Press Releases | Page 6 | Mitek

Mobile Document Capture

Mitek and Avoka Partner to Offer Frictionless Mobile Account Opening, Loan Origination and Wealth Management Onboarding

SAN DIEGO, CA and BROOMFIELD, CO, May 25, 2016 – Mitek (NASDAQ: MITK, www.miteksystems.com), a global leader in mobile capture and identity verification software solutions and Avoka, the leader in frictionless digital customer acquisition for financial services, today announced a partnership that integrates Mitek’s Mobile Fill™ with the Avoka Transact ™ digital sales platform. The integrated mobile solution makes it simple for financial institutions across the globe to acquire new customers for deposit accounts, originate loans and onboard new wealth management customers.

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Consumer

Top Five U.S. Bank Selects Mitek Identity Verification Platform to Optimize Mobile Account Opening

SAN DIEGO, CA, May 17, 2016 – Mitek (NASDAQ: MITK, www.miteksystems.com), a global leader in mobile capture and identity verification software solutions, today announced that a top five U.S. bank has selected Mobile Fill™ and Mobile Verify™ to optimize the user experience and mitigate the risk of application fraud for its checking/savings and credit card mobile acquisition programs.

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Consistent Mobile Desktop Experience

Mitek First to Offer Omnichannel ID Verification Experience

Mitek will debut the first desktop-to-mobile ID document verification experience and new device ID capabilities for its Mobile Verify™ solution today at the FinovateSpring 2016 event.

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Mitek’s Commercial Mobile Deposit Capture™ Wins “Best in Show” at Business Banking Conference

Mitek won the Innovation Showcase Award at the Barlow Research Business Banking Conference held May 2-3, in Bloomington, MN for its Commercial Mobile Deposit Capture solution.

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Mobile Capture with MiSnap

Mitek Granted Patent for MiSnap™ Industry Leading Automatic Image Capture Technology

Mitek issued U.S. Patent No. 9,208,393, “Mobile image quality assurance in mobile document image processing applications”. Mitek now has 26 patents issued and 17 patents pending.

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Mitek Surpasses One Billion Mobile Check Deposits

Mitek Surpasses One Billion Mobile Check Deposits

SAN DIEGO, CA, May 3, 2016 – Mitek (NASDAQ: MITK, www.miteksystems.com), a global leader in mobile capture and identity verification software solutions, today announced that its Mobile Deposit® solution has now processed over one billion check deposits. The company’s Mobile Deposit is licensed by more than 5,000 U.S. financial institutions and used by more than 70 million consumers. Crossing the billionth check milestone further establishes Mitek’s Mobile Deposit as the de facto standard for safe and convenient mobile check deposit.

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Mitek Reports 50% Revenue Growth and Profitability in Second Quarter Fiscal 2016

We are pleased to report another strong quarter for Mitek, driven by revenue growth from our new mobile ID capture and verification product offerings, and our industry leading mobile check deposit products.

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Authenticity Verified

Mitek’s Mobile Verify Selected by Top Five Prepaid Card Issuer

SAN DIEGO, CA, April 13, 2016 – Mitek (NASDAQ: MITK, www.miteksystems.com), a global leader in mobile capture and identity verification software solutions, today announced that a top five prepaid card issuer in the United States has selected Mobile Verify to validate the identity of its customers who have been blocked from accessing their accounts because fraudulent activity is suspected. Mitek’s Mobile Verify will allow this prepaid card issuer to enable legitimate customers to quickly identify themselves so they can regain access to their account while reducing the risk of account takeover fraud.

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Mitek’s Michael Hagen To Speak at Money20/20 Europe

SAN DIEGO, CA and HAARLEM, THE NETHERLANDS, April 4, 2016 – Mitek (NASDAQ: MITK, www.miteksystems.com), a global leader in mobile capture and identity verification software solutions, announced that managing director of Europe and corporate ID strategist, Michael Hagen will speak at the Money20/20 Europe event in Copenhagen on Tuesday, April 5, 2016. Hagen is taking part in a panel discussion on the importance of balancing great customer experience with fraud mitigation in the mobile channel.

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Mitek Hires Stephen Ritter as Chief Technology Officer

SAN DIEGO, CA, March 23, 2016 – Mitek (NASDAQ: MITK, www.miteksystems.com), a global leader in mobile capture and identity verification software solutions, has added Stephen Ritter as Chief Technology Officer to its executive management team. In this role, Ritter is responsible for driving the technological development of Mitek’s award-winning mobile capture and identity verification solutions, as well as overseeing Mitek Labs, the company’s computer vision and scientific team.

