Mitek Systems, Inc. MITK

Mitek Systems Inc is engaged in the development, sale, and service of proprietary software solutions related to mobile imaging. The firm is a software development company with expertise in artificial intelligence, and machine learning. It serves more than 7,900 financial services organizations, financial technology (fintech) brands, telecommunications companies, and marketplace brands across the globe. The company's Mobile Deposit solution is used by consumers for mobile check deposits. The company's Mobile Verify verifies a user's identity online, enabling organizations to build safer digital communities, whereas CheckReader enables financial institutions to automatically extract data from a check image received across any deposit channel - branch, ATM, RDC, and mobile.

• GlobeNewswire Inc. 11 jun

  Identity Verification Market to Reach USD 62.11 Billion by 2035, Driven by Rising Fraud Risks, AI-Based Authentication, and Global KYC Compliance Demand | Report by SNS Insider

  The global identity verification market is projected to grow from USD 14.93 billion in 2025 to USD 62.11 billion by 2035 at a 15.4% CAGR, driven by rising identity fraud costs, regulatory compliance mandates, and adoption of AI-powered biometric solutions. The U.S. market is expected to grow from $4.92 billion to $20.44 billion, while Europe is projected to reach $16.18 billion by 2035. Cloud-based solutions dominate with 64% market share, while biometric verification leads with 58% revenue share. BFSI sector remains the largest vertical, with retail and e-commerce showing the fastest growth.

  

• GlobeNewswire Inc. 9 jun

  Aware Expands Awareness Platform Capabilities with Key Partnerships to Deliver Smarter Identity Decisions

  Aware, Inc. announced significant enhancements to its Awareness Platform through partnerships with ROC and Mitek, introducing expanded biometric orchestration, configurable workflows, and improved fraud detection capabilities including enhanced Intelligent Liveness and Intelligent Matching features with 10x lower false non-match rates. General availability is targeted for Q3 2026.