Mitek in the news

August 8, 2018

Biometric Update – July 3, 2018

New cryptocurrency trading platform selects Mitek for automated ID verification

Mitek’s Mobile Verify solution uses advanced AI and machine learning algorithms that will help DXE provide KYC-compliant identity verification for all customers from the platform’s go live date.

August 8, 2018

San Diego Business Journal – June 25, 2018

SOFTWARE: MITEK’S TOOLS TAKE VERIFICATION TO NEXT LEVEL

For companies conducting business online, anonymity is a problem. The ID verification technology Mitek has been deploying in the service of financial institutions since the early 2000s is entering into new industries, like eCommerce and the Sharing economy.

August 8, 2018

Motley Fool – June 13, 2018

This Hidden Tech Company Powers a Banking Service That You Probably Can't Live Without

Many consumers prefer to use mobile deposit on their smartphone instead of visiting a bank branch or ATM in person to deposit a check. However, most banks lack the technological know-how to make this process work.

August 8, 2018

MarketWatch – June 6, 2018

Most major cryptocurrency exchanges lack sufficient background checks, research report says

“By incorporating systems that are just as future-looking as cryptocurrency itself, exchanges and wallets can be both competitive and compliant with regulatory demands,” said Kalle Marsal, chief operating officer of identity verification software firm Mitek, which sponsored the research.

August 8, 2018

BitcoinExchangeGuide – June 6, 2018

Study Reveals Majority of Crypto Exchanges’ KYC Compliance is Weak, Wild West Comparison

As virtual currencies keep expanding, there are more and more companies that are starting to offer cryptocurrency-related services to the community.

August 8, 2018

San Diego Business Journal

Mitek Bolsters AI Capabilities with A2iA Acquisition

Using A2iA’s advanced AI algorithms, Mitek’s digital identity verification product, called Mobile Verify, will read government-issued identity documents “even more accurately and quickly than today,” Mitek’s James DeBello, CEO and chairman, said in a news release about the acquisition.

August 8, 2018

BiometricUpdate

Mitek and Experian partner to add ID document and facial verification to CrossCore

Mitek and Experian have formed a partnership to add identity document verification and biometric facial matching to its digital identity verification software.

June 4, 2018

Finovate

Mitek Acquires A2iA for $49.7 Million

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.

June 4, 2018

The San Diego Union Tribune

Mitek Systems acquires French artificial intelligence firm for $50 million

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.

June 4, 2018

PYMNTS.com

Mitek Acquires AI Check Processor A2iA

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.

May 30, 2018

Mobile Payments Today

Mitek acquires A2iA to bolster digital identity verification services

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.

May 30, 2018

Xconomy

Mitek Systems Building New Business in Verifying Online Identities

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.