Mitek in the news

How trust will shift the gears in the UK banking industry

Modern-day banking has been made easy, thanks to the likes of mobile-first challenger banks. They have designed their apps and offerings to meet their customer’s needs, making sure the way these apps function match the way their customers manage their finances.

Here’s How Banks Can Continue Winning Our Trust Post-COVID

Whether it be choosing holiday destinations or trying different foods, we humans tend to stick to what we know. Then came 2020 and the tables were turned: new experiences became everyday norms, and everyday norms became a distant memory.

Arrests made over UK “smishing” texts scam

UK police have made eight arrests following a series of early morning operations targeting individuals suspected of sending out “smishing” texts. These scam messages aim to steal people’s personal and financial details by directing recipients to fake versions of websites of trusted organizations, such as Royal Mail.

Eight arrested over Royal Mail ‘smishing’ scam

The arrests come weeks after researchers found a 645% increase in Royal Mail-related phishing scams

Mitek: Trust Will Turn the Tide in the UK Banking Industry

Traditional high street banks have seen a gradual decrease in popularity with the rise of digital challenger banks. It has become apparent over the last few years, and increasingly more so following the pandemic, that simply holding a high street bank’s name will not be enough to secure new customers as they once would.

Can the Zoom Cat filter open up a portal for deepfakes?

Since the start of the pandemic, digitals tools have allowed us to continue to function as a society – albeit with a few changes here and there. Thanks to these tools, we’ve been able to continue working, shop for groceries, attend virtual GP appointments via video conferencing and even attend digital court hearings.

Experts Comments on World Password Day

As World Password Day is coming up on the 6th of May it reminds us of the importance of protecting ourselves through strong passwords. World Password Day helps people to improve passwords that they use for their online accounts and provide sources to learn more about cybersecurity.

AI: The Unseen Assistant

Artificial intelligence is already doing a lot for us behind the scenes, and a surge of new and better applications is on the way.

Persistent fraud threats drive consumer biometrics for payments and mobile credentials

A biometric spoof attack and new fraud report this week both indicate the challenge of ensuring financial transactions are legitimate, showing why the latest Goode Intelligence forecast includes biometrics being used for billions of dollars in payments in the years ahead.

Why diversity should be at the forefront of identity

Collectively we have a responsibility to ensure digital identity technologies don’t exclude or misrepresent the underrepresented, writes Cindy White, CMO, Mitek

How AI, machine learning and biometrics can help in the fight against financial fraud

The pandemic has had a dramatic impact on consumer financial behaviour around the world. Unfortunately, it has also inspired a major shift in how criminals approach fraud. Mitek Systems is one of the sponsors of the 2021 Identity Fraud Study by Javelin Strategy & Research.

Need To Build Customer Trust? Four Lessons To Learn From Financial Institutions

CEO of Mitek, leader in mobile capture & digital identity verification solutions built on the latest advancements in AI & machine learning.

Countering Deepfake Fraud in Digital Onboarding

Mitek’s Sanjay Gupta on Banking's Challenges Balancing the User Experience and Security

Consumer biometrics improvements could set up future digital service ecosystem, Mitek CTO says

Consumer authentication for digital services has matured rapidly during the past several years, creating major opportunities for businesses to onboard customers and deliver services remotely.

Women Of The C-Suite: Cindy White of Mitek On The Five Things You Need To Succeed As A Senior Executive

Digital identities mean stronger privacy

Most of us don’t think twice when buying alcohol, let alone consider it a security risk. But when flashing our ID’s, sellers get an unnecessarily full view of our address, surname, nationality and signature.

Facebook apps used in more than half of online child sex crimes

More than half of the online child sex crimes in one year took place on Facebook-owned apps, according to data from the NSPCC, as the charity called for more to be done to tackle abuse in private messaging.

The success of identity technologies depends on diversity

Technology has a long way to go to create inclusive access for all.

Why the Zoom cat filter raises banking security questions

Since the onset of the pandemic, digital tools have been a means of survival across many industries. However, the shift has been far from a seamless experience.

Mitek on How Data Privacy Will Accelerate Digital ID Adoption

With an increasing number of identity fraud cases occurring in the wake of COVID-19, digital ID solutions are a possible answer. Whether it's biometric authentication or another solution, the need for data privacy in a post-pandemic world will likely speed this up.

MITK CEO Max Carnecchia On The Digital ID Verification Company

The CEO and Board Member of Mitek Systems (MITK), Max Carnecchia, says that the digital ID verification company recently reported earnings of $0.14 in EPS and $25.98M in revenue.

Tech Pros Predict 12 Trends That Will Dominate The Industry In 2021

Processes: Vacuumlabs, Mitek, SmartStream and Kani in View from the Top

What your data security team can expect in 2021: 5 key trends