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Mitek in the news

July 15, 2021

IT Supply Chain

Technology has a big role to play in protecting consumers from scams

Research by Which? has revealed the online shopping surge during the pandemic led to a spike in scams. Buying online has never mattered more. Whether consumers are treating themselves to their favourite brand’s new deals or doing their weekly grocery shop.

July 15, 2021

Professional Security

Which? on rise in online scams

Fraudsters have added to the suffering that many people have faced during the past year by using the pandemic and the increase in online shopping as a springboard for tricking a growing number of victims, says the consumer campaign group Which?.

July 12, 2021

TechRadar

Voice biometrics: the new defense against deepfakes

It's no surprise we’ve seen a huge increase in fraud rates over the past year – the absence of face-to-face contact under lockdown has made it easier than ever for fraudsters to get past identity checks.

July 12, 2021

Biometric Update

Flee passwords — please — and create biometric layers to protect businesses

Alvarez, who works in the FBI’s cyber unit in San Francisco, was discussing the need to bring multifactor authentication that includes biometrics to bare in the campaign to shut down retail and workplace fraud.

July 7, 2021

Forbes

It's Time To Incorporate Biometrics Into Security Protocols

What do unlocking our smartphones, opening new bank accounts and signing up for gig economy platforms have in common?

June 30, 2021

Professional Security

Fake delivery company texts

A survey by the consumer rights campaigners Which? of 2,006 people in May found that three in five (61pc) had received a fake delivery company text in the past year.

June 17, 2021

Daily Swig

Google abandons plans to simplify URLs in Chrome following real-world testing

Google has abandoned an experimental plan to hide certain URL elements in Chrome due to a failure to move “relevant security metrics” during testing.

June 10, 2021

FORTUNE

5 highlights for CFOs from Fortune’s Global Forum

Frank Teruel was named SVP and CFO at Mitek Systems, Inc., a global software company, effective July 16, 2021. Teruel was previously the chief operating officer at ADARA. He will succeed Jeff Davison, who announced his retirement earlier this year.

June 9, 2021

Biometric Update

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 and chief financial officer (CFO), and BioCatch has announced Mike Keating is the firm’s new chief revenue officer.

June 9, 2021

Find Biometrics

Mitek Names New CFO, Board Member

In the wake of its acquisition of ID R&D, Mitek has now announced two important new executive appointments. Mitek Names New CFO, Board Member Frank Teruel, an experienced cybersecurity executive and academic, has been named the company’s new Chief Financial Officer.

June 8, 2021

Business Wire

Mitek Systems Appoints New Board Member and Chief Financial Officer

SAN DIEGO--(BUSINESS WIRE)--Mitek Systems, Inc. (NASDAQ: MITK), a global leader in mobile capture and digital identity verification solutions, today announced the appointment of Susan Repo to its board of directors and Frank Teruel to its leadership team as chief financial officer.

June 7, 2021

Financial IT

Why Trust is The UK Banking Industry's Silver Bullet

Mobile-first challenger banks have revolutionized modern-day banking, making it easy for customers to manage their finances. Their dedication in improving the customer experience has led them to catch up with the big banks.

June 2, 2021

Finance Derivative

Mitek Acquires ID R&D to Lead Fight Against Biometric Identity Fraud

Mitek (NASDAQ: MITK), a global leader in digital identity verification, today announced that it has acquired ID R&D, an award-winning provider of artificial intelligence (AI)-based voice and face biometrics and liveness detection. Shareholders of ID R&D will be entitled to receive up to $49 million in Mitek stock and cash as consideration.

June 2, 2021

Help Net Security

Mitek acquires ID R&D to provide protection against identity theft and dangerous fraud techniques

Mitek announced that it has acquired ID R&D, a provider of artificial intelligence (AI)-based voice and face biometrics and liveness detection. Shareholders of ID R&D will be entitled to receive up to $49 million in Mitek stock and cash as consideration.

June 2, 2021

Digital Transactions

Mitek Acquires Tech Firm and other Digital Transactions News briefs from 6/2/21

Mitek Systems Inc., a provider of digital identity-verification technology, said it has acquired ID R&D Inc., a provider of voice and face biometrics technology, for up to $49 million in Mitek stock and cash.

June 2, 2021

The Middle Market

Cybersecurity Providers that Address the Human Element Will Attract Buyers

The recent cyberattacks on meat producer JBS USA and gas pipeline distributor Colonial Pipeline show the need for cybersecurity protection has never been more dire.

June 2, 2021

San Diego Metro

Daily Business Report: Wednesday, June 2, 2021

San Diego-based Mitek, a leader in digital identity verification, announced that it has acquired ID R&D, an award-winning provider of artificial intelligence (AI)-based voice and face biometrics and liveness detection.

June 2, 2021

PYMNTS

Today In Payments: Beijing Offers Lottery For Digital Yuan Pilot; Mitek Acquires ID R&D To Fight Identity

In today’s top news, Beijing is holding a $6.2 million lottery to pilot its digital yuan, and Mitek has acquired ID R&D to expand its identity fraud-fighting platform. Plus, Instacart is looking to open automated fulfillment centers to reduce costs and form stronger partnerships with grocery store chains.

June 1, 2021

IT Europa

Mitek Systems acquires ID R&D

Mitek Systems has brought a stake in the rapidly growing identify authentication market, with a US$49 million cash and stock deal for ID R&D.

June 1, 2021

AiThority

Mitek Acquires ID R&D to Lead Fight Against Biometric Identity Fraud

Mitek, a global leader in digital identity verification, announced that it has acquired ID R&D, an award-winning provider of artificial intelligence (AI)-based voice and face biometrics and liveness detection. Shareholders of ID R&D will be entitled to receive up to $49 million in Mitek stock and cash as consideration.

June 1, 2021

Planet Biometrics

Mitek Acquires ID R&D

Mitek announced that it has acquired ID R&D, an award-winning provider of artificial intelligence (AI)-based voice and face biometrics and liveness detection.

June 1, 2021

FinExtra

Mitek acquires ID R&D

Mitek (NASDAQ: MITK), a global leader in digital identity verification, today announced that it has acquired ID R&D, an award-winning provider of artificial intelligence (AI)-based voice and face biometrics and liveness detection.

June 1, 2021

The Fintech Times

Mitek Acquires ID R&D to Defend Against Biometric Identity Fraud

Mitek, a provider of digital identity verification, has announced that it has acquired ID R&D, an award-winning provider of artificial intelligence (AI)-based voice and face biometrics and liveness detection. Shareholders of ID R&D will be entitled to receive up to $49 million in Mitek stock and cash as consideration.

June 1, 2021

Find Biometrics

Highlighting Liveness Tech, Mitek Acquires ID R&D

Biometric authentication specialist ID R&D has been acquired by Mitek, marking another notable acquisition in the industry after Microsoft agreed to purchase Nuance Communications earlier this spring.