Mitek in the news

White House science advisers call for an "AI Bill of Rights"

The Biden administration is exploring a "bill of rights" to govern facial recognition and other potentially harmful uses of artificial intelligence, but the problems AI poses are much bigger than figuring out how to regulate a new technology.

BIOMETRICSCombating the ‘Bad Guys’ Through Sophisticated Digital Identity Verification

Businesses around the world are going through a digital transformation to build more efficient digital channels. But in doing so, they are potentially exposing themselves to new risks of fraud.

32 Payments Execs Define Payments’ 'New Normal'

Biometrics: the changing face of facial recognition technology

From facial recognition scans that unlock our smartphones to medical wearables monitoring our heart rates, biometrics technologies have become a near inescapable part of our daily lives.

Layered Identification: A Cure For The Scam Pandemic?

Banking technology is getting better and better. It’s harder than ever to crack someone’s bank account open via a brute force attack – as it should be. But fraud is still rampant, standing at $56bn in 2020, impacting 49 million people, according to a recent Javelin identity fraud report.

Layered Identification: A Cure For The Scam Pandemic?

Banking technology is getting better and better. It’s harder than ever to crack someone’s bank account open via a brute force attack – as it should be. But fraud is still rampant, standing at $56bn in 2020, impacting 49 million people, according to a recent Javelin identity fraud report.

When will facial recognition understand the trans and non-binary communities?

For those who identify as transgender or non-binary, human-computer interfaces are almost never built with them in mind.

Decentralized Identity: Giving Consumers Power Over Their Identities

Decentralized identity aims to give consumers power over their own identity credentials, not by way of paper documents, but with a self-owned digital “wallet.”

How Businesses Can Keep Up With DeFi Disruption

Among all the headlines and discussions of cryptocurrencies and non-fungible tokens (known as NFTs), a form of disruptive technology is gaining momentum that I believe has the potential to impact our current financial models: decentralized finance.

To Move Into The Mainstream, DeFi Needs To Double Down On Digital IDs

Max Carnecchia, CEO of Mitek, told Karen Webster that increasingly, there would be an intersection between DeFi and digital identities — because DeFi will need them to keep trust in place and keep it all functioning.

Top Wall Street analysts say these stocks are buys going into earnings

Wall Street is gearing up for the busiest week of earnings season. Several stock market heavyweights are lining up to release their second-quarter prints, and analysts are taking note.

Technology has a big role to play in protecting consumers from scams

Research by Which? has revealed the online shopping surge during the pandemic led to a spike in scams. Buying online has never mattered more. Whether consumers are treating themselves to their favourite brand’s new deals or doing their weekly grocery shop.

Which? on rise in online scams

Fraudsters have added to the suffering that many people have faced during the past year by using the pandemic and the increase in online shopping as a springboard for tricking a growing number of victims, says the consumer campaign group Which?.

Voice biometrics: the new defense against deepfakes

It's no surprise we’ve seen a huge increase in fraud rates over the past year – the absence of face-to-face contact under lockdown has made it easier than ever for fraudsters to get past identity checks.

Flee passwords — please — and create biometric layers to protect businesses

Alvarez, who works in the FBI’s cyber unit in San Francisco, was discussing the need to bring multifactor authentication that includes biometrics to bare in the campaign to shut down retail and workplace fraud.

It's Time To Incorporate Biometrics Into Security Protocols

What do unlocking our smartphones, opening new bank accounts and signing up for gig economy platforms have in common?

Mitek Check Fraud Defender protects against sophisticated check fraud attacks

Mitek introduced Check Fraud Defender, an artificial intelligence-powered, cloud-hosted consortium for financial institutions to counteract check fraud. An important addition to a financial institution’s fraud-fighting protocols, Check Fraud Defender helps protect against the growing sophistication of check fraud attacks.

Fake delivery company texts

A survey by the consumer rights campaigners Which? of 2,006 people in May found that three in five (61pc) had received a fake delivery company text in the past year.

Mitek Introduces Check Fraud Defender

Mitek Uses Computer Vision to Guard Against Check Fraud

Mitek is trying to help banks crack down on checking fraud with the release of its aptly named Check Fraud Defender. The Software-as-a-Service offering is hosted in the cloud, and uses artificial intelligence and computer vision to analyze checks and make sure they are legitimate.

Google abandons plans to simplify URLs in Chrome following real-world testing

Google has abandoned an experimental plan to hide certain URL elements in Chrome due to a failure to move “relevant security metrics” during testing.

5 highlights for CFOs from Fortune’s Global Forum

Frank Teruel was named SVP and CFO at Mitek Systems, Inc., a global software company, effective July 16, 2021. Teruel was previously the chief operating officer at ADARA. He will succeed Jeff Davison, who announced his retirement earlier this year.

Tariq Malik returns to lead Pakistan digital ID efforts amid biometrics leadership appointments

In a flurry of new hires, NADRA has returned its former head, Mitek Systems has appointed a new board member and chief financial officer (CFO), and BioCatch has announced Mike Keating is the firm’s new chief revenue officer.

Mitek Names New CFO, Board Member

In the wake of its acquisition of ID R&D, Mitek has now announced two important new executive appointments. Mitek Names New CFO, Board Member Frank Teruel, an experienced cybersecurity executive and academic, has been named the company’s new Chief Financial Officer.