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Mobile Document Capture

Lending Platform Provider Selects Mitek’s Mobile Fill™ to Speed Onboarding Process for New Customers

SAN DIEGO, CA, March 22, 2016 – Mitek (NASDAQ: MITK, www.miteksystems.com), a global leader in mobile capture and identity verification software solutions, today announced that a leading lending platform has selected Mitek’s Mobile Fill™ identity capture solution to improve its customer onboarding process. Mobile Fill creates a better user experience by significantly reducing the time it takes to apply for a loan via a mobile app.

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Mitek’s Mobile Verify™ Wins BAI Payments Connect Innovation Showcase Award

SAN DIEGO, CA, March 14, 2016 – Mitek (NASDAQ: MITK, www.miteksystems.com), a global leader in mobile capture and identity verification software solutions, won the Innovation Showcase Award at the BAI Payments Connect 2016 event on March 8, in San Diego for its Mobile Verify™ solution. BAI is among the financial services industry’s most prestigious advocates for excellence in bank operations, and this award recognizes Mitek’s Mobile Verify as the most cutting edge new technology within the payments landscape at this year’s event.

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Jim DeBello

Mitek’s James DeBello Appointed Chairman

SAN DIEGO, CA, March 9, 2016 – Mitek (NASDAQ: MITK, www.miteksystems.com), a global leader in mobile capture and identity verification software solutions, today announced that its board of directors has elected its CEO James B. DeBello, 57, as Chairman of the Board. The appointment follows the retirement and resignation today of current Chairman, John M. Thornton, 83, who served Mitek for 30 years.

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Mitek Takes Mobile Deposit Global

SAN DIEGO, CA, March 8, 2016 – Mitek (NASDAQ: MITK, www.miteksystems.com) a global leader in mobile capture and identity verification software solutions, today announced the availability of its award winning Mobile Deposit® in the United Kingdom (UK) with other countries to follow.

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iPhone 6S Gold Capturing Check

MITEK SIGNS MOBILE DEPOSIT® AGREEMENT WITH TOP FIVE U.S. BANK FOR BUSINESS MULTI-CHECK CAPTURE

SAN DIEGO, CA, March 1, 2016 – Mitek (NASDAQ: MITK, www.miteksystems.com) a global leader in mobile capture and identity verification software solutions, today announced that a top five U.S. bank has selected its Mobile Deposit for multi-check capture to enable business customers to make batch deposits with a mobile device, reducing the need for scanners and eliminating trips to the ATM or the branch.

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Mitek Signs a Leading Provider of Private Label Credit Cards for Mobile Fill™

SAN DIEGO, CA, February 23, 2016 – Mitek (NASDAQ: MITK, www.miteksystems.com) a global leader in mobile capture and identity verification software solutions, today announced that it has signed a leading provider of private label store branded credit cards for its Mobile Fill identity capture solution.

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Fortune 50 Healthcare Company Selects Mitek’s Mobile Fill™ to Onboard New Customers

SAN DIEGO, CA, February 17, 2016 – Mitek (NASDAQ: MITK, www.miteksystems.com), a global leader in mobile capture and identity verification software solutions, today announced that a Fortune 50 healthcare company has selected Mitek’s Mobile Fill™ identity capture solution to significantly improve its customer onboarding experience by reducing the time it takes to sign up for services via its mobile app. The healthcare company plans to use Mobile Fill in multiple lines of business.

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Mitek Partners with IdentityMind Global to Provide Worldwide ID Document Verification for Emerging Fintech Businesses

SAN DIEGO, CA, February 11, 2016 – Mitek (NASDAQ: MITK, www.miteksystems.com), a global leader in mobile capture and identity verification software solutions, announced today a partnership with IdentityMind Global, a provider of risk management solutions for digital commerce, to add Mitek’s Mobile Verify™ to IdentityMind’s Fraud Prevention and Risk Management platform.

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Mobile Capture Tablet App

Mitek Signs Fortune 500 Retail Credit Provider for Mobile Fill™ To Improve In-Store Enrollment Process

SAN DIEGO, CA, February 2, 2016 – Mitek (NASDAQ: MITK, www.miteksystems.com) a global leader in mobile capture and identity verification software solutions, today announced that a private retail card provider behind many of America’s favorite retail-branded credit cards has selected its industry leading Mobile Fill™.

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Mitek Reports 37% Revenue Growth in First Quarter Fiscal 2016

Fiscal First Quarter 2016 Highlights • Total revenue increased 37% year over year to $7.4 million • The Company signed four new Fortune 500 companies across several different verticals for its Mobile Fill ID capture product offering • The Company generated $1.0 million in cash flows from operations • Total cash and investments at the end of the first quarter was $27.6 million, compared to $26.7 million at the end of fiscal 2015

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