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Mitek Sys Inc - MITK STOCK NEWS

Welcome to our dedicated page for Mitek Sys news (Ticker: MITK), a resource for investors and traders seeking the latest updates and insights on Mitek Sys stock.

Mitek Systems, Inc. (NASDAQ: MITK) is a global leader in mobile capture and digital identity verification solutions driven by advancements in artificial intelligence and machine learning. Serving over 7,800 financial services organizations and leading fintech brands globally, Mitek's innovative solutions are integrated into the apps of more than 6,100 enterprises and used by over 80 million consumers.

Mitek specializes in developing proprietary software solutions that enhance digital transactions. The firm's core products include Mobile Deposit, which allows consumers to deposit checks using their mobile devices, and Mobile Verify, which verifies user identities online, aiding organizations in building safer digital communities. Additionally, Mitek's CheckReader automatically extracts data from check images received through various deposit channels such as branches, ATMs, RDC, and mobile.

By offering advanced identity verification solutions, Mitek assists financial institutions, payment companies, and businesses in highly regulated markets to mitigate financial risk and comply with regulatory requirements. The company also enhances user experience through advanced data prefill and automation of the onboarding process.

To learn more about Mitek Systems, Inc. and stay updated with the latest news, visit www.miteksystems.com.

News

Mitek named Leader in Javelin Strategy & Research’s 2023 Know Your Customer Solution Scorecard

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Mitek Systems named leader in Javelin Strategy & Research's 2023 Know Your Customer Solution Scorecard
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Mitek Announces that the Nasdaq Hearings Panel has Granted its Request for Continued Listing Pending its Return to Compliance with the Nasdaq Filing Requirement

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Mitek Systems received a decision from the Nasdaq Hearings Panel granting continued listing on the Nasdaq Capital Market, subject to compliance with the Listing Rule by October 13, 2023.
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Mitek Announces Receipt of Notice from Nasdaq and Provides Update on Nasdaq Listing

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Mitek Systems, Inc. received a notice from Nasdaq stating that it was not in compliance with the listing requirements due to its failure to file the Q3 Form 10-Q in a timely manner. The company has requested a hearing before the Nasdaq Hearings Panel and presented a plan to regain compliance. A decision regarding the company's listing status is expected in late August or September.
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CORRECTING and REPLACING Mitek Announces Receipt of Notice from Nasdaq and Provides Update on Nasdaq Listing

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Mitek Systems, Inc. has received a notice from Nasdaq stating that it is not in compliance with Nasdaq's listing requirements due to its failure to file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2023. The company has previously been unable to file its Q2 Form 10-Q and Q1 Form 10-Q as well. Mitek has requested a hearing before the Nasdaq Hearings Panel to appeal the delisting and has presented a plan to regain compliance. The company expects a decision from the Panel in late August or September.
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Your Bank Wants to Know: Is That an Actual Photo of You – or AI?

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Mitek, a global leader in digital identity and digital fraud prevention, has released a guide to understanding liveness detection, an essential tool in the battle against online identity fraud. Liveness detection uses generative AI concepts to confirm that a person and their documents are live and present when an image is captured, preventing the use of AI-generated images by online criminals. The guide describes the pros and cons of different types of liveness detection and highlights the importance customers place on security when choosing an online company.
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Mitek Update from NASDAQ

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Mitek Announces Record Revenue and Earnings for Full Year Fiscal 2022

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Mitek to Report Fiscal 2022 Fourth Quarter and Full Year Financial Results on June 29, 2023

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New ID R&D Patent Bolsters Advantages of Frictionless Facial Liveness Detection

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Mitek Provides Update on Nasdaq Listing; Reiterates 2022 Preliminary Results and Provides 2023 Guidance

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Mitek Systems, a global leader in digital identity and fraud prevention, has received a delisting notice from Nasdaq due to non-compliance with filing financial reports. However, the company plans to request a hearing to avoid immediate delisting. Mitek has developed a plan to regain compliance and is confident in its business. The company expects solid growth in revenue and non-GAAP operating margins for fiscal year 2023.
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FAQ

What is the current stock price of Mitek Sys (MITK)?

The current stock price of Mitek Sys (MITK) is $9.37 as of February 28, 2025.

What is the market cap of Mitek Sys (MITK)?

The market cap of Mitek Sys (MITK) is approximately 424.4M.

What does Mitek Systems, Inc. do?

Mitek Systems, Inc. specializes in mobile capture and digital identity verification solutions using artificial intelligence and machine learning.

Which industries does Mitek serve?

Mitek serves financial institutions, payment companies, and other businesses operating in highly regulated markets.

What are the main products of Mitek?

Mitek's main products include Mobile Deposit, Mobile Verify, and CheckReader.

How many organizations use Mitek's solutions?

Over 7,800 financial services organizations and fintech brands use Mitek's solutions.

How many consumers use Mitek's solutions?

More than 80 million consumers use Mitek's solutions.

What is Mitek's Mobile Deposit?

Mobile Deposit is a solution that allows consumers to deposit checks using their mobile devices.

What does Mitek’s Mobile Verify do?

Mobile Verify verifies a user's identity online, helping organizations build safer digital communities.

How does CheckReader benefit financial institutions?

CheckReader automatically extracts data from check images received through branches, ATMs, RDC, and mobile channels.

Why do businesses use Mitek's solutions?

Businesses use Mitek's solutions to mitigate financial risk, comply with regulatory requirements, and enhance user experience.

Where can I find more information about Mitek Systems, Inc.?

For more information, visit Mitek's official website at www.miteksystems.com.
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Mitek Sys Inc

Nasdaq:MITK

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MITK Stock Data

424.39M
44.22M
2.95%
77.93%
8.17%
Software - Application
Computer Peripheral Equipment, Nec
Link
United States
SAN DIEGO