understand the true potential for AI in our society, and to distinguish the hype from the reality, one must understand deep learning and what makes it revolutionary.

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Breach report and Equifax disclosure highlight need to maintain control of digital identity

From:

Biometric Update

Equifax had previously admitted that names, dates of birth, and social security numbers for 143 million U.S.

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Digital Identity Verification for Alternative Lenders

From:

Lending Times

Mitek's CTO, Stephen Ritter met with Lending Times and gave his views on the opportunity and developments in the ID verification space and how it will be an underlying pillar for the growth of fintech lending and blockchain-led services.

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Podcast: Digital Identity, Stephen Ritter, CTO, Mitek

From:

Biometric Authentication News

Biometric Authentication News interviews Stephen Ritter, CTO at Mitek, about applying machine learning to today’s most challenging business problems. This podcast focuses on addressing today's most frequent questions about digital identity.

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Mitek Official Identity Verification Provider to Mobile World Congress 2018

From:

Markets Insider

Markets Insider covers about how Mitek has been selected as Official Identity Verification Provider to Mobile World Congress 2018 in Barcelona. Company’s technology will be used to confirm the identities of over 100,000 attendees.

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Mitek ID verification solution improves Nocks onboarding time by 98 percent

From:

Biometric Update

Mitek has announced that European blockchain provider Nocks has improved its customer onboarding time by 98 percent, from 12 hours to five minutes, by utilizing Mitek’s Mobile Verify government ID verification technology.

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2018 Predictions for MPL, SMB Lending, and Other Alternatives

From:

Lending Times

Lending Times echoes one of Mitek's predictions for 2018: this will be the year of the cybercriminal and predicts there will be 150 million attempts to set up fraud accounts this year.

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Fintech Predictions For 2018

From:

Financial Advisor

Financial Advisor magazine echoes Mitek's 2018 predictions for the future of financial services, payments and identity verification in digital channels.

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Post-Sibos 2017 | Teamwork Rules

From:

Global Finance

Heightened global regulations around KYC and consumer privacy have sparked synergy between banks, compliance experts, and fintech/regtech partners with technology to turn KYC into a digital-identity service—a true strategic asset, says Sarah Clark, SVP of global product management at Mitek.

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What Will Happen to Fintech in 2018? More Blockchain, More Loans, More Fraud, Mitek Says

From:

Bank Innovation

Blockchain technology and digital loans will continue to grow in 2018 as banks continue to work on their cybersecurity in the coming year, software provider Mitek predicts. Furthermore, financial institutions will experience a collective 150 million new account opening fraud attempts in the new year. Read the exclusive interview at Bank Innovation.

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As 2018 Nears, Payments Professionals Predict Advances in Tech for Blockchain, Mobile, ID

From:

Digital Transactions

Kevin Woodward from Digital Transactions interviews Sarah Clark, SVP of Global Product Management at Mitek, about the future of blockchain. Get Sarah's thoughts on how identity and authentication play an ever important role, especially as data breaches, large and small, continue to wreak havoc in the payments industry.

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What is blockchain technology?

From:

RCR Wireless News

Nathan Cranford from RCR Wireless News looks into the future of blockchain technology, echoing Mitek's prediction of 50% of leading FIs will partner up with blockchain firms by the end of 2018.

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Why 50% of International FIs Will Partner with Blockchain Companies...

From:

CU Broadcast

Hosted by CU Broadcast, Senior Vice President of Global Product Management, Sarah Clark, shares Mitek's annual predictions for financial institutions in 2018.

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