Mitek in the news

Learning to trust in a scam pandemic

We've witnessed a sharp uptick in fraud cases and scams since the onset of COVID-19, but that's not to say technology within the banking industry hasn't improved.

The U.S. urgently needs an A.I. Bill of Rights

Disruptive technology has always challenged legislators. It took labor laws decades to reckon with the changes brought by the Industrial Revolution. Despite vehicles posing relatively obvious safety risks, seat belts only became mandatory 60 years after the Ford Model T first hit the road.

The U.S. urgently needs an A.I. Bill of Rights

Continuous authentication key to securing customers’ digital identities

In an enterprise environment, much of the work that protects us from online fraudsters intent on stealing our corporate or customer data goes on in the background.

Biometric bias in the transgender and non-binary community

ID R&D Announces Standalone Document ‘Liveness’ Detector

Artificial intelligence (AI)-based voice and face biometrics platform ID R&D debuted IDLive Doc, a standalone document liveness detector that confirms the physical presence of documents used when digitally verifying customers’ identities online.

Cameras, Wipes and Swipes Replace Cash

In the last two years, companies and consumers alike have been forced to prioritize health and physical safety above all else. Around the globe, we moved into our homes and outside of our comfort zones.

Biometric bias: Why isn’t facial recognition software built with transgender and non-binary communities in mind?

Deepfakes Challenge Existing Identity Verification Tech

Hollywood-style image manipulation that used to require a huge investment and a team of talented people with above-average expertise can now be attained by anyone with a smartphone.

£100 contactless payment limit could place shoppers at risk, warn industry experts

£100 contactless payment limit could place shoppers at risk, warn industry experts

Contactless £100 limit goes live

The UK chancellor announced the new limit from £45 this March, in response to wider contactless use among consumers and the pandemic, which saw less use of cash in shops and restaurants, for instance.

White House science advisers call for an "AI Bill of Rights"

The Biden administration is exploring a "bill of rights" to govern facial recognition and other potentially harmful uses of artificial intelligence, but the problems AI poses are much bigger than figuring out how to regulate a new technology.

BIOMETRICSCombating the ‘Bad Guys’ Through Sophisticated Digital Identity Verification

Businesses around the world are going through a digital transformation to build more efficient digital channels. But in doing so, they are potentially exposing themselves to new risks of fraud.

32 Payments Execs Define Payments’ 'New Normal'

Biometrics: the changing face of facial recognition technology

From facial recognition scans that unlock our smartphones to medical wearables monitoring our heart rates, biometrics technologies have become a near inescapable part of our daily lives.

Layered Identification: A Cure For The Scam Pandemic?

Banking technology is getting better and better. It’s harder than ever to crack someone’s bank account open via a brute force attack – as it should be. But fraud is still rampant, standing at $56bn in 2020, impacting 49 million people, according to a recent Javelin identity fraud report.

Layered Identification: A Cure For The Scam Pandemic?

Banking technology is getting better and better. It’s harder than ever to crack someone’s bank account open via a brute force attack – as it should be. But fraud is still rampant, standing at $56bn in 2020, impacting 49 million people, according to a recent Javelin identity fraud report.

When will facial recognition understand the trans and non-binary communities?

For those who identify as transgender or non-binary, human-computer interfaces are almost never built with them in mind.

Decentralized Identity: Giving Consumers Power Over Their Identities

Decentralized identity aims to give consumers power over their own identity credentials, not by way of paper documents, but with a self-owned digital “wallet.”

How Businesses Can Keep Up With DeFi Disruption

Among all the headlines and discussions of cryptocurrencies and non-fungible tokens (known as NFTs), a form of disruptive technology is gaining momentum that I believe has the potential to impact our current financial models: decentralized finance.

To Move Into The Mainstream, DeFi Needs To Double Down On Digital IDs

Max Carnecchia, CEO of Mitek, told Karen Webster that increasingly, there would be an intersection between DeFi and digital identities — because DeFi will need them to keep trust in place and keep it all functioning.

Top Wall Street analysts say these stocks are buys going into earnings

Wall Street is gearing up for the busiest week of earnings season. Several stock market heavyweights are lining up to release their second-quarter prints, and analysts are taking note.

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.